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Fall of Suharto
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{{Short description|1998 Indonesian presidential resignation}} {{Lead too short|date=May 2025}} {{Use dmy dates| date = February 2022}} {{Infobox civil conflict | title = Fall of Suharto | partof = the [[1997 Asian financial crisis]] and the [[Post-Suharto era in Indonesia]] | image = {{multiple image | border = infobox | total_width = 300 | image_style = border:1; | perrow = 1/1/2 | image1 = Suharto resigns.jpg | image2 = Jakarta riot 14 May 1998.jpg | image3 = May 1998 Trisakti incident.jpg | image4 = November 1998 Semanggi demonstrations.jpg }} '''Clockwise, from top:''' {{flatlist| * [[President of Indonesia|Indonesian president]] [[Suharto]] presenting his [[resignation]] from office * Rioters burning office furniture on the streets of [[Jakarta]] * Students protesting against the government * [[Trisakti University]] students and police forces [[Trisakti shootings|clashing]] }} | date = 4β21 May 1998 | place = [[Indonesia]] | causes = | result = Fall of the [[New Order (Indonesia)|New Order]] * Resignation of Suharto as president * The inauguration of [[B. J. Habibie]] as Suharto's successor * Creation of the [[Development Reform Cabinet]] * [[1999 East Timorese independence referendum|Independence referendum]] for [[East Timor (province)|East Timor]] on 30 August 1999 | leadfigures1 = {{plainlist| * {{flagicon|Indonesia}} [[Suharto]] * {{flagicon|Indonesia}} [[Feisal Tanjung]] * {{flagicon|Indonesia}} [[Wiranto]] * {{flagicon|Indonesia}} [[Prabowo Subianto]] * ''Various other pro-Suharto politicians and generals''}} | leadfigures2 = {{plainlist| * {{flagicon|Indonesia}} [[Amien Rais]] * {{flagicon|Indonesia}} [[Megawati Sukarnoputri]] * {{flagicon|Indonesia}} [[Harmoko]] * ''Student leaders and other opposition politicians''}} }} {{Suharto series}} On 21 May 1998, [[Suharto]] resigned as [[president of Indonesia]] following [[May 1998 riots of Indonesia|protests and riots]] across the country against [[New Order (Indonesia)|his regime]]. His vice president, [[B. J. Habibie]], took over the presidency. Suharto's grip on power weakened following severe economic and political crises stemming from the [[1997 Asian financial crisis]]. The economy suffered a flight of foreign capital, leading to a drastic drop in the value of the [[Indonesian rupiah]], which severely impacted the economy and people's livelihoods. Suharto was re-elected to his seventh term by the [[People's Consultative Assembly]] in March 1998. Increasing political unrest and violence undermined his previously firm political and military support, leading to his May 1998 resignation. Initially under newly installed President Habibie, a period of political reform (''[[Post-Suharto era in Indonesia|Reformasi]]'') followed.
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