Fall of Suharto

Fall of Suharto
Fall of Suharto
Part of the 1997 Asian financial crisis and the Post-Suharto era in Indonesia
	Clockwise, from top: 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 clashing;
Date	4–21 May 1998
Location	Indonesia
Resulted in	Fall of the New Order Resignation of Suharto as president; The inauguration of B. J. Habibie as Suharto's successor; Creation of the Development Reform Cabinet; Independence referendum for East Timor on 30 August 1999;
Lead figures
	Suharto; Feisal Tanjung; Wiranto; Prabowo Subianto; Various other pro-Suharto politicians and generals; Amien Rais; Megawati Sukarnoputri; Harmoko; Student leaders and other opposition politicians;

On 21 May 1998, Suharto resigned as president of Indonesia following protests and riots across the country against 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 (Reformasi) followed.

Fall of Suharto
Part of the 1997 Asian financial crisis and the Post-Suharto era in Indonesia
Clockwise, from top: 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 clashing
Date	4–21 May 1998
Location	Indonesia
Resulted in	Fall of the New Order Resignation of Suharto as president The inauguration of B. J. Habibie as Suharto's successor Creation of the Development Reform Cabinet Independence referendum for East Timor on 30 August 1999
Lead figures
Suharto Feisal Tanjung Wiranto Prabowo Subianto Various other pro-Suharto politicians and generals Amien Rais Megawati Sukarnoputri Harmoko Student leaders and other opposition politicians