Mulyani Indrawati

“The estimated current situation, before the pause, could reduce our potential growth by between 0.3 per cent of GDP up to 0.5 per cent,” says Finance Minister Sri Mulyani Indrawati.

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Indrawati is known as a steady hand in government, having led tax and budget reforms that helped Indonesia earn multiple credit rating upgrades by global ratings companies during her tenure.

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“A number of policies aimed at supporting purchasing power, such as keeping prices stable and social assistance, will be maintained until the end of 2024,” says Sri Mulyani.

Indonesia's 2024 GDP growth seen at 5.1%, finance minister says

Sri Mulyani said she had held several talks with Prabowo, and that the incoming president had kept his message consistent about state finances, in support of strengthening revenue collection and spending capacity.

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