Indonesia’s Prabowo asks Sri Mulyani to remain as finance minister

After confirmation on Monday ( October 14), Sri Mulyani Indrawati, the finance minister for Indonesia, will become the first Indonesian to hold the position of finance minister under the new president’s administration with a focus on improving the state’s finances, she confirmed on Monday ( October 14 ) that President-elect Prabowo Subianto had asked her to continue in that position.

As Mr. Prabowoo, a 62-year-old former World Bank managing director, narrowed down his governmental prospects to one of more than 45 on October 15 at his home in South Jakarta. &nbsp,

” He asked me to serve as the fund minister again”, Mdm Sri Mulyani told investigators, as quoted by Jakarta Globe. &nbsp,

According to local media, Mdm Sri Mulyani’s meet with the President-elect lasted longer than those of some other individuals.

Additionally, Mdm. Sri Mulyani revealed that this was not Mr. Prabowo’s second time talking about the budget for the upcoming year with her. &nbsp,

” During this transition period, my team drafted the 2025 finances, and we have had many conversations about the state funds,” he said. It was essential for me to know the interests of the president-elect and evil president-elect”, Mdm Sri Mulyani explained, as quoted by the Jakarta Globe.

” I think what ( Prabowo ) conveyed has remained consistent: guard state finances, particularly revenues and spending”, she conveyed to reporters after the meeting. &nbsp,

Mdm Sri Mulyani initially became the country’s finance minister in 2005 during Mr Susilo Bambang Yudhoyono’s president, before resigning in 2010 to function as the managing director of the World Bank.

She was reappointed as finance secretary by President Joko Widodo in July 2016 and has remained in that capacity ever since.

She has also received praise for her efforts to reform the tax system and for her leadership of Southeast Asia’s largest sector, which has experienced a number of crises, including the pandemic.

Nearby bond and currency markets have been on top before this because rumors have been riddled about who will become Mr. Prabowo’s finance minister in the wake of the president-elect’s remarks earlier this year on programs to take on more debt.

On October 20, Mr. Prabowo may become formally elected president.