SriMulyani

Indonesian Rupiah Faces Decline as VAT Changes Prompt Economic Concerns

9 days ago

The Indonesian rupiah has experienced a significant drop recently, influenced by recent developments regarding value-added tax (VAT) reforms. Although the Indonesian Finance Minister, Sri Mulyani Indrawati, has downplayed concerns about the nation's budget deficit, market sentiments remain jittery. Investors are closely watching the interplay of fiscal policy and economic indicators, worried about the longer-term ramifications of these policy changes on the nation’s economic stability.

Indonesia's Last-Minute Decision: Planned VAT Hike Diluted Amid Economic Concerns

9 days ago

In a surprising turnaround, Indonesian authorities unveiled a significant modification to their proposed value-added tax (VAT) increase, which was initially set to come into effect on January 1, 2024. This change comes at a critical juncture, as the government grapples with economic pressures and public backlash regarding the potential economic burden on citizens.

Indonesian Presidential Candidate’s Strategy: Indrawati's Cabinet Role Under Consideration

3 months ago

As the political landscape in Indonesia continues to evolve, the frontrunner for the presidency, Ganjar Pranowo, is reportedly considering the appointment of Indonesia’s former finance minister, Sri Mulyani Indrawati, for a key position within his upcoming cabinet. Ganjar Pranowo, who is currently gaining momentum in the polls, has expressed a desire to assemble a team that reflects both experience and expertise to tackle the pressing challenges facing the nation.