Prabowo to Reappoint Sri Mulyani as Indonesia’s Finance Minister

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The former World Bank director will become the first person to hold the finance portfolio under three presidential administrations.

After the meeting, Sri Mulyani confirmed the appointment to reporters.“He asked me to serve as the finance minister again,” Sri Mulyani said, according to a report by the Jakarta Globe.

Prabowo embarks on an ambitious spending program, which includes an increase in defense spending, hikes in civil servants’ salaries, and a $28 billion program to give 83 million children and pregnant women free meals, to say nothing of the likely expenses involved in finishing Indonesia’s new capital Nusantara.

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Article Details

Author / Journalist: Sebastian Strangio

Category: Economy

Markets: United StatesChinaIndiaIndonesiaJapanNorth KoreaSouth KoreaLaosMarshall IslandsSri Lanka

Topics: President-elect Spending President Minister Mulyani State Plans Finance Prabowo Percent Ambitious

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 09:04:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1706 words

Reading Time: 10 minutes read

Sentences: 62 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23071459

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