utgoing finance minister Bambang Brodjonegoro stumbled while ending his last speech prior to handing over his position to his successor, the outgoing World Bank (WB) managing director and chief operating officer Sri Mulyani Indrawati.
The ministerial handover ceremony was conducted at the ministry’s office in Central Jakarta on Wednesday right after President Joko “Jokowi” Widodo earlier in the morning announced his second Cabinet reshuffle in less than two years.
"I'm sure the cooperation between the Finance Ministry and the National Development Planning Ministry will run well under the leadership of Ibu Sri Mulyani," said Bambang, who has been appointed to head the National Development Planning Ministry, replacing Sofyan Djalil, who becomes the agrarian and spatial planning minister.
(Read also : Sri Mulyani returns)
"Last thing, I hope my colleagues at the tax office can successfully implement the tax amnesty," he said before ending his speech in tears.
The tax amnesty program, deliberated vigorously by Bambang himself and his team with the House of Representatives before being passed into law just last month, is the Jokowi administration’s flagship policy and is expected to bring billions of dollars into the country and Rp 165 trillion (US$12.5 billion) of tax revenues by pardoning past tax crimes in exchange for small penalty rates of between 2 and 10 percent of declared assets. (est)
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.