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View all search resultsSri Mulyani seeks to reassure public, investors
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Finance Minister Sri Mulyani Indrawati takes part in a meeting with Regional Representative Council (DPD) Committee IV on the 2026 state budget bill on Sept. 2 in Jakarta.
(ANTARA/Imamatul Silfia)
D
ays after a weekend marked by riots and the ransacking of officials’ houses, including her own, Finance Minister Sri Mulyani Indrawati has sought to reassure the public and investors about the state of the country’s economy and her own role in it.
In her first public appearance since the unrest, during an online meeting with the Regional Representatives Council (DPD) on Tuesday, Sri Mulyani said the government would not impose new taxes next year.
She stressed that the 2026 state revenue target of Rp 2.4 quadrillion (US$146 billion), a 13.5 percent annual increase that she herself had recently described as “ambitious,” would be achieved through stronger enforcement and compliance.
“The media often conveys the impression that our [strategy] to increase revenue is to raise taxes. In fact, taxes will remain the same, but enforcement and compliance will be streamlined and improved,” she said.
She also pledged that efficiency measures next year would not affect the special autonomy funds for Aceh and Papua, even though allocations are set to fall from Rp 17.5 trillion this year to Rp 13.1 trillion, according to the draft of next year’s state budget.
The minister’s remarks come amid widespread protests that erupted last week in response to a generous increase in lawmakers’ housing allowance. The demonstrations escalated into unrest over police brutality following the death of Affan Kurniawan, a 21-year-old motorcycle taxi driver who was run over and killed by a tactical police vehicle during a protest in Jakarta.
Sri Mulyani became personally affected by the unrest when her house was looted on Sunday, which helped fuel rumors that she would resign from her post.
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