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Jakarta Post

Sri Mulyani, other familiar faces join Jokowi’s economic team

  • Marchio Irfan Gorbiano and Adrian Wail Akhlas

    The Jakarta Post

Jakarta   /   Tue, October 22, 2019   /  10:28 pm
The Jakarta Post Image
Finance Minister Sri Mulyani Indrawati leaves the State Palace on Tuesday, Oct. 22, 2019.(JP/Donny Fernando)

With the reappointment of Sri Mulyani Indrawati as finance minister and more familiar faces joining the economic team of President Joko “Jokowi” Widodo in his second term, observers and business players are calling for progress in unfinished tasks that have hindered business in Indonesia. “[The President] has assigned me to keep serving as finance minister and to use all fiscal policy [options] to help the relevant ministers improve economic resilience," Sri Mulyani told reporters after a meeting with Jokowi at the Presidential Palace in Jakarta on Tuesday. Sri Mulyani is expected to bring about a policy breakthrough that creates a positive business environment through fiscal incentives and other tools to avoid a hard landing on Indonesia’s economy against the backdrop of the US-China trade war and global recession threats. The former managing direct...