Indonesian minister honoured as Finance Minister of the Year for East Asia-Pacific
Indonesia’s Finance Minister Sri Mulyani Indrawati has been named the Finance Minister of the Year for East Asia-Pacific by Global Markets magazine one more time for her accomplishments throughout the ongoing coronavirus pandemic.
Indonesia’s Finance Minister Sri Mulyani Indrawati (Source: Antara News)Jakarta (VNA) – Indonesia’s Finance Minister Sri Mulyani Indrawati has been named the Finance Minister of the Year for East Asia-Pacific by Global Markets magazine one more time for her accomplishments throughout the ongoing coronavirus pandemic.
The minister previously received the title in 2018.
She said that this title is a tribute to the hard work and dedication of the entire Finance Ministry in response to the COVID-19 pandemic in the country.
She went on to say that such a distinction is expected to boost the government’s confidence in keeping the country’s finances in check.
According to Global Markets, the minister’s decision to provide fiscal stimulus packages – in the form of social security, tax incentives and subsidies for businesses bearing the brunt of the pandemic – was worthy of recognition.
Furthermore, the publication also praised Sri’s decision to widen the state budget deficit, which passed 3 percent of GDP in August after the government relaxed the legal limit through Law No. 2/2020 to help fund the fight against the pandemic./.
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