Sri Mulyani gets a big challenge over the achievement she received

News24xx.com - Minister of Finance, Sri Mulyani Indrawati is named as the best Finance Minister in East Asia and Pacific in 2018, the version of Global Markets magazine.

The award of the Finance Minister of the Year, East Asia Pacific is awarded for her work and performance to maintain Indonesia's financial reputation amid more challenging conditions. This award is received by Minister of Finance for the second time. Minister of Finance Sri Mulyani's policy is considered credible and effective.

In the 2018 Bali lMF-WBG Annual Meeting which ended yesterday, Global Markets is a leading news magazine in the field of international economic markets whose past 30 years have become a reference for actors and institutions in the international economic and financial sectors.

Sri Mulyani has overcome two problems, namely tax collection and absorption of the government budget. Last year's tax collection (2017) reached 91 percent of the target, from the achievement of 83 percent in the previous two years. This is helped by a tax amnesty policy that helped bring Indonesia's wealth abroad back to the homeland. Quoted from Global Markets.

Meanwhile, government spending grew very rapidly in the three years since 2017, reaching 21.1 percent of GDP. While the APBN uptake increased from 73 percent in 2016 to 97 percent in 2017, the highest level in six years.

Sri Mulyani also played an active role in reducing poverty, an issue of great concern. The poverty rate fell 0.6 percent between September 2016 and September 2017, the biggest decline in five years.

The award received by Minister of Finance Sri Mulyani as 'Finance Minister of the Year, East Asia Pacific' is the biggest challenge for her when the Indonesian economy is in an unstable state. The Indonesian economy offers great potential but provides a serious problem for the Ministry of Finance.

Quoted from the information posted on the intagram account (@smindrawati) on Saturday, Pctpber 13th 2018.

 

 

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