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The Latest Breaking News from Sri Mulyani Indrawati

Indonesia Leader In Damage Control, Installs Loyalists After Protests

In removing Indonesia's finance minister and U-turning on protester demands, the leader of Southeast Asia's biggest economy is scrambling to restore public trust while seizing a chance to install loyalists after deadly riots last month, experts say.

International Business Times

Indonesian President Prabowo replaces five ministers after deadly protests

Finance Minister Sri Mulyani Indrawati was among those ousted days after protesters raided her home.

Al Jazeera

Indonesian leader fires the ministers of finance and security after deadly protests

Indonesia's president has announced a Cabinet reshuffle, replacing key economic and security ministers after deadly protests erupted across the country

The Independent UK

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Indonesia's President Subianto Swears In Largest Cabinet Since 1966

President Prabowo Subianto inaugurates Indonesia's largest Cabinet since 1966, focusing on robust governance and ambitious economic growth goals.

Top News

Indonesia graft agency arrests tax official at centre of wealth scandal

Indonesia's anti-graft agency on Monday arrested a senior tax officer on corruption charges, in a case that has sown distrust among the public against tax officials and triggered calls to boycott paying taxes.

Reuters

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Indonesians query tax official’s wealth after viral assault video

Tax official’s finances investigated after a video appearing to show his son attacking a teen spreads online.

Al Jazeera

G20 chair Indrawati says 'huge gaps' remain on Ukraine war, geopolitical issues

The Group of 20 major economies has "quite a lot of huge gaps" to bridge over geopolitical divisions, including the war in Ukraine, but remains in agreement over many financial issues, the group's chair said on Thursday.

Reuters

Indonesia hikes fuel prices by 30%, cuts energy subsidies

Fuel prices have increased by about 30% across Indonesia after the government reduced some of the costly subsidies that have kept inflation in Southeast Asia’s largest economy among the world’s lowest

The Independent UK

Indonesia to shift $1.6 billion portion of fuel subsidy budget to welfare programmes

Indonesia will reallocate 24.17 trillion rupiah ($1.62 billion), or nearly 5%, of its fuel subsidy budget to social spending, including cash handouts to 20.65 million households, its finance minister said on Monday.

Reuters

For G20, Ukraine war an obstacle to cooperation on global economy

Finance ministers and central bank governors fail to sign communique amid divisions over Russia’s invasion of Ukraine.

Al Jazeera

G-20 finance meeting ends without a communique but progress on food

Division over Russia’s war in Ukraine meant a meeting of Group of 20 finance chiefs ended without the usual communique, though there was incremental progress on issues such as food and energy security.

Tribune News Service

Few policy breakthroughs at G20 meeting amid divisions over war in Ukraine

Finance chiefs from the Group of 20 major economies have pledged to address global food insecurity and rising debt at a two-day meeting in Indonesia, but made few policy breakthroughs amid divisions over Russia's war in Ukraine.

Radio France Internationale

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The Independent UK

G20 finance meetings in Bali overshadowed by war in Ukraine

Financial leaders of the Group of 20 richest and biggest economies have wrapped up meetings on the Indonesian resort island of Bali without a final joint communique

Reuters

Indonesia calls for G20 joint ministerial forum to tackle food crisis

Indonesian Finance Minister Sri Mulyani Indrawati on Friday called for a joint forum involving G20 finance and agriculture ministries to come up with concrete action to tackle growing food insecurity and a looming fertilizer supply crisis.

Asharq Al-Awsat

G20 Finance Chiefs Meet as Indonesia Warns of Energy, Food Catastrophe

Group of 20 finance ministers and central bank chiefs from top economies met in Indonesia Friday for talks on the fallout from Russia's invasion of Ukraine, with the host warning them failure to tackle energy and food crises would be catastrophic. The two-day meeting on the resort island of Bali…

The Independent UK

G20 finance leaders in Bali to tackle Ukraine, inflation

Top financial officials from the Group of 20 leading rich and developing nations are meeting on the Indonesian island of Bali seeking strategies to counter the repercussions from the war in Ukraine, inflation and other global crises

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France 24

British man dies in detention after being captured by pro-Russian forces in Ukraine

Moscow-backed separatists confirmed that British man Paul Urey died in detention on July 10 after being captured by pro-Russian forces in Donetsk. The EU, meanwhile, proposed to “slap a sanctions regime on gold” from Russia, the deputy head of the European Commission said on Friday, in what would be the…

Reuters

Indonesia's Indrawati says palm oil export ban will hurt other countries, but necessary

Indonesia's new palm oil export ban will hurt other countries but is necessary to try to bring down the soaring domestic price of cooking oil driven up by Russia's war in Ukraine, Indonesia's finance minister told Reuters on Friday.

Radio France Internationale

G20 walk out in condemnation of Russia's war in Ukraine

Senior officials from Britain, the United States and Canada walked out on Russia's representatives at a Group of 20 meeting on Wednesday with many members condemning Moscow's war in Ukraine, exposing deep divisions within the bloc of the world's major economies.

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