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Indonesia's Finance Minister Crowned Asia's Best Finance Minister for the 2nd Time. This is Why

Indonesia's Finance Minister Crowned Asia's Best Finance Minister for the 2nd Time. This is Why

After being awarded Best Minister just two months ago, Sri Mulyani Indrawati has bagged another award as Finance Minister of 2018 by Hong Kong-based publication FinanceAsia for the second consecutive year.

According to FinanceAsia, Sri Mulyani succeeded to take Indonesia's economy to a positive path and managed to maximize the opportunity of the global economic progress to reform Indonesia’s financial structure in 2017.

FinanceAsia applauded Sri Mulyani’s “laser-like focus” on increasing tax revenue, which distinguished her from her counterparts across Asia. Her focus on increasing tax revenue was aimed at reducing dependency on commodity sales that often fluctuate depending on global prices.

Sri Mulyani Indrawati | youtube.com
Sri Mulyani Indrawati | youtube.com

To do so, Sri Mulyani targeted wealthy Indonesians to pay up their unpaid taxes. Under her orders, the Directorate General of Taxation intensified legal enforcement through the infamous gijzeling policy, where the government took tax avoiders hostage until they paid their taxes.

Furthermore, Indonesia hit a milestone as the country’s GDP in 2017 hit the $1 trillion mark for the first time while inflation and exchange rates remained stable.

Based on FinanceAsia’s study, Sri Mulyani beat counterparts such Singapore’s Heng Swee Keat, who ranked second; the Philippine’s Carlos Dominguez, ranked third; India’s Arun Jaitley in fourth place and China’s outgoing finance minister Xiao Je in fifth place.

Source : Tempo.co | TheJakartapost.com | FinanceAsia.com

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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