Indonesia
FINANCE MINISTER VOWS FISCAL STABILITY AND MARKET CALM AFTER RIOTS AND HOME LOOT
Finance Minister Sri Mulyani Indrawati has reaffirmed her role and moved to calm markets after riots that included the looting of her home sparked rumours of her resignation. In her first public appearance since the unrest, at a meeting with the Regional Representatives Council on Tuesday (2/9), she ruled out tax hikes for next year, instead pledging stronger enforcement to meet a revenue target of US$146 billion and saying efficiency measures would not cut special autonomy funds for Aceh and Papua. Widely seen as a pillar of fiscal prudence, her decision to stay reassured investors, helping the rupiah and stock market recover after sharp losses. Economists warned her departure could undermine confidence in government bonds and trigger further market volatility. Sri Mulyani described the attack on her home as minor compared with victims’ suffering, calling for empathy and reform. Source: https://www.thejakartapost.com/business/2025/09/03/sri-mulyani-seeks-to-reassure-public-investors.html (ICE GIACARTA)
Fonte notizia: Jakarta Post, 3rd September 2025
