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Sri Mulyani’s Message to Her Successor Finance Minister: Work Well

CNN Indonesia

Wednesday, 01 Nov 2023 19:00 WIB

Sri Mulyani gave a message to her successor finance minister after he was no longer in office. (REUTERS/KIM HONG-JI).

Jakarta, CNN Indonesia

Sri Mulyani give a message to Minister of Finance his successor after he was no longer in office.

He didn’t give much advice, he just asked the figure who would become the next finance minister to work well.

He conveyed this in the Kompas100 CEO forum, Wednesday (1/11). In the forum, the moderator asked what message Sri Mulyani wanted to convey to the figure who would continue it.

“I said (message to) the next finance minister, yes, work fine,” he said.

Sri Mulyani explained that as finance minister, she often received suggestions to eliminate certain tax levies like in other countries. However, spending on various sectors actually increased.

“So we are confused, right? Revenue is asked to be reduced from taxes, but expenditure is asked to increase,” he said.

He said conditions like this could be a challenge for the next finance minister.

“It means you are going to face this constantly,” he said.

Sri Mulyani said that if the tax levy was eliminated it would not be profitable. According to him, not all countries can survive with this policy.

“There are countries that can survive. If I race to the bottomOn the one hand, revenue will decrease completely, the bureaucracy will ask for tukin (performance allowances) to increase, and ask for infrastructure to be built. So we are confused, right,” he said.

(sfr/sfr)

2023-11-01 12:00:23
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