https://www.scmp.com/rss/522845/feed The latest news and top stories on Sri Mulyani. Known for her career in public finance and fiscal policy, she has served as Indonesia's Finance Minister since 2016, a role she also held from 2005 to 2010. She was previously a Managing Director at the World Bank Group and an Executive Director at the International Monetary Fund. Her work involves formulating fiscal policy, managing state assets and debt, and overseeing financial reporting. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Yanto Chandra Yanto Chandra The protests that have sprang up across Indonesia are a warning about the state of the country and a wake-up call for better governance. Social media posts are filled with photos of lawmakers who left the country in a rush to find safety. Picture an administration running a huge fiscal deficit. Interest payments on loans take up an increasingly large part of the national budget, state spending is soaring amid efforts such as a national school lunch programme costing more than 300 trillion rupiah... https://www.scmp.com/opinion/asia-opinion/article/3323912/protest-hit-indonesia-badly-needs-new-ideas-root-out-corruption?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3323912/protest-hit-indonesia-badly-needs-new-ideas-root-out-corruption?utm_source=rss_feed Tue, 02 Sep 2025 08:30:08 +0000 Reuters Reuters Hundreds of students gathered in major Indonesian cities on Monday, defying fears of a crackdown on protests after deadly riots over the weekend left eight dead in the worst violence in the Southeast Asian nation in over two decades. Protests began a week ago against the government’s spending priorities, such as enhanced perks for lawmakers, and escalated into rioting and looting after a police vehicle hit and killed a motorcycle taxi driver. The homes of political party members, including the... https://www.scmp.com/news/asia/southeast-asia/article/3323886/indonesian-groups-call-protests-over-impossible-conditions-after-security-tightened?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3323886/indonesian-groups-call-protests-over-impossible-conditions-after-security-tightened?utm_source=rss_feed Mon, 01 Sep 2025 06:41:13 +0000 Resty Woro Yuniar Resty Woro Yuniar Nusantara was meant to embody Indonesia’s future: a green, modern capital rising from Borneo’s forests. But amid funding cuts and political indifference, the US$28.6 billion project risks becoming a costly monument to unfinished ambition. The eventual plan? Moving the seat of government there from Jakarta. But this is now clouded by uncertainty after President Prabowo Subianto made no meaningful mention of the city in recent speeches. Officials insist the project remains on track, but analysts... https://www.scmp.com/week-asia/politics/article/3322846/prabowos-silence-deepens-doubts-over-indonesias-dream-capital-nusantara?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3322846/prabowos-silence-deepens-doubts-over-indonesias-dream-capital-nusantara?utm_source=rss_feed Sat, 23 Aug 2025 02:30:07 +0000 Resty Woro Yuniar Resty Woro Yuniar Indonesia’s President Prabowo Subianto has unveiled an ambitious draft budget for 2026 that seeks to boost growth and expand social spending while maintaining financial discipline, but economists caution the plan may be based on optimistic revenue projections and risks undercutting social safety nets. On Friday, Prabowo announced a gross domestic product (GDP) growth target of 5.4 per cent under the draft budget. Total spending is projected to reach 3.79 quadrillion rupiah (US$233.92 billion), a... https://www.scmp.com/week-asia/economics/article/3322349/prabowos-big-budget-indonesia-achievable-or-overly-ambitious?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3322349/prabowos-big-budget-indonesia-achievable-or-overly-ambitious?utm_source=rss_feed Tue, 19 Aug 2025 08:54:37 +0000