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9 Jun

Sri Mulyani Indrawati- Championing Financial Stability in Asia

Born in Bandar Lampung on August 26, 1962, Sri Mulyani earned her bachelor degree in Economics major from the Universitas Indonesia (1986). She continued her studies at the University of Illinois Urbana-Champaign, United States and earned Master of Science of Policy Economics (1990). In 1992, she earned PhD of Economics.

This specialist of Monetary Economy and Banking, as well as Labor Economics research, was chosen to be the Executive Director of International Monetary Fund (IMF) representing 12 countries in the South East Asia (SEA Group) at the beginning of October 2002. Starting from November 1, 2002, she represented 12 member countries of SEA Group at International Monetary Funds.

On December 5, 2005, she was appointed to serve as the Minister of Finance. During her devotion as the Minister of Finance, Sri Mulyani Indrawati achieved many achievements, such as stabilizing macroeconomy, maintaining prudent fiscal policy, decreasing the cost of loans and managing debt, as well as creating trust among investors.

She championed the Minister of Finance’s reform. Hence, it created many fundamental changes in the Ministry of Finance. On September 18, 2006, Sri Mulyani was crowned as the best Minister of Finance in Asia by the Emerging Markets in the sidelines of World Bank and IMF’s Annual Session in Singapore.

She was also elected as the 23rd world’s most influencing woman from Forbes magazine in 2008 and the 2nd most influencing woman in Indonesia from Globe Asia magazine in October 2007. Sri Mulyani was also awarded as the best Minister of Finance for 2006 from the Euromoney and the best Minister of Finance in Asia by the Emerging Market Forum in the same year.

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In 2008, she served as the Acting Coordinating Minister for Economic Affairs after the Coordinating Minister for Economic Affairs Dr. Boediono was inaugurated as the Governor of Bank Indonesia. Then she was appointed as the Executive Director of World Bank commencing on June 1, 2010.

On July 27th, 2016, President Joko Widodo inaugurated Sri Mulyani Indrawati as the Minister of Finance in his Working Cabinet.

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