Budget Cuts Won’t Hinder Growth

Jakarta. Finance Minister Sri Mulyani Indrawati outlined the government’s budget austerity measures to hundreds of global investors during her keynote speech at the Mandiri Investment Forum (MIF) in Jakarta on Tuesday.

The event, attended by 23,000 participants including 700 investors and business leaders, drew representatives from Hong Kong, Singapore, Malaysia, Thailand, the United States, the United Kingdom, Germany, Norway, the United Arab Emirates, and Australia.

Sri Mulyani said the efficiency measures are part of implementing Presidential Instruction No. 1 of 2025 on optimizing the state budget (APBN) and regional budgets (APBD).

“We are…

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