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Home Indonesia

Sri Mulyani says Prabowo, Gibran agree on macroeconomic situations

WNAM: by WNAM:
August 5, 2024
in Indonesia
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Sri Mulyani says Prabowo, Gibran agree on macroeconomic situations
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WNAM REPORT: President-elect Prabowo Subianto and Vice President-elect Gibran Rakabuming Raka agreed on various macroeconomic situations that will affect the implementation of the 2025 Fiscal Year State Budget, Finance Minister Sri Mulyani said.

“Today, we have received approval from the president-elect and vice president-elect regarding the macroeconomic situations that, according to our forecast, will affect the 2025 State Budget,” she stated on Monday after a meeting led by President Joko Widodo (Jokowi) regarding next year’s state budget draft in Jakarta.

According to the minister, the 2025 State Budget Draft was prepared by President Jokowi and Vice President Ma’ruf Amin’s current government, as well as the cabinet ministers.

She explained that the government has begun preparing the 2025 State Budget Draft with various macroeconomic assumptions, both from a global and national perspective.

Mulyani noted that assumptions for preparing the 2025 State Budget Draft have been reported and approved by the president-elect and vice president-elect.

She drew attention to several economic situations that would affect the draft, such as economic growth, inflation, interest rates on government securities, the rupiah exchange rate, oil prices, and oil and gas lifting in the last decade.

Mulyani further emphasized that the government transition process has been going well until now, and communication between President Jokowi and President-elect Prabowo is also intense.

“Communication is running intensely between the current government and the (next) government of the president-elect and vice president-elect. Regarding detailed programs, we have also begun accommodating them and will later be written in the financial note,” Sri noted.

She said that currently, the ministers are finalizing the instruction of President Jokowi and President-elect Prabowo for the preparation of the 2025 State Budget Draft.

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