Sri Mulyani: Indonesia Potential To Become A Global Financial Profession Epicentrum

Photo: Doc. Ministry of Finance

Minister of Finance (Menkeu) Sri Mulyani said that the government continues to be committed to bringing the financial profession closer to stakeholders and the general public.

According to him, this effort is expected to encourage the strengthening of the role of the financial profession in the context of accelerating national and regional economic growth.

"I would like to convey the importance of the financial profession to develop the economy and the necessity that an increasingly advanced economy is indeed increasingly sophisticated, sophisticated, and complex," he said in a press release today, Tuesday, July 25.

The Minister of Finance explained that the financial profession must be ready to oversee the Indonesian economy. It is stated that guarding means that the financial profession has more adequate competence, is able to see and organize risks, is able to convey data and information accurately and credible, and has professional integrity.

"In terms of strengthening the financial profession, Indonesia has a rapidly growing financial industry. The government shows its seriousness in supporting the strengthening of the financial profession by launching various initiatives to strengthen financial regulations and increase financial access for the community," he said.

The Minister of Finance added that one of the most obvious is the ratification of the Law on the Development and Strengthening of the Financial Sector (UU P2SK) on January 12, 2023, which is an important momentum in reforming the financial sector in Indonesia.

The Minister of Finance said the important role of the financial profession is to provide information and assist business processes with a high level of trust in the public. He said, the presence of the P2SK Law encourages the need for financial professional services and provides opportunities for the financial profession to contribute more to the country's economy.

Therefore, continued the Minister of Finance, the financial profession is obliged to provide services professionally, join professional associations, obey the code of ethics, and maintain independence.

"Hopefully, the financial profession and professional associations can create a deep, innovative, efficient, inclusive, trustworthy, strong, and stable financial sector," he stressed.

The state treasurer advised the financial professions to strengthen and maximize the contribution of the profession. In addition, synergy must be the main basis for teamwork and inter-financial relations.

"Never be tempted to commit fraudulent, manipulative, or unlawful acts. Financial professions are expected to encourage more and more young people to pursue the financial sector by sticking to integrity and professionalism," he concluded.