At APEC, Sri Mulyani Calls The Global Economy More Complex

Minister of Finance Sri Mulyani (Photo; Doc. Antara)

JAKARTA - Minister of Finance (Menkeu) Sri Mulyani Indrawati also attended the Asia Pacific Economic Cooperation (APEC) agenda in a series of Finance Ministers Meeting agendas as representatives of Indonesia. During the meeting, 21 Ministers of Finance of APEC member countries were also present on the agenda.

On this occasion, Sri Mulyani conveyed several things, especially regarding a series of increasingly complex global economic challenges.

"I conveyed a few things on this occasion, especially regarding the increasingly complex global economic challenges. One of them is the condition of higher for longer which has increasingly slumped the fiscal position of several countries," Sri Mulyani wrote on her official Instagram account @smindrawati, Monday 13 November.

Sri Mulyani also said that the issuance of policies related to the issue of climate change needs to be responded to globally so that it can be mitigated together and become a potential source of growth.

Meanwhile, massive financing needs have the potential to put great pressure on the market and lead to increased pressure related to financing in developing countries, including Indonesia.

Facing all these global dynamics, Sri Mulyani also said that welcoming mature and wise fiscal policies is very important. In addition, times full of challenges like this are the right time to carry out various structural reforms.

"Indonesia itself has been continuing to complete various reform agendas for several years," he said.

In addition, Sri Mulyani added that the APBN is also a catalyst for efforts to accelerate economic transformation. Focusing on investment in infrastructure and human resources is an example. According to him, this is an example of efforts to resolve various development issues.

Discussions this morning also took place warmly in the middle of cold San Francisco air. Hopefully through this discussion and various series of APEC agendas in the future, we can all find solutions together in facing various world challenges..!," he explained.