JAKARTA - Minister of Finance Sri Mulyani Indrawati won an award as Finance Minister of the Year for East Asia Pacific in 2020, given by Global Markets Magazine.
"This title is a form of the seriousness and hard work of all levels of the Ministry of Finance in dealing with the COVID-19 pandemic in Indonesia," Sri Mulyani said as quoted by Antara , Tuesday, October 13.
He said this award should be a trigger for improvement in fiscal management in Indonesia in facing the challenges of the COVID-19 pandemic.
"This is because Indonesia's challenges are still tough and long ahead. This achievement has indicated that we are on the right track ," he said.
This award is the second award received by Sri Mulyani from the same magazine, after receiving a similar award in 2018.
According to Global Markets magazine, Sri Mulyani deserves this award for her achievements in dealing with the COVID-19 pandemic in Indonesia.
Global Markets also appreciates the commitment to provide fiscal stimulus in the form of social protection, tax incentives, loan guarantees, and subsidies for the business sectors that are the most affected.
The magazine stated that the decision to widen the deficit beyond the maximum limit stipulated in the law of three percent of GDP was not an easy step.
Global Markets is a leading news magazine in the field of international economic markets, which in the last 30 years has become a reference for actors and institutions in the international economic and financial sector.
Previously, Sri Mulyani had also received several awards such as the Best Minister of Finance for Asia 2006 by the Emerging Markets Forum at the IMF-World Bank Annual Meeting in Singapore in 2006.
In addition, Sri Mulyani was also named the Best Minister of Finance 2006 by Euromoney Magazine and the 23rd most influential woman in the world by Forbes Magazine 2008.
The former Managing Director of the World Bank was also named the World's Best Minister at the World Government Summit in Dubai, February 2018.
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