Economics

Indonesia Brings Back Veteran Indrawati as Finance Minister

  • She helped steer nation through global financial crisis
  • Appointment helps Jokowi ‘consolidate his grip’ on agenda
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Indonesian President Joko Widodo picked Sri Mulyani Indrawati as his new finance minister, returning her to a post she held six years ago in which she built up a reputation as a tough technocrat and reformer.

Indrawati, 53, will replace Bambang Brodjonegoro in the second cabinet reshuffle since the president -- known as Jokowi -- took office just under two years ago. It signals his commitment to push through an ambitious infrastructure program to transform Southeast Asia’s largest economy, and meet a pledge of boosting growth to 7 percent.