Sri Mulyani Reveals Prabowo's Instructions on Deregulation and Targeted Spending

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TEMPO.CO, Jakarta - Indonesian Finance Minister Sri Mulyani Indrawati revealed several key points emphasized by President Prabowo Subianto in a limited meeting discussing the State Budget (APBN) on Tuesday night, July 22, 2025.

During the meeting, according to Sri Mulyani, the President once again emphasized the importance of deregulation and targeted spending. "The President's directions are very comprehensive. Reform in terms of state revenue is still being carried out so that we can obtain adequate state revenue. Spending is focused on important programs," said Sri Mulyani after the meeting at the Presidential Palace in Jakarta on Tuesday night, July 22, 2025, as quoted from Antara.

The Head of State also asked Sri Mulyani and her team to keep the deficit at a good level. In addition, the Finance Minister was also asked to ensure that the APBN continues to support national economic growth.

"He said that if market confidence can be maintained, our economy will continue to run, support for the economy through APBN, counter-cyclical, can take effect," said Sri Mulyani.

In addition to fiscal framework, Prabowo also emphasized the importance of deregulation measures to create a conducive business climate and drive sustainable economic growth. He hoped that various deregulation measures could be effectively implemented so that the economy could grow and not always depend on the APBN.

"So, in this case, various improvements to regulations to facilitate the business world, investment, trade, and especially to encourage many Danantara and good governance," said Sri Mulyani, who was accompanied by her two deputy ministers, Suahasil Nazara and Thomas Djiwandono, during the press conference.

Furthermore, Sri Mulyani stated that the complete performance of the APBN will be directly addressed by President Prabowo in the state address at the DPR Plenary Session on August 15. "So stay tuned for August 15 based on the directions that Mr. President has given to us."

The limited meeting discussing the APBN took place after President Prabowo led a limited meeting to discuss the optimization of Special Economic Zones (KEK). In the limited meeting related to the APBN, several ministers present were Coordinating Minister for Economic Affairs Airlangga Hartarto, State Secretary Prasetyo Hadi, and Cabinet Secretary Teddy Indra Wijaya.

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