Sri Mulyani
Sri Mulyani | |
|---|---|
Official portrait, 2021 | |
| 26th Minister of Finance | |
| In office 27 July 2016 – 8 September 2025 | |
| President | Joko Widodo Prabowo Subianto |
| Preceded by | Bambang Brodjonegoro |
| Succeeded by | Purbaya Yudhi Sadewa |
| In office 7 December 2005 – 20 May 2010 | |
| President | Susilo Bambang Yudhoyono |
| Preceded by | Jusuf Anwar |
| Succeeded by | Agus Martowardojo |
| Managing Director of the World Bank Group | |
| In office 1 June 2010 – 27 July 2016 | |
| President | Robert Zoellick Jim Yong Kim |
| Preceded by | Juan José Daboub |
| Succeeded by | Kyle Peters (Acting) |
| Coordinating Minister for Economic Affairs | |
Acting | |
| In office 13 June 2008 – 20 October 2009 | |
| President | Susilo Bambang Yudhoyono |
| Preceded by | Boediono |
| Succeeded by | Hatta Rajasa |
| Minister of National Development Planning | |
| In office 21 October 2004 – 5 December 2005 | |
| President | Susilo Bambang Yudhoyono |
| Preceded by | Kwik Kian Gie |
| Succeeded by | Paskah Suzetta |
| Personal details | |
| Born | Sri Mulyani Indrawati 26 August 1962 Tanjung Karang (now Bandar Lampung), Indonesia |
| Party | Independent |
| Spouse |
Tonny Sumartono (m. 1988) |
| Education | University of Indonesia (S.E.) University of Illinois, Urbana-Champaign (MS, PhD) |
| Scientific career | |
| Fields | Public finance |
| Institutions | |
| Thesis | Measuring the labor supply effect of income taxation using a life-cycle labor supply model: A case of Indonesia (1992) |
| Doctoral advisor | Jane H Leuthold |
| Signature | |
Sri Mulyani Indrawati (born 26 August 1962) is an Indonesian economist who served as minister of finance from 2016 to 2025 under President Joko Widodo and Prabowo Subianto. She also served in the role under President Susilo Bambang Yudhoyono between 2005–2010.
In her first tenure, she was credited with strengthening Indonesia's economy, increasing investments, and steering Southeast Asia's largest economy through the 2008 financial crisis and the Great Recession. However, she was widely criticized for supporting a bailout of Bank Century in 2008, which cost the government Rp6.76 trillion ($737 million in 2008), resulting in the Indonesian House of Representatives holding a non-confidence vote on the bailout warrant. She resigned her post in 2010 and took a position at the World Bank as Managing Director, before returning as finance minister in 2016.
Sri Mulyani became the first person who worked as a Minister of Finance in Indonesia under three different successive presidents: Susilo Bambang Yudhoyono, Joko Widodo, and finally Prabowo Subianto. She enjoyed high popularity following her reappointment in Widodo's administration, including being listed as The World's 100 Most Powerful Women by Forbes for several times, but she later garnered criticism for her budgeting and tax policy. During August-September 2025 protests, Sri Mulyani's home in South Tangerang became the target of looting by the mobs. On 8 September 2025, she was replaced as finance minister by Purbaya Yudhi Sadewa.