Sri Mulyani

Sri Mulyani
Official portrait, 2021
26th Minister of Finance
In office
27 July 2016 – 8 September 2025
PresidentJoko Widodo
Prabowo Subianto
Preceded byBambang Brodjonegoro
Succeeded byPurbaya Yudhi Sadewa
In office
7 December 2005 – 20 May 2010
PresidentSusilo Bambang Yudhoyono
Preceded byJusuf Anwar
Succeeded byAgus Martowardojo
Managing Director of the World Bank Group
In office
1 June 2010 – 27 July 2016
PresidentRobert Zoellick
Jim Yong Kim
Preceded byJuan José Daboub
Succeeded byKyle Peters (Acting)
Coordinating Minister for Economic Affairs
Acting
In office
13 June 2008 – 20 October 2009
PresidentSusilo Bambang Yudhoyono
Preceded byBoediono
Succeeded byHatta Rajasa
Minister of National Development Planning
In office
21 October 2004 – 5 December 2005
PresidentSusilo Bambang Yudhoyono
Preceded byKwik Kian Gie
Succeeded byPaskah Suzetta
Personal details
BornSri Mulyani Indrawati
(1962-08-26) 26 August 1962
Tanjung Karang
(now Bandar Lampung), Indonesia
PartyIndependent
Spouse
Tonny Sumartono
(m. 1988)
EducationUniversity of Indonesia (S.E.)
University of Illinois, Urbana-Champaign (MS, PhD)
Scientific career
FieldsPublic finance
Institutions
ThesisMeasuring the labor supply effect of income taxation using a life-cycle labor supply model: A case of Indonesia (1992)
Doctoral advisorJane 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.