Sheikh Mohammed Bin Rashid Al Maktoum presented the award to Indrawati, who beat seven other nominees from around the world.
PHOTO BY SUPPLIED
DUBAI – The world’s best minister is from Indonesia and has championed initiatives that helped create more jobs and combat poverty.
Indonesian Finance Minister Sri Mulyani Indrawati was honoured as the “Best Minister in the World” at the World Government Summit in Dubai.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, presented the award to Indrawati, who beat seven other nominees from around the world.
A jury of international experts and key figure representatives of international organisations and the private sector chose the winner based on a set of criteria that included social and economic impact, scalability, innovation and leadership.
Indrawati has served as the Minister of Finance since 2016, for her second term in office, after first holding the post from 2005 to 2010.
Before her appointment as Indonesia’s Minister of Finance for the second term, she was the Managing Director and Chief Operating Officer of the World Bank Group.
During her terms as Indonesia’s Minister of Finance, Indrawati has introduced several initiatives aimed at combating poverty, closing social gaps by creating more job opportunities.
She encouraged enhance life standards by promoting private businesses. The tax exemption programme led by Indrawati is one of the most successful government programmes and provides example of how governments can overcome challenges with tax collection.
On economic level, Indrawati led efforts that helped improve Indonesia’s ranking by Standard and Poor’s, a step that boosted an enhanced positive prospective about investment atmosphere there, leading to remarkable increase in local and foreign investment flows in her country.
Through the ultra-micro credit programme, Indonesia’s Minister of Finance managed to encourage and enable startup companies to grow.
During her first term in office as Minister of Finance, Indrawati succeeded in reducing her country’s debts by 50 percent and increased Indonesia’s foreign currency reserves to a record of $50 billion. JMYDS/Expat Media
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