When Sri Mulyani Indrawati became Indonesia’s finance minister last July, returning to a job she held between 2005 and 2010, the country had missed its revenue target for seven years running. It was clear to her what the first order of business should be.
“She made sure our budget was credible,” Robert Pakpahan, Indonesia’s director general of budget financing and risk management, told FinanceAsia.
In particular, she emphasised improving the efficiency of tax collection, a crucial step in a country that has long struggled to get its wealthiest citizens to declare their assets.
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