Sri Mulyani Key to Smooth Transition from Jokowi to Prabowo Administration
Jakarta. The Finance Ministry holds a key role during the transition from the Joko "Jokowi" Widodo-Ma'ruf Amin administration to the Prabowo Subianto-Gibran Rakabuming Raka administration, according to Mudiyati Rahmatunnisa, a political analyst from Universitas Padjajaran.
"In the transitional period from President Jokowi's administration, ending on October 20, to President Prabowo's administration, I believe the most critical institution is the Finance Ministry," Mudiyati told Beritasatu.com on Wednesday.
Mudiyati explained that the ministry is vital as it manages the state budget (APBN) and allocates funds across ministries. She added that the ministry would need to make adjustments ahead of Prabowo's administration.
According to Mudiyati, these tasks present significant challenges for Finance Minister Sri Mulyani. The former World Bank managing director must ensure the budget cycle remains uninterrupted and begin adjusting budget allocations to accommodate Prabowo-Gibran's programs for the upcoming year.
"The role of Finance Minister Sri Mulyani is central. Synchronizing budget allocations, especially for ongoing programs that still require attention, is crucial. Next year, the implementation of Prabowo's government programs, which are part of his political promises, will need to be facilitated," Mudiyati explained.
Mudiyati noted that the adjustment efforts have already begun, as evidenced by the Synchronization Task Force formed by Prabowo, which met with Sri Mulyani in late May. The task force's role includes coordinating with various institutions within the current Jokowi-Ma'ruf administration.
Mudiyati is confident that the ministry has started working on the budget to accommodate Prabowo-Gibran's political promises, including the free lunch program and the continuation of the Nusantara Capital City (IKN) project.
"Among the central and well-known political promises of Prabowo is the free lunch program, which must be supported by the state budget," Mudiyati added.
Sri Mulyani emphasized the importance of communication with the incoming administration to ensure continuity in development. This approach aims to ensure that Prabowo-Gibran's priority programs receive adequate funding.
"The new government's programs and priorities should continue without delay," Sri Mulyani stated in May.
President-elect Prabowo Subianto recently affirmed that he has no plans to raise the 3 percent budget deficit cap to fund his flagship free lunch program for schoolchildren. Finance Minister Sri Mulyani confirmed that the current government intends to maintain this 3 percent cap in the 2025 state budget.
The proposed budget for the program is approximately Rp 15,000 ($1) per child per day, excluding milk provision. The initiative aims to cover around 82.9 million students gradually until 2029, with an estimated total budget of Rp 400 trillion ($25.5 billion).
Tags: Keywords:Related Articles
Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Books on Prabowo's Ideas Distributed Free at Jakarta Car-Free Day
Prabowo, who took office on Oct. 20, 2024, will mark the second anniversary of his presidency on Tuesday.Two Years Into Prabowo Presidency, Infrastructure Takes Back Seat
Prabowo’s social spending push raises concerns over infrastructure delays and uneven growth beyond Java.Prabowo, Egypt’s Sisi Talk Trade Pact for $5 Billion Commerce
Egypt's Sisi tells Prabowo that he wants to see annual trade to reach $5 billion by 2030 as Jakarta seeks tariff deals.Egypt's Sisi Arrives in Indonesia for Talks With Prabowo
Egyptian President Abdel Fattah el-Sisi arrives in Indonesia for talks with Prabowo Subianto to strengthen strategic ties.Prabowo to Launch Indonesia’s First Electric Vehicle Battery Export
Indonesia is set to export its first electric vehicle batteries as Prabowo launches a $10.2 billion industrial program.Bahlil Signals More Ministries May Join New Downstream Coordination
Bahlil signals one or two more ministries could join the new downstream coordination, with the Industry Ministry among those considered.Prabowo to Inaugurate Six New Military Commands on TNI Anniversary
Prabowo will inaugurate six new military commands and dozens of other units as Indonesia’s TNI marks its 81st anniversary.Big Spending, Limited Revenue: Economists Question Prabowo’s Economic Strategy
Prabowo’s flagship programs face scrutiny as rising spending, weak job creation and deindustrialization threaten Indonesia’s growth.Breaking: Prabowo Reportedly Set to Reshuffle Energy, Foreign Affairs Ministerial Posts
Prabowo reshuffles energy and foreign affairs portfolios as Bahlil and Sugiono are set for new roles in his seventh cabinet reshuffle.The Latest
UN Boss Commends Indonesian Forest Protection Despite Persistent Haze Problem
Outgoing UN boss António Guterres' comment comes at an ironic time amid Indonesia's struggle with forest fires.Indonesia Must Benefit Most From Its Minerals: UN Chief
Outgoing UN chief António Guterres says that Indonesia must "retain a far greater share of the economic value" from its minerals.Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.Most Popular
