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Indonesia finance minister denies resignation rumours amid stocks plunge


Published on 2025-03-19 06:00:51 - Reuters
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  • Indonesia's finance minister denied rumours of her imminent resignation and pledged to maintain fiscal discipline at a hurriedly called press conference announced after the country's benchmark index plunged to a multi-year low on Tuesday.

Indonesia's Finance Minister, Sri Mulyani Indrawati, has firmly denied rumors of her resignation amidst a significant drop in the country's stock market. The Jakarta Composite Index experienced a sharp decline, losing 2.2% in a single day, which was the largest drop in over a year. This downturn was triggered by concerns over the potential resignation of Indrawati, who has been instrumental in managing Indonesia's economic policies. She addressed the speculation directly, stating that she remains committed to her role and has no intention of stepping down. Her assurance comes at a critical time as the market reacts to political uncertainties and economic challenges, including the upcoming elections and global economic pressures.

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[ https://www.msn.com/en-us/money/markets/indonesia-finance-minister-denies-resignation-rumours-amid-stocks-plunge/ar-AA1Ba2BM ]