Exclusives | Asia

Respected Indonesian finance minister got an hour’s notice of sacking 

10 September 2025, 12:18 pm
1 min read
Indonesia's outgoing Finance Minister Sri Mulyani Indrawati delivers her speech during a handover ceremony at the Finance Ministry in Jakarta, Indonesia, September 9, 2025. REUTERS/Willy Kurniawan

Indonesia’s Finance Minister Sri Mulyani Indrawati was chairing a meeting with top ministry officials when she received a call from President Prabowo Subianto’s office informing her she would be replaced within an hour, two sources said, underscoring the abruptness of the longtime finance czar’s sacking. 

Why it matters 

Sri Mulyani, known for her cautious steering of Southeast Asia’s largest economy that won the confidence of markets, was widely regarded as one of the few checks on Prabowo’s big growth and spending promises that had unnerved many investors. 

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