BREAKING NEWS - Kemenkeu Sambut Menteri Keuangan Baru Purbaya Yudhi Sadewa Pengganti Sri Mulyani

Summary

In this candid conversation, a government official discusses his plans to accelerate economic growth and optimize fiscal policies. Emphasizing efficiency and strategic use of existing systems, he shares insights from his extensive experience in both market and fiscal management. He addresses challenges in government spending, financial instruments, and market reactions while stressing collaboration with key political and economic figures. The dialogue reflects his commitment to making fiscal policy a driving force for the economy, ensuring healthy spending, and pursuing rapid, sustainable growth while learning from past experiences and optimizing existing structures for maximum impact.

Takeaways

• 😀 The speaker emphasizes the importance of accelerating economic growth and optimizing existing financial instruments to stimulate the economy.
• 😀 There is a focus on improving efficiency in both fiscal and financial sectors rather than introducing entirely new systems.
• 😀 The speaker has extensive experience in fiscal policy, having worked with past administrations, and is confident in providing effective fiscal guidance.
• 😀 Optimizing existing mechanisms and speeding up running systems is prioritized over replacing old systems with new ones.
• 😀 Collaboration and consulting with existing teams and experts are key strategies for implementing economic and fiscal policies.
• 😀 The speaker plans to ensure that fiscal health translates into productive spending that drives economic growth without destabilizing the financial system.
• 😀 Immediate economic measures are being considered, but the speaker acknowledges that results take time and emphasizes realistic expectations.
• 😀 The approach to leadership involves leveraging existing expertise, maintaining continuity, and avoiding unnecessary disruption in ongoing projects.
• 😀 Political support and collaboration with government members and agencies are crucial for smooth execution of policies, including the 2026 RAPBN process.
• 😀 The ultimate goal is to achieve optimal, fast, and sustainable economic growth, targeting higher percentages while addressing social concerns like employment.

Q & A

What is the main priority mentioned by the official for the economy?

The main priority is to turn the economy around and accelerate growth as quickly as possible by optimizing existing financial instruments and systems.

How does the official plan to approach fiscal policy?

The official aims to ensure fiscal policy is productive, maintaining fiscal health while optimizing spending to drive economic growth without destabilizing the financial system.

What is the official's approach to managing existing systems and institutions?

The official prefers optimizing and improving existing systems rather than dismantling or creating new ones, enhancing efficiency and performance of current operations.

What past experience does the official cite to demonstrate credibility?

The official has experience advising Presidents SBY and Jokowi, helping manage fiscal policies during the 2020-21 COVID crisis, and has been involved in fiscal and economic matters since 2008.

How does the official view market interactions?

The official has long-standing familiarity with markets since 2000, emphasizing collaboration with experienced team members and understanding market dynamics for effective decision-making.

What is the official's view on economic growth targets?

The official aims for the fastest possible growth, targeting around 6–8%, while noting that immediate achievement of such targets may not be feasible but is pursued as optimally as possible.

How will the transition of ministerial leadership affect the RAPBN 2026 process?

The official believes the process will continue smoothly and largely unchanged, as the Minister of Finance is a political position supported by established political cooperation.

What role does collaboration play in the official’s strategy?

Collaboration is key; the official relies on a team of trusted experts and maintains relationships with key political figures to implement policies effectively.

What challenges in government spending did the official highlight?

The official noted that government spending growth in the last two quarters was negative, which slowed the economy, emphasizing the need for productive fiscal measures.

How does the official address public concern about economic well-being?

The official believes that achieving higher economic growth will naturally improve employment and public welfare, reducing discontent and social unrest.

What philosophy does the official hold regarding leadership changes?

Instead of overhauling systems for the sake of new leadership, the official focuses on refining and optimizing current structures to achieve better outcomes.

What approach does the official plan for internal consolidation and team coordination?

The official plans to study messages from previous leadership, identify weaknesses, and work with team members to optimize fiscal incentives and overall economic strategy.