Indonesia’s Deputy Speaker Denies Finance Minister Stepping Down
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Indonesia denied that veteran Finance Minister Sri Mulyani Indrawati is resigning, moving to calm investors after the biggest slump in stocks in more than a decade.
“I assure you that Sri Mulyani is not stepping down and our fiscal position is strong,” Indonesia Parliament Deputy Speaker Sufmi Dasco Ahmad said, as officials held a briefing at the stock exchange on Tuesday. Dasco, a senior politician in President Prabowo Subianto’s Gerindra party, was responding to questions on whether the stocks decline was due to rumors of Indrawati’s departure.