Taxing times for Sri Mulyani | March 14, 2025

APBN not in a great place

Hello reader,

Sri Mulyani is not having the best of times, having to deal with resignation rumors, tax revenue decline, and now a troubling dataset regarding the state budget (APBN).

For an administration so bent on boosting economic growth, the early numbers this year do not convey hope. More on that below.

Have a fantastic weekend!

Cheers,

Andra

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