Born in Tanjung Karang, Lampung, Indonesia on August 26, 1962, Sri Mulyani Indrawati earned her bachelor’s degree in Economics from University of Indonesia (1986). She then continued her studies in University of Illinois at Urbana-Champaign, United States and earned her Ph.D. in Economics (1992).
As a specialist in public finance, fiscal policy and labor economics, she was chosen as the Executive Director at the International Monetary Fund from 2002 to 2004. In October 2004, she received her first cabinet appointment as Indonesia’s Minister of Development Planning. In December 2005, she started new post as the Minister of Finance. She was then appointed as the Managing Director and Chief Operating Officer of the World Bank in June 2010. In July 2016, she came back to Indonesian public service as Minister of Finance. In February 2018, she was awarded as the “Best Minister in the World” at the World Government Summit in Dubai. On October 23, 2019, Sri Mulyani Indrawati was reappointed as Minister of Finance in the second term cabinet of President Joko Widodo. In October 2020, she received an award from the Global Markets magazine as the Finance Minister of the Year for East Asia Pacific in recognition of her efforts in handling COVID-19 pandemic in Indonesia.