Jakarta, April 10 -- Finance Minister Sri Mulyani Indrawati has pledged to pursue deregulation, or the simplification of existing rules, in the fiscal sector to shield Indonesia from "global economic turbulence."

In her Instagram post, cited on Thursday, she noted that this approach aligns with the economic directives issued by President Prabowo Subianto to his aides in the Red and White Cabinet.

Indrawati emphasized that the president had urged his ministers to streamline regulations and shorten bureaucratic processes for businesses.

The minister explained that such simplification is essential to help businesses weather economic uncertainties currently affecting the international community.

The minister further noted that the governm...