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[BUSINESS] · Indonesia · 31 sources

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Suahasil Nazara appointed Indonesia Minister of Finance

President Prabowo Subianto has officially appointed Suahasil Nazara as Indonesia’s new Minister of Finance, replacing Purbaya Yudhi Sadewa. The appointment, formalized through Presidential Decree Number 97/P of 2026, took place at the State Palace on Monday, September 14, 2026.

Suahasil Nazara, a seasoned technocrat and economist, has served as Deputy Minister of Finance since 2019 and previously led the Fiscal Policy Agency (BKF). Following his inauguration, Nazara emphasized his commitment to maintaining the health and credibility of the state budget (APBN) to support the President’s priority programs. He specifically noted the importance of fiscal discipline and managing the budget deficit within the 3% target.

The sudden removal of Purbaya Yudhi Sadewa follows a period of cabinet reshuffling. Market reactions to the transition have been relatively stable, with the Indonesia Composite Index (IHSG) seeing a slight increase of 0.10% following the announcement. Analysts suggest that Nazara’s extensive experience within the Ministry of Finance is likely to provide market reassurance regarding policy continuity and prudent fiscal management.

Entities

Indonesia · Indonesia Composite Index · Ministry of Finance · Ministry of Finance of Indonesia · Prabowo Subianto · Purbaya Yudhi Sadewa · Red and White Cabinet · Suahasil Nazara

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Sources

Prabowo Copot Purbaya Sadewa [www.sumutonline.com]
about 9 hours ago
about 7 hours ago
about 6 hours ago
about 9 hours ago
Indonesia Finance Minister [www.daytondailynews.com]
about 8 hours ago
about 7 hours ago