Suahasil Nazara appointed Indonesia Minister of Finance

President Prabowo Subianto has appointed Suahasil Nazara as the new Minister of Finance, replacing Purbaya Yudhi Sadewa following a cabinet reshuffle on September 14, 2026. Nazara, who previously served as Deputy Minister of Finance under both the Joko Widodo and Prabowo administrations, officially took over the position following a handover ceremony at the Ministry of Finance building.

The leadership change occurs during the deliberation of the 2027 State Budget (RAPBN). Economic academics and market observers are closely monitoring the transition to determine if the new minister will maintain the pro-growth trajectory established by Purbaya or implement new fiscal approaches. While experts suggest the change may cause short-term market sentiment fluctuations, they note that stability will depend on the government’s ability to provide certainty regarding fiscal continuity and macroeconomic management.