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2 clusters · 41 sources · 3 days · First seen · Last updated

Suahasil Nazara appointment as Indonesia Finance Minister

Overview

President Prabowo Subianto has officially appointed Suahasil Nazara as Indonesia’s new Minister of Finance, replacing Purbaya Yudhi Sadewa. The appointment, formalized via Presidential Decree Number 97/P of 2026, follows Purbaya’s dismissal after approximately one year in office.

Nazara, who has served as Deputy Minister of Finance since 2019 and previously headed the Fiscal Policy Agency, has pledged to prioritize the health and credibility of the state budget (APBN). He emphasized that the budget must remain a reliable instrument to support government priority national programs and drive economic growth, while committing to keep the budget deficit below the 3 percent target.

The transition has drawn immediate market attention. Following the announcement, the Indonesia Composite Index (IHSG) experienced initial volatility, opening slightly lower as investors monitored potential shifts in fiscal policy. While major banking stocks showed resilience, economists have identified immediate challenges for the new minister, specifically the management of the Excess Budget Balance (SAL) and ensuring fiscal policy predictability to maintain investor confidence.

Looking forward, Danantara CEO Rosan Roeslani indicated plans to coordinate with Nazara regarding a planned Rp120 trillion dividend deposit from Danantara to the state treasury for 2026. This coordination is seen as vital for balancing ambitious 6 percent growth targets against limited fiscal space.

Entities

Prabowo Subianto · Indonesia · Purbaya Yudhi Sadewa · Ministry of Finance · Suahasil Nazara

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. about 10 hours ago

    [POLITICS] 22 sources
    Suahasil Nazara appointed as Indonesia's new Finance Minister

    President Prabowo Subianto has appointed Suahasil Nazara as Indonesia's new Finance Minister, replacing Purbaya Yudhi Sadewa. Suahasil pledged to maintain a healthy and credible state budget (APBN).

  2. 2 days ago

    [BUSINESS] 31 sources
    Suahasil Nazara appointed Indonesia Minister of Finance

    President Prabowo Subianto has appointed Suahasil Nazara as Indonesia's new Minister of Finance, replacing Purbaya Yudhi Sadewa. Nazara, a veteran technocrat, aims to ensure fiscal discipline and budget health.

Sources

antaranews.com · asiainfonews.com · bisnis.liputan6.com · cedarnews.net · clovermedia.jp · cnbcindonesia.com · denpasar24.com · disway.id · ekbis.harianjogja.com · ekbis.sindonews.com · en.antaranews.com · gavroche-thailande.com · gelora.co · goodstats.id · harianjogja.com · indonesiamaritimenews.com · inews.id · jawapos.com · jpnn.com · katadata.co.id · m.jpnn.com · malang-post.com · medcom.id · mediaasuransinews.co.id · mediaindonesia.com · minanews.net · monticellolive.com · okezone.com · post-gazette.com · radarcirebon.id · republika.co.id · riaupos.co · riliskalimantan.com · rri.co.id · sothebys.com · sumutonline.com · thesun.my · toray.co.jp · ulasan.co · viva.co.id · wbiw.com

This summary has been updated 4 times: see revision history