# Suahasil Nazara appointment as Indonesia Finance Minister > Live situation record from CLSTR: https://clstr.news/situations/suahasil-nazara-appointment-as-indonesia-finance-minister > Updated: 2026-09-14T22:00:00.000Z. Sources: 41. Developments: 2. 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, covers the remainder of the 2024–2029 term. Nazara, who has served as Deputy Minister of Finance since 2019 and previously headed the Fiscal Policy Agency, is the third finance minister under the Prabowo administration, following Sri Mulyani Indrawati and Purbaya Yudhi Sadewa. Following his inauguration on September 14, 2026, Nazara 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. During the handover ceremony, Purbaya provided Nazara with an iPad containing essential performance reports and ministry tasks. 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, analysts and members of Commission XI of the DPR RI have expressed support for the appointment, noting Nazara’s extensive experience. 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 and managing the Excess Budget Balance (SAL). ## Claims - President Prabowo Subianto inaugurated Suahasil Nazara as the new Minister of Finance on September 14, 2026. (disputed by 10 sources) - Suahasil Nazara is the third finance minister under Prabowo Subianto, following Sri Mulyani Indrawati and Purbaya Yudhi Sadewa. (disputed by 2 sources) - Suahasil Nazara pledged to maintain the health and credibility of the State Budget (APBN). (corroborated by 7 sources) - Suahasil Nazara committed to keeping the state budget deficit below 3 percent. (corroborated by 3 sources) - Former Finance Minister Purbaya Yudhi Sadewa stated Danantara would deposit approximately Rp120 trillion for the 2026 state budget. (corroborated by 3 sources) - Danantara CEO Rosan Roeslani will coordinate with the new Finance Minister regarding dividend deposits to the state treasury. (corroborated by 2 sources) - Suahasil Nazara previously served as Deputy Finance Minister since 2019. (corroborated by 2 sources) - Purbaya Yudhi Sadewa handed over an iPad containing performance reports and tasks to Suahasil Nazara during the handover ceremony. (corroborated by 2 sources) - Economist Irman Faiz noted that managing the Excess Budget Balance (SAL) will be a short-term policy test for the new minister. (single source) ## Timeline ### 2026-09-14: Suahasil Nazara appointed as Indonesia's new Minister of Finance Suahasil Nazara has been appointed as Indonesia's new Minister of Finance, replacing Purbaya Yudhi Sadewa. Suahasil pledged to maintain a healthy and credible state budget to support national priorities. 22 sources. https://clstr.news/cluster/suahasil-nazara-appointed-as-indonesias-new-finance-minister ### 2026-09-12: 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. 31 sources. https://clstr.news/cluster/suahasil-nazara-appointed-as-indonesias-minister-of-finance --- Cite as: Suahasil Nazara appointment as Indonesia Finance Minister. CLSTR, https://clstr.news/situations/suahasil-nazara-appointment-as-indonesia-finance-minister