Indonesia's President Prabowo removes finance minister, promotes deputy Nazara
Indonesia's President Prabowo Subianto removes Finance Minister Purbaya Yudhi Sadewa and promotes Deputy Finance Minister Suahasil Nazara to lead economic
Deputy Finance Minister Suahasil Nazara, who has held the second-ranking position since 2019, arrived at the state palace for a swearing-in ceremony alongside other senior officials.
Finance Minister Purbaya Yudhi Sadewa departed during a parliamentary hearing earlier the same day. The abrupt exit preceded the formal announcement of his replacement.
After taking the oath, Nazara said Prabowo had directed him to protect the health and credibility of state finances. The instruction signals the president's priorities as the new finance minister assumes control of economic policy in Southeast Asia's largest economy.
The reshuffle marks a significant change in Indonesia's economic leadership, with Nazara bringing more than five years of experience in the finance ministry to the minister's role.
Source: South China Morning Post
Frequently asked questions
Who is Indonesia's new finance minister?
Suahasil Nazara, who previously served as Deputy Finance Minister since 2019, was promoted to finance minister by President Prabowo Subianto.
Who was replaced as finance minister?
Purbaya Yudhi Sadewa departed as finance minister during a parliamentary hearing on the day of the reshuffle.
What is President Prabowo's directive to the new finance minister?
Prabowo directed Nazara to protect the health and credibility of state finances, signaling the president's economic priorities.
What is Nazara's background in the finance ministry?
Nazara brings more than five years of experience in the finance ministry to his new role as finance minister.
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