Indonesia New Finance Minister a Sign of Prudence, Analysts Say
The appointment of Suahasil Nazara as Indonesiaโs new finance minister signals the governmentโs recognition of its fiscal challenges, according to analysts.
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The appointment of Suahasil Nazara as Indonesiaโs new finance minister signals the governmentโs recognition of its fiscal challenges, according to analysts.
Indonesiaโs President Prabowo Subianto has sacked the finance minister and appointed the deputy โfinance minister as his replacement, the presidentโs office said on Monday. Deputy Finance Minister Suahasil Nazara was among the senior โ officials who arrived at the state โpalace for a swearing-in ceremony. Earlier on Monday, Finance Minister Purbaya โYudhi Sadewa had left in โ the โ middle of a parliamentary hearing. Suahasil Nazara โhad been deputy finance minister since 2019. He said โon Monday...
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