Key facts
- Suahasil Nazara has been appointed as Indonesia's new finance minister.
- Nazara replaces Purbaya Yudhi Sadewa, who was dismissed from the role.
- President Prabowo Subianto made the appointment.
- Nazara is an economist and had been vice finance minister since 2019.
- Nazara's priority is to run a credible state budget and maintain the fiscal deficit below 3% of GDP.
Indonesian President Prabowo Subianto has appointed Suahasil Nazara as the country's new finance minister, replacing Purbaya Yudhi Sadewa. Nazara, an economist who had been vice finance minister since 2019, takes over the position following Sadewa's dismissal. Reports indicate that Sadewa left a parliamentary hearing early before the change was announced. Nazara stated his priority is to run a credible state budget and maintain the fiscal deficit below 3% of GDP.