Indonesia Appoints New Finance Minister
Indonesia elevated Suahasil Nazara to finance minister following the departure of Purbaya Yudhi Sadewa. Analysts say the appointment will help restore market confidence and fiscal credibility.
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Indonesia elevated Suahasil Nazara to finance minister on Monday, replacing Purbaya Yudhi Sadewa to calm investor jitters. The transition arrives after months of policy friction and rating agency downgrades under the previous administration. Investors view the appointment as a stabilizing pivot for fiscal policy in Southeast Asia's largest economy.
