Indonesia Keeps 2026 Deficit Outlook
Indonesias new finance minister pledged fiscal policy continuity by keeping the 2026 budget deficit outlook unchanged. Suahasil Nazara aims to restore investor confidence following market worries.
Indonesia appointed Suahasil Nazara as its new finance minister on Friday, maintaining a 2026 budget deficit outlook of 2.85% of GDP. The move comes after President Prabowo Subianto dismissed his predecessor amid market concerns over fiscal discipline. Markets have reacted to rising state spending and foreign capital outflows over the past year.
