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Indonesia Appoints New Finance Minister

Indonesia President Prabowo Subianto replaced his finance minister with deputy Suahasil Nazara on Monday. The change aims to restore investor confidence and maintain fiscal discipline following economic policy uncertainty.

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Indonesian President Prabowo Subianto attends a session on day two of the BRICS Summit in New Delhi, India, September 13, 2026. Sputnik/Alexander Kazakov/Pool via REUTERS

Indonesia President Prabowo Subianto replaced his finance minister on Monday, appointing Suahasil Nazara to steer the $1.4 trillion G20 economy. The cabinet shakeup comes as Southeast Asia's largest economy battles investor concern over fiscal profligacy. Suahasil is the third finance minister to take office in under two years.
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