businessIndonesian President Prabowo Appoints Technocrat Suahasil Nazara as Finance Minister
Indonesian President Prabowo Subianto has appointed veteran economist Suahasil Nazara as the country's new Minister of Finance in a decisive cabinet reorganization. Suahasil, who served as Deputy Finance Minister since 2019, is widely seen as a fiscal technocrat positioned to maintain market confidence and defend the 3% statutory budget deficit ceiling.