Indonesia's New Finance Minister Told to Protect State Finances

Indonesia's newly appointed finance minister, Suahazil Nazara, said on Monday that President Prabowo Subianto has directed him to protect the health and credibility of the country's state finances.

Speaking after his inauguration ceremony, Nazara said he was informed only on Monday morning that he would be taking up the finance portfolio. He described the instruction from the president as a clear mandate to maintain the integrity of Indonesia's fiscal management.

The remarks came shortly after he was sworn into office, marking the start of his tenure at the helm of Southeast Asia's largest economy. Nazara did not elaborate on specific policy measures, but his comments signal continuity in the government's emphasis on fiscal discipline.

The finance ministry plays a central role in managing Indonesia's budget, revenue collection and public debt, making the position one of the most closely watched in the cabinet. President Prabowo's administration has signalled that sound fiscal management remains a priority as the country navigates global economic uncertainties.

Nazara's appointment takes effect immediately, and he is expected to outline his priorities in the coming days.