Indonesia's new finance minister faces fiscal, political tests

Sadewa will need to restore public trust while satisfying president and markets

20250909 Sadewa palace

Indonesia's newly appointed Finance Minister Purbaya Yudhi Sadewa waves to journalists following his inauguration in Jakarta on Sept. 8. © Reuters

ISMI DAMAYANTI and REZHA HADYAN

JAKARTA -- Purbaya Yudhi Sadewa, Indonesia's newly appointed finance minister, faces the challenges of rebuilding trust, both in domestic society and international financial markets, while maintaining fiscal discipline despite pressure from President Prabowo Subianto to fund his costly flagship programs that generate little immediate state revenue.

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