Antara News·Indonesia·Monday, September 14, 2026 at 11:21 AM

New finance minister reassures markets, says no major policy shift

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Maria Galuh, Kuntum Khaira

Jakarta (ANTARA) - Indonesia's new Finance Minister Suahasil Nazara has urged capital market players not to worry about the change in finance minister, saying his appointment would not represent a major shift in the Finance Ministry's policy direction.

Nazara, who previously served as deputy finance minister, said his appointment by President Prabowo Subianto represented a continuation of policies and programs already underway at the Finance Ministry.

"In my view, this is not a change, but simply a continuation," he told reporters after his inauguration at the State Palace in Jakarta on Monday.

"I have been part of the Finance Ministry all this time, so we will continue working," he said.

Nazara stressed that the ministry would continue its efforts to safeguard state finances while making improvements to strengthen fiscal management.

Asked about the market's response to the change in finance minister, Nazara said investors would make their own assessments.

"Of course, we will see, but the market has its own logic," he said.

Nazara said Prabowo had instructed him to maintain the health and credibility of state finances, particularly the State Budget, known as the APBN.

The budget must remain sound and credible to support the government's priority programs, sustain economic growth and maintain economic stability, he said.

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