Indonesia’s Third Finance Minister In Two Years Faces Steep Fiscal Credibility Test
Indonesia has appointed its third finance minister in two years, intensifying investor scrutiny over the fiscal direction of Southeast Asia’s largest economy. President Prabowo Subianto fired Finance Minister Purbaya Yudhi Sadewa on Monday, replacing him with deputy Suahasil Nazara, who was sworn in within hours of Purbaya’s dismissal. The cabinet reshuffle arrives weeks after Bank…