Leadership Shake-up: Indonesia's Finance Minister Dismissed, Deputy Takes Helm

In a surprising move, President Prabowo Subianto of Indonesia has dismissed Finance Minister Purbaya Yudhi Sadewa and appointed Deputy Finance Minister Suahasil Nazara as his successor, according to an announcement from the presidential office on Monday.

The change in leadership comes as Nazara was present at the state palace for a swearing-in ceremony shortly after Sadewa exited a parliamentary hearing earlier that day. Nazara, who has held the role of deputy finance minister since 2019, is now set to steer Indonesia's financial policies during a time of economic challenges.

Source: www.scmp.com