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finance-minister

Analysis: Purbaya emerges as Prabowo's trusted hand in managing state finances

Opinion 4 months ago

PREMIUM
Analysis: Purbaya emerges as Prabowo's trusted hand in managing state finances

President Prabowo Subianto appears to have found in Finance Minister Purbaya Yudhi Sadewa a trusted figure capable of managing Indonesia's state finances with both discipline and political loyalty. In just a few months on the job, Purbaya has shown a willingness to take on elite power brokers, both within the government and from circles close to former president Joko "Jokowi" Widodo, without losing sight of President Prabowo's populist agenda.

Thrift sellers, shoppers lament planned crackdown on secondhand imports

Society 4 months ago

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Thrift sellers, shoppers lament planned crackdown on secondhand imports

If the government fully enforces the ban, the move may hurt the income of hundreds of sellers of imported used clothes across Jakarta and prevent customers from buying affordable attire, according to thrift sellers and customers at Senen Market.

Purbaya blames vendor, plans to fix Coretax for next year

Tech 4 months ago

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Purbaya blames vendor, plans to fix Coretax for next year

The Finance Ministry seeks to fix software bugs and faulty infrastructure in its new online tax system in time for next year’s filing season to prevent a repeat of complaints and delays experienced earlier this year.

Mixed reaction as Purbaya delays e-commerce tax

Regulations 5 months ago

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Mixed reaction as Purbaya delays e-commerce tax

The finance minister plans to postpone enforcing a withholding tax on e-commerce transactions, but not everyone is on board with that decision.

Purbaya hits out at plan to ‘return’ idle meal funds

Economy 5 months ago

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Purbaya hits out at plan to ‘return’ idle meal funds

The finance minister said the funds have not been allocated yet, so there was no real money to be returned, while urging better absorption in the free meals program.

Long live the governors, regional voice and resilience

Academia 5 months ago

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Long live the governors, regional voice and resilience

The governors’ challenge to the regional transfer fund cuts reflects a deeper call for participation in shaping the fiscal framework that defines their capacity to govern.

Regional dissent boils over as fiscal transfer cuts bite

Regulations 5 months ago

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Regional dissent boils over as fiscal transfer cuts bite

Experts say the move contradicts President Prabowo Subianto’s promise of greater regional autonomy and risks fueling political tensions if not carefully managed.

Govt nets $423m in tax blitz, targets $3.6b by year-end

Economy 5 months ago

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Govt nets $423m in tax blitz, targets $3.6b by year-end

This aggressive stance comes as tax revenues have reached only 54.7 percent of the annual target in August and contracted 5.1 percent year-on-year.

Governors press finance minister to reconsider regional budget cuts

Regulations 5 months ago

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Governors press finance minister to reconsider regional budget cuts

Governors have urged Finance Minister Purbaya Yudhi Sadewa to reconsider sharp cuts to regional transfer funds, warning the move would strain local budgets and may stall infrastructure projects, with smaller, low-revenue regions being hit hardest.

Finance minister insists on cutting budget for free meals program

Regulations 5 months ago

PREMIUM
Finance minister insists on cutting budget for free meals program

Finance Minister Purbaya Yudhi Sadewa has insisted on cutting the state budget allocation for the free nutritious meal (MBG) program if spending on the flagship initiative remains slow.

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