Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsEntering office just weeks before the 2026 state budget is to be passed into law, newly appointed Finance Minister Purbaya Yudhi Sadewa vows to make no major changes to the draft and to maintain fiscal discipline. He also said he would learn the ins and outs of his new post from his well-regarded predecessor, Sri Mulyani Indrawati.
Sri Mulyani’s farewell as finance minister comes at a turbulent time as widespread protests and riots over lawmakers’ allowances, injustice and police brutality shook the country in late August.
The central bank has announced a continuation of its burden-sharing scheme with the government and has purchased trillions of rupiah worth of government bonds this year, but an economist questions the legal basis for continuing a policy initially intended as a crisis response.
The House Budget Commit has green-lit the Finance Ministry's recommended SAL drawdown to shore up shortfalls as a result of earlier-than-expected fiscal pressures due to stuttering disbursement for the government's big-ticket flagship programs.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.