Indonesia's Prabowo replaces finance minister with deputy in cabinet reshuffle

President Prabowo Subianto dismissed Finance Minister Purbaya Yudhi Sadewa and appointed Deputy Finance Minister Suahasil Nazara as his replacement, a move that signals a potential shift in fiscal policy direction. The abrupt dismissal, occurring mid-hearing, suggests internal policy disagreements, though the new minister's continuity since 2019 may indicate policy stability. This matters as Indonesia's fiscal management is closely watched by investors.