Jakarta, cartitleloans Indonesia
–
President Prabowo Subianto appointed
Purbaya Yudhi Sadewa
become
Minister of Finance
, replace
Sri Mulyani
.
This was in accordance with Presidential Decree (Kepres) Number 86 of 2025.
“Appointed Purbaya Yudhi Sadewa as Minister of Finance,” said the Presidential Decree which was read at the State Palace on Monday (8/9).
A number of economists consider that there is a pile of homework that must be taken care of Purbaya as Minister of Finance of Sri Mulyani.
Indef Economist Fadhil Hasan said that anyone replacing Sri Mulyani would experience complicated and difficult fiscal problems.Regarding Purbaya, he considered to be a good economist and understood the problem.
“But he does not have experience directly managing fiscal and economy as a whole. So it can be said he is not the best choice,” he told
cartitleloansIndonesia.com.
He considered there was still a better choice to become the Minister of Finance.One of them was Wamenkeu Suahasil Nazara.
“Suahasil has experience, understand the ins and outs of the Ministry of Finance, so the policy can be more certain,” he said.
Meanwhile, the Head of the Macroeconomic and Financial Center of the Institute for Development of Economics and Finance (INDEF) M. Rizal Taufikurahman said the change of Sri Mulyani with Purbaya needs to be read in two dimensions, technology and politics.
From the technocratic side, Sri Mulyani is known as a symbol of fiscal discipline and credibility in the eyes of the global market, so that the replacement clearly brings the risk of perception, especially when the debt interest expense has penetrated Rp553 trillion per year, and the APBN deficit has the potential to widen due to large shopping programs.
“However, Purbaya is not an arbitrary figure. His background as Danareksa economist, cross -ministerial bureaucracy experience, and his leadership in LPS which succeeded in maintaining financial stability shows the capacity of his technocratic,” he said.
He said the challenge was that Purbaya must immediately prove that this transition was not a weakening of fiscal discipline, but rather adjusting the strategy to be more synchronous with the expansive President Prabowo’s agenda.
Rizal said that his critical thing was whether Purbaya was able to maintain a balance between the political demands of large spending with the need to maintain market credibility.
“If it is successful, this change can be considered appropriate in the context of political-fiscal synchronization, but if it fails, then the risk of weakening the rupiah, the surge in the SBN yield, and the decline in investor confidence can be a serious consequence for the economy,” he said.
[Gambas: cartitleloans video]
(Fby/PT)
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