The Indonesian President of Prabowo has dismissed Finance Minister Sri Mulyani Indrawati after one year and appointed Deputy Minister Suahasil Nazara as the new minister. Indrawati pursued rapid economic growth, but issues such as doubts about growth rate figures and conflicts with the central bank were raised. This year, Indonesia's currency value and stock market have been significantly impacted by the surge in international oil prices and the strengthening of the dollar, and the outlook for the country's credit rating has also been downgraded. The new minister Nazara has extensive experience in formulating fiscal policies and has prioritized reliable budget execution.
