Indonesia’s New Finance Chief May Recast Predecessor’s Budget

Indonesia's new finance minister, Sri Mulyani Indrawati, has announced plans to review the country's draft 2026 budget and the fiscal deficit target set by her predecessor. This move comes just three days into her new role, highlighting her commitment to President Prabowo Subianto's growth agenda. The review of the budget and deficit target aims to align them with the government's economic priorities, which are expected to focus on boosting investment, infrastructure development, and job creation. Indrawati's decision to reassess the budget reflects her determination to ensure that the government's fiscal policies support the president's growth agenda. The review process will likely involve consultations with various stakeholders, including government agencies, businesses, and economic experts. The outcome of the review may result in changes to the budget and deficit target, potentially signaling a shift in the government's economic strategy under the new finance minister's leadership.