00:00Indonesian President Prabowo Subianto has sacked his finance minister in his latest cabinet shake-up.
00:07Purbaya Yudi Sadewa had been in the job for just over a year.
00:11He has now been replaced by his deputy Swahasin Nazara.
00:16During his year in office, Purbaya pushed a more growth-focused approach to fiscal policy.
00:21He moved about US$12 billion of government cash from the central bank to state-owned banks,
00:27aiming to boost lending and economic activity.
00:30His approach created tension between his ministry and monetary authorities.
00:35Nazara takes charge as Prabowo's government prepares the 2027 state budget.
00:40The country's budget deficit is expected to reach 2.85% of GDP this year, just below the legal limit
00:47of 3%.
00:47That leaves the new finance minister with a delicate balancing act supporting Prabowo's growth agenda
00:53while maintaining confidence in Indonesia's public finances.
01:00theúcereac Somp width as fiancouchs of Moses
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