00:02Indonesia's outgoing finance minister, Purbaya Yudisadewa, handed over the post to Suahasil
00:07Nazara on Tuesday following his dismissal by President Prabowo Subianto amid efforts
00:13to restore investor confidence.
00:16Suahasil, a former academic and deputy finance minister since 2019, is the third person to
00:22hold the post under Prabowo.
00:24Purbaya's dismissal came just days after he marked one year as finance minister, as
00:29concerns over policymaking and fiscal management weighed on investor confidence.
00:34Purbaya was the second finance minister removed, having replaced Srimulyani Indrawati in September
00:40last year as the President pursued more aggressive pro-growth policies.
00:45Prabowo has been under tremendous pressure since taking office in October 2024 over violent
00:51public protests that damaged public facilities and commercial premises and saw the looting
00:57of homes.
00:57The protests expanded from the streets to residences belonging to several politicians and government
01:03officials targeted for their comments on the issues on lawmakers' pay, education funding,
01:08and the government's free school meals program.
01:13Protestors broke into a lawmaker's houses in Jakarta and Bandung and looted the belongings
01:18from the premises, while Srimulyani Indrawati's house in Java was also not spared by looters.
01:27Indonesian political parties have agreed to revoke a number of perks and privileges for lawmakers
01:32in a concession to the protesters.
01:35Prabowo launched the multi-billion dollar free meal program last year to improve children's
01:40nutrition, but the costly scheme has been dogged by allegations of corruption, leadership changes,
01:46and a spate of mass food poisoning outbreaks.
01:49Improper food storage and late delivery of cooked meals are often to blame for the food
01:54poisoning cases where another 777 students and teachers contracted in central Java after consuming
02:02the meals, bringing the total to more than 1,700 in just a week earlier this month.
02:08THE END
02:10THE END
02:18You
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