President Prabowo Subianto has officially reshuffled his cabinet, including a high-profile change in the Ministry of Finance. The move was confirmed by Minister of State Secretary Prasetyo Hadi during a press conference.

“The President has decided to make changes to the composition of the Red and White Cabinet in several ministerial positions,” said Prasetyo.

Alongside the Ministry of Finance, reshuffles were also announced for the Coordinating Ministry for Political and Security Affairs, the Ministry of Protection for Indonesian Migrant Workers, the Ministry of Cooperatives, and the Ministry of Youth and Sports.

Sri Mulyani Replaced After Years of Service

Sri Mulyani Indrawati has been removed from her role as Indonesia’s Minister of Finance. She had long been a central figure in the nation's fiscal management.

On Monday, September 8, 2025, a presidential decree formalized her replacement: “Purbaya Yudhi Sadewa as Minister of Finance,” stated Presidential Decree Number 86 of 2025.

Purbaya Yudhi Sadewa Appointed as New Finance Minister

Purbaya Yudhi Sadewa, who was previously Chairman of the Board of Commissioners at the Indonesia Deposit Insurance Corporation (LPS), has been appointed to lead the Ministry of Finance. His term at LPS was scheduled to end later this year.

Purbaya was sworn in at the State Palace along with several other newly appointed ministers.

Other New Cabinet Members Also Sworn In

Alongside Purbaya, new ministers were installed for key positions: the Coordinating Ministry for Political and Security Affairs, the Ministry of Protection for Indonesian Migrant Workers, the Ministry of Cooperatives, and the Ministry of Youth and Sports.

Names circulating as potential cabinet additions included Purbaya Yudhi Sadewa, Golkar Party politician Mukhtarudin, and Mochamad Irfan Yusuf.

Source:

https://www.cnbcindonesia.com/news/20250908153032-4-665052/reshuffle-kementerian-keuangan-mensesneg-sebut-sri-mulyani-diganti

https://www.cnbcindonesia.com/news/20250908155138-4-665063/sah-prabowo-tunjuk-purbaya-jadi-menteri-keuangan-ganti-sri-mulyani

PHOTO: SETPRES

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