The Indonesian government removed finance minister Sri Mulyani Indrawati in a cabinet reshuffle on Monday, state secretariat minister Prasetyo Hadi said.
Purbaya Yudhi Sadewa, the head of the Indonesia Deposit Insurance Corporation, has been appointed as the country's new finance minister, replacing Sri Mulyani.
Sri Mulyani is one of Indonesia's longest-serving finance ministers and has worked under three presidents. She won plaudits for reforming the taxation system and for her role in steering Southeast Asia's largest economy through several crises, including the pandemic and the global financial crisis.
In between her first and second stints as finance minister, she served as a managing director of the World Bank.
The main stock index erased earlier gains to trade 1% lower as of 0848 GMT. The rupiah was little changed after the announcement, having been up around 0.7% against the dollar during the day.
The announcement came after two weeks of protests and unrest across the country, which have included calls for a fairer taxation system.
During some of the protests in late August, looters broke into Sri Mulyani's home.
Denmark announced on Sunday that it was banning civilian drone flights after sightings of drones near several military facilities overnight, following...
British Prime Minister Keir Starmer on Sunday called on his Labour Party to stop “navel gazing” and to unite against Reform UK, accusing the risin...
U.S. President Donald Trump said on Sunday there was “a real chance for greatness in the Middle East”, though he offered no concrete details or ti...
South Korean President Lee Jae Myung has vowed a “significant improvement” in the security of government administrative systems after a major fire...
The Kremlin on Sunday dismissed warnings from Ukrainian President Volodymyr Zelenskyy that Russian officials should familiarise themselves with bomb s...
Denmark announced on Sunday that it was banning civilian drone flights after sightings of drones near several military facilities overnight, following a week in which drone activity forced the temporary closure of a number of Danish airports.
British Prime Minister Keir Starmer on Sunday called on his Labour Party to stop “navel gazing” and to unite against Reform UK, accusing the rising populist party of pursuing a “racist policy” of mass deportation if it came to power.
U.S. President Donald Trump said on Sunday there was “a real chance for greatness in the Middle East”, though he offered no concrete details or timeline, just days after claiming he was close to securing an agreement to end the conflict in Gaza.
South Korean President Lee Jae Myung has vowed a “significant improvement” in the security of government administrative systems after a major fire at the national data centre brought online services across the country to a halt.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Denmark announced on Sunday that it was banning civilian drone flights after sightings of drones near several military facilities overnight, following a week in which drone activity forced the temporary closure of a number of Danish airports.
British Prime Minister Keir Starmer on Sunday called on his Labour Party to stop “navel gazing” and to unite against Reform UK, accusing the rising populist party of pursuing a “racist policy” of mass deportation if it came to power.
U.S. President Donald Trump said on Sunday there was “a real chance for greatness in the Middle East”, though he offered no concrete details or timeline, just days after claiming he was close to securing an agreement to end the conflict in Gaza.
South Korean President Lee Jae Myung has vowed a “significant improvement” in the security of government administrative systems after a major fire at the national data centre brought online services across the country to a halt.
The Kremlin on Sunday dismissed warnings from Ukrainian President Volodymyr Zelenskyy that Russian officials should familiarise themselves with bomb shelters, saying Kyiv was losing the conflict and that its negotiating position was weakening.
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