Indonesia Names Nazara Finance Minister Following Purbaya Dismissal
Indonesia appointed Nazara as finance minister on Sept. 16, 2026, swearing him in hours after the dismissal of predecessor Purbaya.
JAKARTA — Indonesia appointed Nazara as finance minister on Sept. 16, 2026, swearing him in hours after the dismissal of his predecessor, Purbaya, according to reporting from CNBC.
Strategic Context
Nazara assumes the position after serving seven years as Indonesia's deputy finance minister, providing administrative continuity within the ministry.
Prior to his appointment as deputy finance minister, Nazara led the ministry's fiscal policy agency from 2015 to 2019.
Forward Outlook
Nazara takes charge of the finance ministry immediately following Purbaya's exit, stepping into the role with a decade of direct experience across Indonesia's fiscal policy agency and deputy leadership.
Elena Vasquez
Senior Markets Correspondent
Covers Treasuries, the dollar, and the policy signals that reprice risk assets.