The newly-appointed Indonesian Finance Minister vows to maintain fiscal discipline.

Indonesia's newly appointed finance minister promises to maintain fiscal discipline, while hinting at expanding government spending. Indonesia's new finance minister, Pulbaya, pledged to maintain fiscal discipline, but at the same time hinted that government spending under his tenure may exceed that of his predecessor. At the handover ceremony for the new and old finance ministers held in Jakarta on Tuesday, Pulbaya said, "I call on all employees of the finance ministry to join me in the battle, making fiscal policy a powerful tool for driving economic growth. We will adhere to the principles of fiscal discipline, ensuring that the national budget remains healthy and credible, thus supporting the various agendas of the country." On Monday afternoon, Indonesian President Prabowo suddenly announced the dismissal of Indrawati as finance minister. This move led to a decline in the Indonesian stock market and a weakening of the Indonesian rupiah.