Indonesia's Suahasil Nazara to Maintain KSSK Coordination on Economic Policy
Indonesia's new Finance Minister Suahasil Nazara will continue coordination with the KSSK to shape fiscal and economic policies.
Indonesian Finance Minister Suahasil Nazara intends to maintain collaboration with the Financial System Stability Committee (KSSK) when formulating future economic and fiscal policies. According to Nazara, this coordination is legally required, as stated during a press conference following his confirmation as Finance Minister in Jakarta on Tuesday, September 15, 2026.
The KSSK, composed of various financial institutions such as the Ministry of Finance, Bank Indonesia, Financial Services Authority, and the Indonesia Deposit Insurance Corporation, provides a holistic view of Indonesia's economic growth. Recent KSSK meetings have also included representatives from the Investment Management Agency and Danantara, bringing diverse perspectives on Indonesia's economic landscape.
Nazara emphasized that the involvement of multiple entities in KSSK meetings enhances the quality of outcomes, as it allows for a more comprehensive discussion of economic development aspects. The transition from Finance Minister Purbaya Yudhi Sadewa to Suahasil Nazara took place on Tuesday at the Ministry of Finance offices, following a brief inauguration ceremony at the State Palace on September 14, 2026.
Nazara is the third Finance Minister under President Prabowo Subianto's administration, succeeding Purbaya. Purbaya assumed office on September 8, 2025, replacing Sri Mulyani.
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