{
  "id": 7576641,
  "title": "What VP Gibran's Support for the New Finance Minister Means for Markets",
  "url": "https://urgent.news/2026/09/15/what-vp-gibrans-support-for-the-new-finance-minister-means-for-markets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T15:05:59.000Z",
  "source": {
    "name": "Tempo.co English",
    "slug": "tempo-co-english",
    "url": "https://en.tempo.co/read/2119656/what-vp-gibrans-support-for-the-new-finance-minister-means-for-markets"
  },
  "original_language": "en",
  "account": "Vice President Gibran Rakabuming Raka's endorsement of Suahasil Nazara as Indonesia's new Finance Minister has bolstered market confidence, according to senior political analyst Boni Hargens. This backing signifies more than just internal cabinet approval, reflecting Gibran's belief in the new official's qualifications to manage the State Budget and enhance financial governance. The VP's statement, made during Suahasil's inauguration on September 14, 2026, occurred at a crucial time, providing political certainty to the market amid uncertainty following cabinet changes. Boni highlighted that such explicit support from the Vice President can mitigate negative speculation and sustain investor confidence—a crucial aspect in today's political-economic environment. Additionally, Gibran's call for society-wide support for President Prabowo Subianto's economic stability measures added weight to the message, emphasizing the government's unity and dedication to the nation's economic welfare. Suahasil, a seasoned economist with a rich history in fiscal policy, is seen as a pivotal figure in Indonesia's financial management. His appointment as Finance Minister is viewed as a strategic consolidation effort by President Prabowo to fortify his economic team for future global challenges. The market's response to Suahasil's appointment has been largely positive, with indicators such as the bond market and rupiah exchange rate showing relative stability. Analysts predict that this endorsement will further enhance foreign investor confidence in Indonesian financial instruments, bolstered by the administration's commitment to prudent yet innovative fiscal policies. Suahasil, who has served as Deputy Finance Minister since October 25, 2019, during the Onward Indonesia Cabinet, and previously under President Joko Widodo, officially assumed his new role under Presidential Decree Number 97P of 2026, issued on September 14, 2026. This marks his third tenure as Finance Minister, following the brief tenure of Purbaya Yudhi Sadewa, who held the position from September 8, 2025, until Suahasil's appointment.",
  "summary": "Boni Hargens said VP Gibran's support for Finance Minister Suahasil Nazara is boosting market sentiment over the cabinet reshuffle.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}