Indonesia Denies Finance Minister Exit Rumors, Urges 3 Agencies to Tighten Coordination
Updated
Updated · Bloomberg · Jun 5
Indonesia Denies Finance Minister Exit Rumors, Urges 3 Agencies to Tighten Coordination
2 articles · Updated · Bloomberg · Jun 5
Summary
Indonesia said late Thursday there are no plans to replace the finance minister, pushing back on rumors that had spread among market participants.
State Secretary Prasetyo Hadi delivered the denial and said the Finance Ministry, Bank Indonesia and the Financial Services Authority should tighten coordination.
The response directly addressed market chatter over a possible cabinet change, signaling the government wants to steady confidence and present a unified policy front.