Suahasil Nazara pledged to carry out his duties by upholding professional ethics and working to the best of his ability with a full sense of responsibility.

Jakarta, (Indonesia Window) – Indonesia’s President Prabowo Subianto inaugurated Suahasil Nazara as minister of finance, replacing Purbaya Yudhi Sadewa, during a reshuffle of the Red and White Cabinet at the State Palace in Jakarta on Monday (Sept. 14).

"Before taking the oath of office regarding your appointment as minister of finance of the Red and White Cabinet for the remainder of the 2024–2029 term, I must first ask you: are you willing to take the oath according to the Christian faith?" President Prabowo asked while administering the oath of office to Suahasil during the inauguration ceremony.  

"Before God, I pledge that I will remain loyal to the 1945 Constitution of the Republic of Indonesia and will strictly observe all laws and regulations in the fulfillment of my duty to the nation and the state," Suahasil said while reciting the oath after President Prabowo.

Infopublik.id noted that Purbaya had been appointed minister of finance in September 2025 to replace Sri Mulyani Indrawati. Prior to joining the Red and White Cabinet, Purbaya served as Chairman of the Board of Commissioners of the Indonesia Deposit Insurance Corporation.

Meanwhile, Suahasil is an economist and a Professor at the Faculty of Economics and Business, Universitas Indonesia (FEB UI). He was born in Jakarta on November 23, 1970, the Indonesian government's official news portal said.

Suahasil earned a Bachelor's degree in Economics from the University of Indonesia in 1994, followed by a Master of Science degree from Cornell University (USA) in 1997 and a PhD from the University of Illinois at Urbana-Champaign in 2003.

In government, Suahasil has served as the Policy Working Group Coordinator for the Secretariat of the National Team for the Acceleration of Poverty Reduction (TNP2K), a member of the National Economic Committee (KEN), and Head of the Fiscal Policy Agency (BKF) at the Ministry of Finance.

He was appointed Deputy Minister of Finance on October 25, 2019, and continued in this role under the subsequent government.

Reporting by Indonesia Window