TEMPO.CO, Jakarta – Indonesia’s current economy is strong enough to withstand pressure from the global economic turmoil, said Finance Minister Purbaya Yudhi, while urging the public not to worry about the impact of the US-Israel war against Iran. “No need to be afraid, friends, as we are able to control the negative impacts thanks to our … Read more
TEMPO.CO, Jakarta – Finance Minister Purbaya Yudhi Sadewa still recalls his conversation with Lucian Despoiu, founder and Chief Executive Officer (CEO) of Majoritas, at the Finance Ministry office in Jakarta in mid-October 2025. Before Purbaya, the man from Bucharest, Romania’s capital, laid out the results of surveys conducted by his firm. There were many surveys in Despoiu’s presentation. … Read more
TEMPO.CO, Jakarta – Finance Minister Purbaya Yudhi Sadewa announced that he will allocate Rp100 billion to the University of Indonesia (UI) through the Education Fund Management Institute (LPDP). He made the announcement during his keynote speech at the Graduation Ceremony for UI Undergraduate and Vocational Programs for the 2025/2026 Academic Year at Balairung, UI Campus, Depok, on … Read more
TEMPO.CO, Jakarta – Gibran Rakabuming Raka, Indonesia’s current vice president, is the leading candidate for vice president in early polls ahead of Indonesia’s 2029 presidential election, according to a survey by public policy and political consulting firm Indekstat. He outperformed several prominent figures listed in the nationwide survey. Saiful Muhjab, Head of Politics at Indekstat Indonesia, … Read more
TEMPO.CO, Jakarta – Finance Minister Purbaya Yudhi Sadewa admitted there is no exact figure for the ideal tax ratio for the 2026 State Budget. According to him, Indonesia’s tax structure has high rigidity, making it difficult to change the tax ratio quickly. “It’s hard to determine the ideal figure, I don’t know,” said Purbaya when met in Jakarta, … Read more
TEMPO.CO, Jakarta – Indonesian Finance Minister Purbaya Yudhi Sadewa has instructed senior officials within the Ministry of Finance to take full responsibility for overseeing their subordinates, warning that leadership rotations will be enforced if corruption cases emerge under their watch. Purbaya said leaders must be prepared to be replaced if their subordinates are implicated in corruption, … Read more
TEMPO.CO, Jakarta – Indonesian Minister of Finance Purbaya Yudhi Sadewa inaugurated 27 primary high-ranking officials (echelon II) at the Ministry of Finance on Wednesday, January 28, 2026. The inauguration took place at the Djuanda Hall, Ministry of Finance office, Jakarta. “I, as the Minister of Finance, hereby officially inaugurate you all into your new positions within the … Read more
TEMPO.CO, Jakarta – The Indonesian government is moving to establish a National Committee for High-Speed Rail, Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono (AHY) said on Tuesday, following a meeting with Finance Minister Purbaya Yudhi Sadewa. AHY said the committee will be tasked with addressing financial and structural issues related to the … Read more