Indonesia's newly inaugurated President Prabowo Subianto officially swore in his cabinet on Monday, marking a significant moment in the nation's political landscape. Analysts note that his cabinet reflects a continuity of the key policies of his predecessor, Joko "Jokowi" Widodo.
Prabowo's Promises
Taking office as Indonesia's eighth president, Prabowo delivered a passionate address to lawmakers, pledging to eradicate corruption and attain self-sufficiency in food and energy. His cabinet comprises 48 ministries, with over 100 ministers and deputies, signaling a robust administrative approach.
Key Appointments
Notable re-appointments include Sri Mulyani Indrawati as Finance Minister and Bahlil Lahadalia as Energy Minister. Under Prabowo, Sri Mulyani will oversee initiatives like providing free meals for approximately 20 million children, with an estimated first-year cost of 71 trillion rupiah ($4.60 billion). This initiative aims to maintain the annual fiscal deficit within the legislated ceiling of 3% of gross domestic product.
Continuity in Leadership
Other significant reappointments are Airlangga Hartarto as Chief Economic Minister and Erick Thohir as the Minister of State-Owned Enterprises. These choices reflect Prabowo's intent to continue Jokowi's economic policies, providing him with political stability and continuity, as noted by analyst Burhanuddin Muhtadi.
Cabinet Restructuring
While Prabowo's cabinet preserves many familiar faces, it also introduces changes. Ministries have been restructured, with separate ministries for education and culture, as well as environment and forestry.
Conclusion
Before the swearing-in, Prabowo met with Chinese Vice President Han Zheng, highlighting Indonesia's diplomatic engagement. This new administration is poised to continue Indonesia's path of development, blending continuity with fresh approaches.


South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



