Indonesia’s President Prabowo Replaces Finance Minister Sri Mulyani in Cabinet Reshuffle

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President Prabowo Subianto announces a significant cabinet reshuffle, replacing five key ministers, including long-serving Finance Minister Sri Mulyani, as part of a new strategic direction heading into 2026.

In a major political shift, President Prabowo Subianto of Indonesia announced a cabinet reshuffle on Monday, September 8, 2025, replacing five ministers in a move aimed at aligning government strategies with national goals for the upcoming fiscal year. Among the most notable changes was the replacement of Finance Minister Sri Mulyani Indrawati, who had been a prominent figure in Indonesia's economic landscape for years.

The decision to reshuffle the cabinet comes amid growing economic pressures and political realignment ahead of the year-end legislative planning. President Prabowo emphasized that the move was necessary to streamline national policy execution and improve public service delivery, particularly in the finance, infrastructure, and social welfare sectors.

Sri Mulyani’s departure marks the end of an era, as she was widely respected for her fiscal discipline, anti-corruption stance, and leadership during times of economic crisis. Her successor, whose profile reflects a technocratic and pragmatic approach, is expected to continue fiscal reform while adapting to Prabowo’s economic vision which emphasizes state-led development and increased investment in national defense and food security.

Political analysts see this reshuffle as both a strategic consolidation of power and a sign of shifting priorities within the administration. As Indonesia prepares for a new chapter under Prabowo’s leadership, the cabinet changes signal a potential reorientation of economic policy that may have regional and global implications.

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