Tag: Rainy Day Funds
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Brash but popular: Indonesia’s new finance minister Purbaya draws praise and wary glances from investors
Introduction: A high-profile arrival at Indonesia’s finance helm Two months into his term as Indonesia’s finance minister, Purbaya Yudhi Sadewa has become one of the country’s most talked-about economic figures. His tenure has been marked by audacious policy shifts intended to stimulate growth and restore momentum to a post-pandemic economy. The public has responded with…
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Brash but Popular: Indonesia’s New Finance Minister Wins Praise While Investors Worry
Introduction: A Bold Entrance Two months into his tenure, Purbaya Yudhi Sadewa, Indonesia’s new finance minister, has become a focal point of both public admiration and investor caution. His tenure began with a series of bold moves aimed at rethinking the country’s fiscal stance, drawing praise from citizens and sparking concern among some market participants.…
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Brash but Popular: Indonesia’s New Finance Minister Purbaya Wins Praise While Spurring Investor Worries
Introduction: A Bold Arrival Two months into his tenure, Purbaya Yudhi Sadewa has become a focal point in Indonesia’s policy debate. His rapid policy shifts and outspoken style have earned him widespread domestic praise while triggering caution in financial markets. As the country wrestles with slower growth and inflation pressures, the new finance minister’s approach…