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.


Australian Household Spending Dips in December as RBA Tightens Policy
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



