Jakarta, Sept. 9 -- Indonesia's new Finance Minister Purbaya Yudhi Sadewa emphasized on Tuesday that he will not adopt fiscal policies that could trigger market turmoil.
His statement came in response to negative reactions from some market players following his appointment, replacing Sri Mulyani Indrawati.
"Clearly, we will not take any strange fiscal policies," Sadewa said at the Presidential Palace in Jakarta.
He added that existing policies will be optimized to accelerate economic growth and expressed hope the financial system will become more liquid to support government programs.
Sadewa noted he has not yet held in-depth strategy talks with his predecessor but maintains good communication. He said Indrawati has agreed to remain a...
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