The Sudden Axing of Indonesia's Finance Minister: A Stark Reminder of Presidential Power The sudden dismissal of Purbaya Yudhi Sadewa as Indonesian finance minister by a mid meeting phone call highlights the arbitrary nature of presidential power in Southeast Asia.
Such dismissals are not uncommon, but the manner in which this one was handled raises questions about accountability and transparency within Indonesia's government.
Sadewa's swift replacement by Suahasil Nazara sent shockwaves through financial markets, where investors were caught off guard by the sudden change.