Indonesia’s Finance Minister Suahasil Nazara has delineated specific responsibilities for three newly appointed deputy finance ministers, aiming to enhance the country’s fiscal management and state budget oversight. This restructuring, guided by Presidential Decree No. 104P of 2026, assigns distinct areas of focus to each deputy while ensuring collaborative oversight of national financial strategies.
Deputy Finance Minister Juda Agung will concentrate on the financial sector, international affairs, and financing. Meanwhile, Nurkholisoh Ibnu Aman will handle state revenue, encompassing taxes, customs, excise duties, and non-tax revenue. Luky Alfirman is tasked with managing state expenditure, treasury operations, and transfers to regional governments. Despite these delineated roles, all four officials, including Minister Nazara, will work together on broader ministry management, organizational matters, human resources, and budget planning.
Nazara emphasized that the division of responsibilities is designed to improve focus and coordination among the deputies rather than limit their engagement to specific areas. This strategic allocation is expected to bolster fiscal administration as Indonesia works to optimize revenue collection, public spending, and regional funding.
In a related development, Indonesia’s state revenue reached approximately 2,341.5 trillion rupiah by the end of September 2026, marking a 25.5% increase compared to the same period last year. This figure represents 74.2% of the government’s revenue target for the year, highlighting the country’s ongoing efforts to strengthen its fiscal performance.
Deputy Finance Ministers Luky Alfirman and Nurkholisoh Ibnu Aman join Juda Agung in their roles to support Finance Minister Nazara. Alfirman brings extensive experience from his tenure as a senior Finance Ministry official, while Nurkholisoh leverages his background as an economist and researcher at Bank Indonesia.
With these new assignments, Indonesia aims to reinforce its economic strategies, ensuring that fiscal policies are effectively managed and adapted to meet the nation’s evolving economic needs.