Prabowo Subianto has dismissed Purbaya Yudhi Sadewa and entrusted the Finance Ministry to Suahasil Nazara. A brutal change at the heart of a battle for Indonesia's economic credibility.
S&P Dow Jones Indices has ultimately kept Egypt in the emerging markets category. After the threat of a downgrade, this decision protects the international visibility of the Cairo Stock Exchange, without erasing the country's economic vulnerabilities.
Perry Warjiyo abruptly leaves his position as head of Bank Indonesia two years before the end of his term. In Southeast Asia's largest economy, this resignation opens a battle for confidence surrounding the rupiah, monetary independence, and the economic strategy of President Prabowo Subianto.
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