Indonesia Confirms Budget for BrahMos Missile Acquisition

Indonesia has sufficient budgetary capacity to procure the Indian BrahMos supersonic missile system, according to Finance Minister Purbaya Yudhi Sadewa. While the exact value of the contract remains undisclosed by both Jakarta and New Delhi, the Defense Ministry’s current annual allocation of Rp 187.1 trillion ($10.4 billion) provides the necessary financial headroom for such a … Read more

Palace Denies Rumors of Purbaya Leaving Cabinet

Palace Quells Cabinet Reshuffle Rumors Amid Rupiah Volatility The Indonesian government has officially moved to silence speculation regarding the tenure of Finance Minister Purbaya Yudhi Sadewa. On Thursday, June 4, 2026, State Secretary Minister Prasetyo Hadi dismissed reports that the Finance Minister was preparing to step down, confirming that there are no plans for a … Read more