Palace Denies Finance Minister Purbaya's Resignation, Focuses on Economic Stability

The Presidential Palace, through Minister of State Secretary Prasetyo Hadi, has firmly denied circulating rumours about the resignation of Finance Minister Purbaya Yudhi Sadewa from the Red and White Cabinet. The government has confirmed there is currently no agenda or plan to replace the leader of the fiscal authority. Prasetyo Hadi stated that the government’s current focus is on strengthening synergy between economic institutions to maintain national stability, not on carrying out a cabinet reshuffle. “I think he also conveyed it this afternoon. There is no replacement plan,” Prasetyo said during a press briefing at the Presidential Palace complex in Jakarta on Thursday (4/6/2026). According to Prasetyo, dynamic global and domestic economic challenges demand more intensive coordination rather than discussions about replacing officials. The government is currently prioritising cooperation between the Ministry of Finance, Bank Indonesia (BI), and the Financial Services Authority (OJK). “What we actually need now is hard, intensive coordination between the Ministry of Finance, Bank Indonesia, the Financial Services Authority, and of course under the coordination of the Coordinating Ministry for Economic Affairs,” he added. Prior to the official statement from the Palace, Purbaya Yudhi Sadewa had also provided a brief clarification regarding the issue. Purbaya stressed that the news of his resignation was completely baseless. “Not true,” Purbaya said briefly when confirmed in Jakarta. The resignation issue surfaced after the Finance Minister attended a Plenary Session at the DPR RI concerning revisions to Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector (P2SK). However, with the confirmation from the Palace and the minister himself, speculation about instability within the government’s economic team has now been addressed. The government hopes the public will not be influenced by rumours that could disrupt market sentiment and will remain focused on ongoing national economic recovery and growth efforts.