Indonesia's Defence Minister and President-elect Prabowo Subianto speaks at the Shangri-La Dialogue in Singapore June 1, 2024.JAKARTA — Indonesia's outgoing President Joko Widodo will appoint Thomas Djiwandono, the nephew of president-elect Prabowo Subianto and his adviser for fiscal issues, as a deputy finance minister later on Thursday , a senior politician said.
The appointment was intended "to smooth the transition of government from the administration of Mr. Jokowi to Mr. Prabowo," Dasco told Reuters, referring to the current president by his popular nickname. Financial markets have been paying close attention to Prabowo's pick for finance minister and his fiscal policy proposals after ratings agencies warned risks could rise due to his costly campaign promises, which include a flagship programme to provide free school meals.
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