No cabinet reshuffle planned for Finance Minister or BI Governor, says official

Minister of State Secretary Prasetyo Hadi has firmly stated that there are no plans for a cabinet reshuffle that would remove Finance Minister Purbaya Yudhi Sadewa or Bank Indonesia Governor Perry Warjiyo. Prasetyo, who also serves as President Prabowo Subianto's spokesperson, dismissed rumors of a reshuffle targeting the heads of economic institutions amidst the rupiah's depreciation as untrue.

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Who wants to replace them? Nobody wants to replace them.

"Who wants to replace them? Nobody wants to replace them," Prasetyo said at the House of Representatives building in Jakarta on Saturday, June 6, 2026. He, along with Purbaya and Warjiyo, had attended an economic condition evaluation meeting led by Deputy Speaker of the House Sufmi Dasco Ahmad. The meeting reportedly resulted in decisions to enhance inter-institutional coordination to stabilize the rupiah, which had fallen to Rp 18,000 per US dollar since Friday, June 5.

Prasetyo reiterated that there are no plans for a reshuffle of the "Merah Putih" Cabinet at this time. Instead, he stressed the government and the central bank must strengthen their coordination to recover the rupiah's value. "Today is a follow-up. Indeed, in the current situation, the intensity must be strengthened, cooperation must be tightened," stated the Gerindra Party politician.

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Today is a follow-up. Indeed, in the current situation, the intensity must be strengthened, cooperation must be tightened.

Earlier, on Thursday, June 4, 2026, Prasetyo had already indicated no intention of replacing the finance minister. At that time, he emphasized Indonesia's need for close and intense coordination between the Ministry of Finance, Bank Indonesia, and the Financial Services Authority (OJK). Coordination among the Coordinating Ministry for Economic Affairs and its subordinate ministers was also deemed crucial.

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There are no such plans, not yet.

Prasetyo also refuted claims that President Prabowo Subianto would reshuffle the cabinet soon. "There are no such plans, not yet," he said. The issue of Purbaya potentially leaving his position as Finance Minister had been circulating widely on social media. On Thursday, Purbaya himself denied rumors of his resignation. These rumors surfaced as the rupiah weakened against the US dollar, reaching Rp 18,000 per US dollar for the first time in history on Thursday morning. Purbaya acknowledged that the rupiah's weakening would increase the government's debt repayment burden, noting that the government pays interest on its debt at a fixed rate. "This is still within the range of our previous calculations," he stated on Thursday. He further explained that the government had simulated scenarios for rising crude oil prices, with the 2026 state budget assuming an exchange rate of Rp 16,500 per US dollar, though he declined to disclose the specific rupiah level used in the simulation.

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This is still within the range of our previous calculations.