His statement came in response to negative reactions from some market players following his appointment, replacing Sri Mulyani Indrawati.
"Clearly, we will not take any strange fiscal policies," Sadewa said at the Presidential Palace in Jakarta.
He added that existing policies will be optimized to accelerate economic growth and expressed hope the financial system will become more liquid to support government programs.
Sadewa noted he has not yet held in-depth strategy talks with his predecessor but maintains good communication. He said Indrawati has agreed to remain available for consultation.
"I told Mrs. Sri Mulyani that I will be asking her from time to time, and she is willing to teach me," he said.
Addressing concerns about inflation, Sadewa said they are unfounded. Inflation, he explained, would only be a risk if growth exceeded the country’s potential capacity, estimated at 6.5–6.7 percent.
"It is still far off to say that demand-pull inflation will occur. Rapid growth and state spending do not automatically cause inflation," he stated.
Sadewa stressed that the next step is to accelerate the implementation of stimulus packages to drive faster economic recovery.
"The current policies have not been running smoothly. Today’s meeting decided that program execution must be sped up to boost growth," he said.
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Translator: Andi, Kenzu
Editor: Anton Santoso
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