{
    "success": true,
    "data": {
        "id": 2061574,
        "msgid": "airlangga-global-economic-slowdown-poses-financing-challenge-1793281895",
        "date": "2026-10-29 19:40:11",
        "title": "Airlangga: Global Economic Slowdown Poses Financing Challenge",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Coordinating Economic Affairs Minister Airlangga Hartarto said global uncertainty and a projected slowdown in world growth could raise Indonesia\u2019s financing costs as it pursues an eight per cent growth target. He cited rising oil prices and a 10-year government bond yield of 7.21 per cent, while noting that domestic growth, investment and confidence indicators remain comparatively resilient.",
        "content": "<p>Badung, Bali (ANTARA) \u2014 Indonesia\u2019s Coordinating Minister for\nEconomic Affairs, Airlangga Hartarto, said global economic uncertainty\ncould increase financing challenges for Indonesia, particularly as the\ngovernment seeks to boost economic growth to eight per cent.<\/p>\n<p>Speaking at the International Fora for Government Credit Programmes\nin Nusa Dua, Badung Regency, Bali, on Thursday, Airlangga said various\ninternational institutions, including the International Monetary Fund\n(IMF), forecast that global economic growth would slow to around three\nper cent.<\/p>\n<p>\u201cWe remain in a state of uncertainty,\u201d Airlangga said.<\/p>\n<p>He said global oil prices had risen by about 70 per cent to more than\nUS$100 a barrel. Meanwhile, a conflict that has continued for more than\nsix months has shown no signs of resolution.<\/p>\n<p>According to Airlangga, these conditions have also put pressure on\nthe cost of financing. He cited the latest yield on 10-year Indonesian\ngovernment bonds (SBN), recorded at 7.21 per cent.<\/p>\n<p>\u201cThe challenges ahead will become greater, while we also need to\nrecognise that achieving eight per cent growth will require substantial\ninvestment,\u201d he said.<\/p>\n<p>Despite the external situation, Airlangga said several indicators\nshowed that Indonesia\u2019s economy remained relatively resilient. He said\neconomic growth had reached 5.45 per cent, while inflation at 3.29 per\ncent remained within the target range of 2.5 per cent, plus or minus one\npercentage point.<\/p>\n<p>He also said investment grew by 7.3 per cent from January to\nSeptember. The industrial confidence index stood at an expansionary\n52.4, while the national consumer confidence index was recorded at\n118.1.<\/p>\n<p>Airlangga said the government was seeking to sustain growth momentum\nby strengthening domestic demand, investment, downstream processing and\nthe productivity of micro, small and medium-sized enterprises\n(MSMEs).<\/p>\n<p>\u201cEvery rupiah of financing, including programme credit, must be\ndirected as productively as possible,\u201d he said.<\/p>\n<p>He added that improving financing productivity was essential to\nensure available resources generated a greater economic impact amid\nglobal uncertainty.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/airlangga-global-economic-slowdown-poses-financing-challenge-1793281895",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}