{
    "success": true,
    "data": {
        "id": 1766459,
        "msgid": "deputy-finance-minister-three-crisis-triggers-not-yet-visible-in-indonesia-1779923930",
        "date": "2026-05-26 17:03:05",
        "title": "Deputy Finance Minister: Three Crisis Triggers Not Yet Visible in Indonesia",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Finance",
        "summary": "Deputy Finance Minister Juda Agung has stated that Indonesia's economy shows no signs of crisis, with fiscal and balance of payments indicators remaining stable. He highlighted that key crisis triggers\u2014fiscal instability, balance of payments issues, and financial system failures\u2014currently show no evidence in Indonesia, contrasting current conditions with past Latin American crises where such factors led to collapse.",
        "content": "<p>JAKARTA, KOMPAS.com - The Ministry of Finance has stated there are no\nsigns pointing to an economic crisis in Indonesia. The statement comes\namid growing speculation about potential economic weakening in public\nand social media circles. Deputy Finance Minister Juda Agung said\nhistory shows three main sources that often trigger economic crises in\nvarious countries. These three sources are fiscal crisis, balance of\npayments crisis, and financial system crisis. According to Juda, none of\nthese indicators are evident in Indonesia\u2019s current economic conditions.\n\u201cLooking at the figures, we are far from a crisis situation,\u201d Juda said\nat the National Conference on Regional Economic Development on Monday\n(25 May 2026). In past crises, governments experienced sharp budget\ndeficits. Investor confidence weakened, making it difficult for\ngovernments to secure financing. \u201cIssuing bonds with no buyers led to\nfiscal crises in Latin America,\u201d he said. However, Juda assured that\nIndonesia\u2019s fiscal condition remains stable. The government continues to\nkeep the national budget deficit below 3% of gross domestic product\n(GDP). Government debt financing continues to enjoy strong confidence\nfrom both domestic and foreign investors. Juda cited the relatively\nstable yield on government securities (SBN) at 6.5% to 6.7% as evidence\nof this confidence. \u201cIf investors lack faith in our fiscal policies,\nyields would surge,\u201d he added. In previous periods, many private\ncompanies took out large foreign loans. This made companies vulnerable\nwhen the exchange rate weakened and foreign capital flows suddenly\nstopped, leading to widespread defaults on foreign debt. The economic\nsystem then faced severe pressure. \u201cCurrently, our balance of payments\nfigures are relatively healthy and balanced. There are no signs of a\nbalance of payments crisis,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/deputy-finance-minister-three-crisis-triggers-not-yet-visible-in-indonesia-1779923930",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}