{
    "success": true,
    "data": {
        "id": 1582203,
        "msgid": "finance-ministry-monitors-potential-economic-risks-from-iran-israel-us-conflict-1772466976",
        "date": "2026-03-02 21:31:15",
        "title": "Finance Ministry Monitors Potential Economic Risks from Iran-Israel-US Conflict",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's Ministry of Finance is closely monitoring geopolitical risks stemming from the Iran-Israel-US conflict and its potential impact on the national economy, particularly regarding global supply chain disruptions and energy prices. Despite these international tensions, Indonesia recorded a trade surplus of $950 million in January 2026, driven by strong non-mining exports in processed industries including palm oil, nickel, and high-value-added products. The government is implementing mitigation measures including value-added resource processing, export diversification, and expanding trade partnerships to strengthen economic resilience amid escalating global complexities.",
        "content": "<p>Jakarta \u2014 The Ministry of Finance has stated that it continues to\nclosely monitor potential risks from the conflict between Iran, Israel\nand the United States, particularly following the closure of the Strait\nof Hormuz.<\/p>\n<p>\u201cThe government continues to carefully monitor global geopolitical\ndynamics and various risks that could potentially affect the national\neconomy,\u201d said Febrio Kacaribu, Director General of Economic and Fiscal\nStrategy at the Ministry of Finance, in a written statement in Jakarta\non Monday.<\/p>\n<p>Febrio highlighted that risks to global supply chains, particularly\nenergy and petroleum supplies, as well as increased volatility in global\nfinancial markets, are key concerns. Global trade tensions also have the\npotential to suppress national export performance through weakened\nexternal demand and increased logistics costs.<\/p>\n<p>The trade balance registered a surplus of $950 million in January\n2026. The surplus was supported by export performance reaching $22.16\nbillion or growing 3.39 percent year-on-year, driven by non-mining\nexports. The performance of non-mining exports was driven by the\nprocessing industry sector, which grew 8.19 percent year-on-year,\nnotably in palm oil, nickel, iron and steel, as well as high-value-added\ncommodities such as automotive and electronics.<\/p>\n<p>Meanwhile, imports were recorded at $21.20 billion or growing 18.21\npercent year-on-year, dominated by increases in raw materials and\ncapital goods, in line with rising domestic production and investment\nactivities.<\/p>\n<p>\u201cThe government also continues to strengthen the policy mix to\nmaintain stability and sustainability of national economic growth,\u201d said\nFebrio.<\/p>\n<p>Risk mitigation efforts are being carried out through accelerating\nthe downstream processing of natural resources and enhancing the\ncompetitiveness of high-value-added export products. In addition, the\ngovernment is also seeking to diversify its main trading partners\nthrough various international trade agreements to expand market access\nand strengthen Indonesia\u2019s external sector resilience amid increasingly\ncomplex global dynamics.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/finance-ministry-monitors-potential-economic-risks-from-iran-israel-us-conflict-1772466976",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}