{
    "success": true,
    "data": {
        "id": 1721218,
        "msgid": "government-plans-to-issue-panda-bonds-in-china-1778054975",
        "date": "2026-05-06 14:10:00",
        "title": "Government Plans to Issue Panda Bonds in China",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian government is planning to issue Panda Bonds in China to diversify international financing sources and strengthen the rupiah's exchange rate stability by reducing reliance on the US dollar, as announced by Finance Minister Purbaya Yudhi Sadewa. This strategy follows discussions in a limited meeting with President Prabowo Subianto and key economic officials, amid a robust economic growth of 5.61 per cent, up from 5.39 per cent previously. Additional economic stimulus measures are set to be announced soon to sustain this acceleration into the second quarter of 2026.",
        "content": "<p>The government plans to issue Panda Bonds in China to strengthen the\nstability of the rupiah\u2019s exchange rate through diversification of\ninternational financing sources. This was stated by Finance Minister\nPurbaya Yudhi Sadewa. \u201cTo strengthen the exchange rate, we will also\nissue Panda Bonds in China with lower interest rates so that we are not\ntoo dependent on the dollar anymore. So, our diversification will be\neven better in the future,\u201d said Purbaya, quoted from Antara on\nWednesday, 6 May 2026. Purbaya explained that this diversification step\naims to reduce Indonesia\u2019s dependence on the US dollar. The issuance of\ndebt instruments in the Chinese market will also be beneficial because\nit offers more competitive interest rates for the government. This\nexchange rate strengthening strategy is the result of discussions in a\nlimited meeting between President Prabowo Subianto and several ministers\nof the Red and White Cabinet and the Financial System Stability\nCommittee (KSSK). The main focus of the meeting was to maintain the\nmomentum of economic growth that is currently accelerating. In addition\nto strengthening the rupiah, the government reported the achievement of\nnational economic growth that has surged to 5.61 per cent. This figure\nshows a significant increase compared to the previous period\u2019s\nachievement of 5.39 per cent. \u201cWe discussed the economic growth figure\nwith the president that we have indeed been able to reverse the\ndirection of the economy. So, our economy is experiencing acceleration,\u201d\nsaid Purbaya. To maintain this momentum in the second quarter of 2026,\nPurbaya continued, the government plans to announce additional stimulus\nfor the economy in the near future. This stimulus is planned to be\nimplemented starting from early June to encourage community economic\nactivity.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/government-plans-to-issue-panda-bonds-in-china-1778054975",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}