Jakarta, CNBC Indonesia - The Speaker of the Indonesian House of\nRepresentatives (DPR RI), Puan Maharani, has spoken out regarding the\nweakening of the rupiah exchange rate, which briefly breached the\nRp17,500 level yesterday, Tuesday (12\/5\/2026). This marks the all-time\nlowest level for the Garuda currency.<\/p>\n
According to Puan, the rise in prices of goods containing imported\ncomponents due to the exchange rate depreciation is already being felt\nby the public and the business world. This situation, she said, has the\npotential to trigger inflation, reduce people\u2019s purchasing power, and\nincrease the burden on business actors, particularly in the industrial,\ntransportation, and MSME sectors, which are highly sensitive to rising\noperational costs.<\/p>\n
Therefore, the government and Bank Indonesia (BI) need to maintain\neconomic stability so that the rupiah\u2019s weakening does not have a\nnegative impact on the national condition. She emphasised that\nanticipation must be carried out not only for this year but also up to\n2027.<\/p>\n
\u201cHow about the global situation? This isn\u2019t just Indonesia; it\u2019s\nrelated to the global situation. What will the government do, including\nwith BI? This situation must not lead to Indonesia being plunged into\ndistress; it must be anticipated from the start, not just this year, but\nalso up to 2027,\u201d Puan stated during a press conference following the\nDPR Plenary Session on Tuesday (13\/5\/2026).<\/p>\n
Puan explained that the Indonesian and global economies are\nsignificantly affected by the conflict in the Middle East, which has\nresulted in the closure of the Strait of Hormuz. In addition to rising\nenergy and fuel oil prices and the rupiah\u2019s weakening, the conflict has\ntriggered an increase in logistics costs.<\/p>\n
\u201cWe are facing pressure on the rupiah exchange rate, rising energy\nand fuel oil prices, increased logistics and distribution costs, and\npressure on national energy resilience due to disruptions in the global\nsupply chain,\u201d Puan elaborated.<\/p>\n
She urged the government and stakeholders to immediately anticipate\nthe impact of the global situation on the national economy, including on\nthe MSME sector and Indonesia\u2019s future fiscal policies.<\/p>\n
Discussion on the 2027 State Budget<\/p>\n
According to her, the uncertain global economic conditions must be a\nserious concern for the government to prevent impacts on domestic\neconomic stability.<\/p>\n
She assessed that anticipatory steps need to be taken early so that\nglobal pressures do not further worsen the national economic\ncondition.<\/p>\n
\u201cOf course, we will ask the government and existing stakeholders to\nanticipate this,\u201d Puan said, quoted from the official DPR website.<\/p>\n
Furthermore, Puan explained that the DPR in the upcoming session will\nalso begin discussing the Fiscal Policy Principles (PPKF) as part of the\npreparation of the 2027 State Budget. Her side considers this discussion\nimportant to ensure the country\u2019s fiscal readiness in facing dynamic\nglobal economic challenges.<\/p>\n
She stated that the discussion of the 2027 State Budget must take\ninto account various potential global economic risks, including the\nsteps that the government will take together with Bank Indonesia in\nmaintaining national economic stability.<\/p>\n
\u201cIn the upcoming session, the DPR will also enter into the discussion\nof the PPKF, namely the 2027 State Budget. This is also part of\nanticipating the upcoming budget and fiscal,\u201d she said.<\/p>\n
The legislator from the PDI Perjuangan Faction added that the current\nsituation is not just Indonesia\u2019s issue alone but is closely related to\nglobal conditions. Therefore, according to Puan, all economic policies\nmust be prepared thoroughly so that Indonesia is not more deeply\naffected by international turmoil.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/puan-highlights-impact-of-dollar-at-rp17-500-warns-on-2027-state-budget-preparation-1778637162", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }