Finance Minister Purbaya Yudhi Sadewa has stated that the current\nrupiah depreciation has not disrupted fiscal conditions or national\neconomic activity. He explained that the government had factored in\ndepreciation risks when drafting the budget, ensuring fiscal stability.\n\u2018From a budgetary perspective, we have accounted for rupiah depreciation\napproaching current levels, so my budget remains sound despite the\ncurrency weakening to its present rate,\u2019 Purbaya said during a press\nconference in Jakarta on Sunday, 31 May 2026.<\/p>\n
He added that a strong economy would eventually strengthen the\ncurrency, stressing the need to maintain robust domestic growth. \u2018This\nwill almost automatically strengthen the currency, as I believe\ninvestors, particularly foreign direct investment (FDI) and foreign\ninvestors, will be keen to invest in a country offering the region\u2019s\nmost promising growth prospects,\u2019 he said.<\/p>\n
Indonesia\u2019s economic growth ranks second fastest among G20 nations,\nafter India, indicating strong prospects that mean the rupiah\u2019s\ndepreciation has not yet hindered national economic activity. Purbaya\nalso noted reports from Bloomberg and Al Jazeera suggesting the US,\nIran, and Israel are close to an agreement, which could lead to improved\nglobal conditions and better economic performance within two to three\nmonths.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/purbaya-confident-rupiah-depreciation-has-not-yet-impacted-economy-1780280599", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }