{
    "success": true,
    "data": {
        "id": 1725711,
        "msgid": "purbaya-states-indonesia-is-safe-from-hyperinflation-1778216025",
        "date": "2026-05-08 11:00:00",
        "title": "Purbaya States Indonesia is Safe from Hyperinflation",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "Finance Minister Purbaya Yudhi Sadewa has reassured the public that Indonesia remains far from hyperinflation, dismissing recent social media rumours on platforms like TikTok as unfounded and based on a misunderstanding of the term. He cited April's inflation rate of 2.4% from the Central Statistics Agency as evidence of controlled inflation, despite some price increases in goods. Additionally, Purbaya outlined plans for an economic zone modelled on Dubai's International Financial Centre, offering tax incentives for investments within it to boost economic activity.",
        "content": "<p>Finance Minister Purbaya Yudhi Sadewa stated that Indonesia is still\nsafe from hyperinflation. This comes after recent social media rumours\nsuggesting hyperinflation was imminent. \u201cThere was talk of\nhyperinflation recently on TikTok. We\u2019re heading towards hyperinflation,\neven though they don\u2019t know what hyperinflation means,\u201d Purbaya said,\nquoted from Kontan on Tuesday (5\/5\/2026). Even inflation rates of 4-5\nper cent cannot be called hyperinflation. \u201cIt could be 4 per cent, it\ncould be 5 per cent. That\u2019s not hyperinflation. But they\u2019re trying to\nscare people,\u201d he explained. His statement is based on data from the\nCentral Statistics Agency (BPS). Although he acknowledged price\nincreases in some goods, inflation remains under control. \u201cThe last\nfigure for April was only 2.4%. That\u2019s the number I\u2019ve been mentioning,\nso it\u2019s still controlled,\u201d he clarified. The economic zone will emulate\nthe concept of the Dubai International Financial Centre (DIFC), which\nspans 100 hectares. \u201cWhat we\u2019re going to build is like in Dubai. It will\nbecome a special economic zone. There, certain common law will apply,\u201d\nPurbaya said on Thursday (7\/5\/2026), quoted from Kompas.com. \u201cLater,\nmoney there can be used to invest in Danantara projects or other\nprojects outside the economic zone with good prospects,\u201d he added.\nHowever, when used for investment and yielding results, the government\nwill then impose taxes. \u201cIf during their time in the financial centre\nthey request tax incentives, I\u2019ll give them. But when it goes out and\nthere\u2019s profit, there are taxes and so on, the economy moves,\u201d Purbaya\nstated.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-states-indonesia-is-safe-from-hyperinflation-1778216025",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}