{
    "success": true,
    "data": {
        "id": 1703772,
        "msgid": "purbaya-stock-market-movements-align-with-economic-fundamentals-1777290722",
        "date": "2026-04-27 17:50:42",
        "title": "Purbaya: Stock Market Movements Align with Economic Fundamentals",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Finance Minister Purbaya Yudhi Sadewa has expressed optimism that Indonesia's stock market will increasingly reflect the strengthening economic fundamentals, with GDP growth projected to exceed previous estimates of 5-5.5% and reach up to 6% even without structural changes. He highlighted solid growth of 5.39% in the previous quarter and over 5.5% for the first two quarters of the current year, despite global uncertainties. Purbaya believes an 8% growth target is achievable in the next two to three years, which could significantly boost stock market prospects.",
        "content": "<p>The government assesses that the future movement of Indonesia\u2019s stock\nmarket will increasingly reflect the improving economic fundamentals.\nFinance Minister Purbaya Yudhi Sadewa stated that this optimism arises\nalongside projections of strong economic growth amid global\nuncertainties. \u201cUsually, the movement of the stock exchange or shares\ndepends on the movement of its economic fundamentals,\u201d Purbaya explained\nin his presentation at the Indonesia Stock Exchange building in Jakarta\non Monday (27\/4\/2026). Purbaya said that Indonesia\u2019s future economic\ngrowth is estimated to be higher than the previous range of 5% to 5.5%.\nHe noted that this trend indicates a sustainable strengthening of the\ndomestic economy. Purbaya revealed that in the previous quarter,\nIndonesia\u2019s economy grew by around 5.39%, while for the first and second\nquarters of the current year, it is projected to reach above 5.5%.\nAccording to him, this achievement is considered solid amid ongoing\nglobal economic turbulence full of uncertainties. Furthermore, he stated\nthat under relatively similar conditions or ceteris paribus, Indonesia\u2019s\neconomy has the potential to grow up to 6% relying solely on the private\nsector and government. This potential does not yet account for gradual\nstructural economic changes. Purbaya is also optimistic that the 8%\neconomic growth target is not impossible to achieve in the coming years.\nHe assessed that in two to three years ahead, that figure will begin to\nappear and drive increasingly positive stock market prospects. \u201cIn 2-3\nyears, you\u2019ll see the 8% figure starting to push upwards. That means our\nstock market prospects will also rise significantly,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-stock-market-movements-align-with-economic-fundamentals-1777290722",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}