Vice Chair of the House of Representatives, Saan Mustopa, gave a\npositive response to the Macro Economic Framework and the main policies\nof fiscal policy (KEM-PPKF) for the 2027 RAPBN presented directly by\nPresident Prabowo Subianto. Mustopa said the economic indicators\noutlined bring fresh air and optimism amid the current fluctuations in\nthe rupiah exchange rate.<\/p>\n
This was conveyed after Mustopa attended the 19th Plenary Session of\nthe DPR RI for the Fifth Session of the 2025-2026 Session at the\nNusantara Building, Parliament Complex, Senayan, Jakarta, on Wednesday,\n20 May.<\/p>\n
\u2018What the President said regarding the Macro Economic Framework and\nthe main fiscal policy, firstly it shows heroism and patriotism\nreferencing Article 33 of the 1945 Constitution. And secondly it shows\noptimism for our economy in the coming year,\u2019 said Saan.<\/p>\n
According to Saan, the President\u2019s direct appearance at the plenary\nto read the KEM-PPKF is tangible proof of the executive\u2019s seriousness in\nsteering the nation\u2019s economic future. He believes this well-prepared\nplan will bring comprehensive improvements to national economic\nindicators in 2027.<\/p>\n
\u2018The delivery of the KEM and the main policy pillars of fiscal policy\nis by the President as a demonstration of the government\u2019s seriousness\nto build our economy next year, which in my view will be much better.\nFrom the macroeconomic framework presented earlier, it describes\noptimism for the year ahead. Our economy in 2027 will, I believe, see\nimprovements and significant increases across all indicators mentioned\nby the President,\u2019 the NasDem politician said.<\/p>\n
In response to public concerns about the weakening rupiah trend and\nthe dynamics of the stock market lately, Mustopa urged all parties to\nremain calm. He judged the market movements at present to be within\nnormal bounds and believed the government\u2019s economic team has prepared\nrobust policy cushions.<\/p>\n
\u2018I am confident that today there are fluctuations related to the\nRupiah and to the stock market; in my view, this is normal. But I am\nsure the government has anticipated, has prepared steps to prevent\ndeclines in the Rupiah against the Dollar as well as those of the\nJakarta Composite Index; those steps have already been prepared,\u2019\nMustopa asserted.<\/p>\n
Mustopa is optimistic that through the mitigation strategies prepared\nby the government, pressure on the domestic monetary sector and the\nstock market will ease in the near future. \u2018Going forward, God willing,\nthey will hold firm and begin to recover,\u2019 he concluded. (Faj\/P-3)<\/p>\n
\u2018Prabowo has even admitted feeling frequently struck by harsh\ncriticism from PDIP cadres against the government.\u2019<\/p>\n
\u2018Meanwhile, Deputy Speaker Mustopa has confirmed the President\u2019s\npresence tomorrow.\u2019<\/p>\n
\u2018Prabowo is scheduled to attend the DPR plenary session at the\nParliament Complex, Jakarta, Wednesday (20 May).\u2019<\/p>\n
According to Perry, fundamentally the rupiah should have room to\nstrengthen supported by a low current account deficit.<\/p>\n
\u2018BI Governor Perry Warjiyo is confident Rupiah will strengthen in\nJuly\u2013August 2026 after a 50 basis point BI rate rise to 5.25% for\nexternal stability.\u2019<\/p>\n
\u2018Bank Indonesia (BI) believes the rupiah will stabilise again and\neven strengthen in July\u2013August 2026.\u2019<\/p>\n
\u2018He also highlighted various issues faced by the public, from rising\nprices of essential goods, narrowing employment opportunities, to\nweakening household purchasing power.\u2019<\/p>\n
\u2018Market reacts positively to the government\u2019s high growth target for\n2027.\u2019<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/saan-mustopa-confident-government-has-prepared-anticipatory-measures-for-rupiah-and-stock-market-fluctuations-1779545635", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }