Amid Global Turmoil, Government Assures Indonesia's Economy Remains Resilient

JAKARTA - Amid rising geopolitical tensions and global financial market volatility, the Coordinating Ministry for Economic Affairs has assured that Indonesia’s economic conditions remain strong and capable of withstanding external pressures. Spokesperson for the Coordinating Ministry for Economic Affairs, Haryo Limanseto, emphasised that the national economy’s fundamentals are currently in a resilient state thanks to solid policy coordination and maintained domestic resilience. “We respect various views from the public, but we must emphasise that Indonesia’s economic fundamentals remain strong and resilient,” Haryo stated in an official remark on Thursday (26/3/2026). Meanwhile, Haryo noted that inflation remains controlled within the target range of 2.5±1 per cent. From the domestic side, public consumption continues to be the main pillar of economic growth, supported by various fiscal stimuli and social assistance programmes. The manufacturing sector’s performance also shows expansion, reflected in the Purchasing Managers’ Index (PMI) reaching 53.8, the highest in the last two years. In addition, food and energy resilience is assessed as increasingly strong. Indonesia has achieved self-sufficiency in several major commodities and recorded an energy surplus through the biodiesel programme, which serves as an important buffer amid global uncertainties. The government is also continuing to accelerate economic transformation through industrial downstreaming, strengthening investment, and accelerating digitalisation. Looking ahead, the government is optimistic that Indonesia’s economic growth in 2026 can reach around 5.4 per cent with maintained stability. “We will continue to ensure that the policies taken are adaptive to global dynamics, so that the national economy remains positively and sustainably growing,” said Haryo.