BI Governor Affirms Indonesia's Economy is Resilient Against Global Turbulence, Here is the Reason
JAKARTA — Bank Indonesia (BI) Governor Perry Warjiyo has further addressed the impact of geopolitical tensions causing high global economic uncertainty on Indonesia. According to him, Indonesia’s economy is quite resilient or ‘immune’ to these global turbulences.
“We affirm that Indonesia’s economic fundamentals are strong in facing the impacts from geopolitics, including the Middle East war. Our economic fundamentals are strong, so our external resilience remains strong,” Perry stated during the April 2026 Board of Governors’ Meeting (RDG) press conference held online on Wednesday (22/4/2026).
The strong economic fundamentals claimed include low inflation around 2.5±1 percent, high economic growth above 5 percent, and a rupiah exchange rate that tends to be stable. In addition, there is ongoing banking credit growth, a balance of payments recording a low current account deficit, and strong foreign exchange reserves.
Perry assured that coordination with the Government continues, and various measures are being implemented to maintain economic stability and keep economic growth positive.
“Taking into account the impacts from the Middle East war, including oil prices, the strengthening of the US dollar, high US Treasury yields, and capital flows, therefore joint measures continue to be discussed and have been implemented,” he said.
These measures include the eight points of work culture transformation set by the Government in March 2026, among others the implementation of work from anywhere (WFA), energy saving, and strengthening the Free Nutritious Meals (MBG) programme. This also includes accelerating the national energy transition, which encompasses accelerating solar power plants, converting imported fuel oil (BBM) to electric vehicles, and the biofuel programme including B50.
“These measures are very appropriate and will strengthen our economic stability as well as the fiscal deficit that remains low below 3 percent of GDP (Gross Domestic Product). These are the steps that have been taken and we must continue to support the steps that will be taken by the Government, ensuring our economic resilience is strong and our economic fundamentals are strong,” he emphasised.