Finance Minister Purbaya Optimistic IHSG Will Rebound on Solid Economic Fundamentals

Finance Minister Purbaya Yudhi Sadewa has expressed optimism that the Indonesia Stock Exchange Composite Index (IHSG) will soon rebound. This conviction is based on solid national economic fundamentals amidst short-term market volatility. “I am confident the IHSG will rise again because the economic foundation is good,” Purbaya told the media at the Parliament Complex in Jakarta on Wednesday. Purbaya explained that this optimism for the capital market is supported by several positive economic indicators. One of these is the inflation figure for May 2026, which was recorded at 3.08 per cent year-on-year. This figure is considered to still be within Bank Indonesia’s target range of 2.5 plus or minus 1 per cent. Beyond inflation, the state revenue performance is also showing a strong growth trend. Up to 30 April 2026, tax revenue realisation reached Rp646.3 trillion, growing by 16.1 per cent compared to the same period last year. The Finance Minister assessed that the recent IHSG weakness was more influenced by short-term concerns and negative domestic issues, whereas domestic demand and public purchasing power remain very stable. “Do not be afraid. The economic fundamentals are good. This might just be short-term fear. The economic foundation is good, there are no problems,” he stressed, adding that public activity in various regions remains busy, including demand in the tertiary sector such as hotels and entertainment venues. Responding to investor scrutiny over governance and policy credibility, Purbaya assured that the government will continue to maintain economic performance so that market sentiment remains stable and global investor confidence recovers.