Finance Ministry affirms commitment to maintaining healthy debt ratio amid global pressures

Jakarta (ANTARA) - The Ministry of Finance has affirmed that it will maintain a healthy debt ratio amid escalating global pressures, including the rise in world oil prices and geopolitical turmoil in the Middle East region. “Amid these pressures, including the increase in global oil prices, Indonesia is stronger than its peer countries. From a fiscal perspective, we are maintaining a prudent deficit, still below 3 per cent. The debt ratio is also kept below 60 per cent,” stated Noor Faisal Achmad, Director of Economic Stabilisation Strategy at the Ministry of Finance. At the Central Banking Forum 2026 in Jakarta on Monday, he generally noted that Indonesia currently holds a relatively stronger position compared to peer nations. This is evident from the high economic growth rate, inflation that remains controlled, and fiscal conditions that are deemed stable. Nevertheless, he underscored that a healthy fiscal space is a crucial factor, particularly when global energy prices rise and exert pressure on the economy. With strong fiscal management, the Ministry of Finance believes Indonesia has greater capacity to mitigate the impacts of external shocks without disrupting the credibility of the State Revenue and Expenditure Budget (APBN). The government assures that it will continue to monitor global developments and prepare mitigation steps if pressures intensify. The prepared measures include budget and programme efficiencies, as well as efforts to boost state revenues to ensure fiscal resilience remains intact.