Indonesia's Economic Fundamentals Remain Solid Amid Global Uncertainty
Indonesia’s Economic Fundamentals Remain Solid Amid Global Uncertainty
22 Mei 2026 16:18 WIB
Voice of Indonesia
Key Points
Indonesia’s Minister of Finance emphasized that the country’s economic fundamentals remain solid and resilient amid high global uncertainty.
The State Budget is also being managed prudently and effectively to maintain growth momentum.
The high level of global investor confidence in the Indonesian economy.
RRI.CO.ID, Yogyakarta – Indonesia’s Minister of Finance, Purbaya, emphasized that the country’s economic fundamentals remain solid and resilient amid high global uncertainty. He made this statement at the Jogja Financial Festival 2026 at the Jogja Expo Center, Yogyakarta, on Friday, May 22, 2026.
During a panel discussion, the Finance Minister noted that Indonesia’s economy continues to demonstrate positive performance. Economic growth in the first quarter of 2026 reached 5.61 percent, driven by household consumption, investment, and accelerated government spending.
He explained that the State Budget is also being managed prudently and effectively to maintain growth momentum while safeguarding fiscal health. As of April 2026, the State Budget deficit remained under control at 0.64 percent of GDP.
“The deficit hasn’t increased, but our economic growth is faster than projected. So, we can manage the budget more efficiently and ensure the private sector becomes even more vibrant,” the Finance Minister said, as quoted from the ministry’s website.
On that occasion, the Finance Minister also highlighted the high level of global investor confidence in the Indonesian economy. This is reflected in the issuance of Indonesia’s global bonds, which continued to receive a positive response amid global financial market volatility.
“Our global bonds remain in demand because investors view Indonesia’s economic fundamentals as strong and credible,” he explained.
He noted that coordination between fiscal, monetary, and financial sector policies will continue to be maintained to ensure stability and equitable economic growth. The minister added that the government’s stance is not one of excessive optimism, but rather a confidence grounded in careful analysis.
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