MSCI Keeps Indonesia in Emerging Market Status, OJK Welcomes Decision

The Financial Services Authority (OJK) has positively welcomed the results of the MSCI 2026 market classification review, which once again places Indonesia in the emerging market category. Chair of the OJK Board of Commissioners, Friderica Widyasari Dewi, stated that this demonstrates continued global investor confidence in the resilience of the national economy.

She noted that stability in the financial services sector and reform measures will continue to be encouraged to improve market transparency, integrity, and competitiveness. “We appreciate MSCI’s recognition of Indonesia’s commitment to strengthening capital market integrity, while also noting areas of concern as part of a constructive evaluation,” she said.

Kiki, as she is familiarly known, affirmed that the OJK will consistently continue integrity reform measures, particularly in the aspect of law enforcement, to ensure all policies are properly implemented. She also expressed appreciation to the Government, Commission XI of the House of Representatives, Self-Regulatory Organisations, industry players, investors, and all parties for the synergy that has yielded this result.

“This achievement is tangible proof of a shared commitment to building a financial market that is more transparent, has integrity, and is competitive on a global scale,” she stated. She also advised the new Board of Directors of the Indonesia Stock Exchange to further strengthen governance, maintain market integrity, and continue the reform agenda.