Indonesian Political, Business & Finance News

OJK Monthly Meeting Results on Indonesia's Financial Sector Condition

| Source: CNBC Translated from Indonesian | Economy
OJK Monthly Meeting Results on Indonesia's Financial Sector Condition
Image: CNBC

The Financial Services Authority (OJK) has ensured that the stability of the financial services sector is being maintained amidst rising inflation and global volatility, based on the results of the Monthly Board of Commissioners Meeting (RDKB) on 26 May 2026.

The Chair of the OJK Board of Commissioners, Friderica Widyasari Dewi, stated that geopolitical conflicts in the Middle East continue to persist, causing energy prices to rise. “This condition is driving high interest rates, higher for longer,” she said during the RDKB press conference on Friday (5/6/2026).

She noted that while the global economy continues to face various challenges, Indonesia’s domestic economic resilience remains intact amidst global uncertainty.

She explained that the United States economy still shows significant resilience, reflected in a strong labour market. Nevertheless, inflationary pressures are beginning to impact the country’s economic prospects.

Meanwhile, the Chinese economy tends to be experiencing a slowdown, although export performance remains relatively stable.

These global economic developments are also influencing the direction of global monetary policies, which continue to vary between nations.

Domestically, economic activity continues to demonstrate resilience. This is reflected in manufacturing activity, which remained in the expansionary zone in May 2026, alongside sustained domestic demand.

Regarding inflation, price pressures are reported to be still under control, despite the influence of global energy price developments.

Furthermore, Indonesia’s trade balance continues to record a surplus, although the value has decreased compared to the previous period.

OJK assesses that the combination of sustained domestic activity, controlled inflation, and a trade surplus serves as a supporting factor for national economic stability amidst ongoing global uncertainty.

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