OJK Says RI Financial Sector Stable Amid Global Uncertainty
The Financial Services Authority (OJK) has assessed that the stability of the national financial services sector is being maintained amid increasing global economic and financial market uncertainty.
Chairman of the OJK Board of Commissioners, Friderica Widyasari Dewi, stated that the assessment was the result of the OJK’s Monthly Board of Commissioners Meeting held on 29 July 2026.
“The OJK Board of Commissioners Meeting on 29 July 2026 assessed that the stability of the financial services sector is being maintained amidst rising global economic and financial market uncertainty,” Friderica said during a press conference on Tuesday.
She explained that global risks had increased again after geopolitical tensions in the Middle East heated up following the failure of ceasefire efforts between Iran and the United States. This condition has also driven up world energy prices and increased risk premiums in global financial markets.
Meanwhile, the International Monetary Fund (IMF) has revised down its global economic growth projection to around 3% due to the prolonged impact of this uncertainty. However, according to Friderica, rapid investment in the artificial intelligence (AI) sector remains a factor that could potentially support global economic growth, presenting an upside risk.
In addition, the US government has begun implementing new tariff policies against around 60 trading partner countries as a replacement for the previously applicable temporary tariff policy. This move is considered to have the potential to add pressure to international trade.
Friderica said the increased pressure in global energy markets has driven up risk premiums and could potentially continue if geopolitical tensions do not ease soon.
Furthermore, the OJK is also observing a number of global economic indicators that still show a slowdown. Manufacturing activity in various developing countries remains limited, while in China, inflationary pressures are easing but economic growth has been recorded at its lowest in several recent periods, with domestic consumption and private investment still weak. Exports remain the main support for the country’s economic growth.
In Europe and the UK, the inflation trend is also continuing to decline. Meanwhile, global financial markets are moving mixed, with non-resident capital outflows occurring again, although the intensity is more moderate compared to the previous period.
“Amid these developments, the OJK continues to monitor various risks that could affect the stability of the domestic financial services sector,” Friderica said.