Puan Highlights Impact of Dollar at Rp17,500, Warns on 2027 State Budget Preparation
Jakarta, CNBC Indonesia - The Speaker of the Indonesian House of Representatives (DPR RI), Puan Maharani, has spoken out regarding the weakening of the rupiah exchange rate, which briefly breached the Rp17,500 level yesterday, Tuesday (12/5/2026). This marks the all-time lowest level for the Garuda currency.
According to Puan, the rise in prices of goods containing imported components due to the exchange rate depreciation is already being felt by the public and the business world. This situation, she said, has the potential to trigger inflation, reduce people’s purchasing power, and increase the burden on business actors, particularly in the industrial, transportation, and MSME sectors, which are highly sensitive to rising operational costs.
Therefore, the government and Bank Indonesia (BI) need to maintain economic stability so that the rupiah’s weakening does not have a negative impact on the national condition. She emphasised that anticipation must be carried out not only for this year but also up to 2027.
“How about the global situation? This isn’t just Indonesia; it’s related to the global situation. What will the government do, including with BI? This situation must not lead to Indonesia being plunged into distress; it must be anticipated from the start, not just this year, but also up to 2027,” Puan stated during a press conference following the DPR Plenary Session on Tuesday (13/5/2026).
Puan explained that the Indonesian and global economies are significantly affected by the conflict in the Middle East, which has resulted in the closure of the Strait of Hormuz. In addition to rising energy and fuel oil prices and the rupiah’s weakening, the conflict has triggered an increase in logistics costs.
“We are facing pressure on the rupiah exchange rate, rising energy and fuel oil prices, increased logistics and distribution costs, and pressure on national energy resilience due to disruptions in the global supply chain,” Puan elaborated.
She urged the government and stakeholders to immediately anticipate the impact of the global situation on the national economy, including on the MSME sector and Indonesia’s future fiscal policies.
Discussion on the 2027 State Budget
According to her, the uncertain global economic conditions must be a serious concern for the government to prevent impacts on domestic economic stability.
She assessed that anticipatory steps need to be taken early so that global pressures do not further worsen the national economic condition.
“Of course, we will ask the government and existing stakeholders to anticipate this,” Puan said, quoted from the official DPR website.
Furthermore, Puan explained that the DPR in the upcoming session will also begin discussing the Fiscal Policy Principles (PPKF) as part of the preparation of the 2027 State Budget. Her side considers this discussion important to ensure the country’s fiscal readiness in facing dynamic global economic challenges.
She stated that the discussion of the 2027 State Budget must take into account various potential global economic risks, including the steps that the government will take together with Bank Indonesia in maintaining national economic stability.
“In the upcoming session, the DPR will also enter into the discussion of the PPKF, namely the 2027 State Budget. This is also part of anticipating the upcoming budget and fiscal,” she said.
The legislator from the PDI Perjuangan Faction added that the current situation is not just Indonesia’s issue alone but is closely related to global conditions. Therefore, according to Puan, all economic policies must be prepared thoroughly so that Indonesia is not more deeply affected by international turmoil.