Purbaya Focuses on Safeguarding Indonesia's Economy to Boost IHSG

Finance Minister Purbaya Yudhi Sadewa stated that he is focused on safeguarding Indonesia’s economy. If the economy performs well, the Composite Stock Price Index (IHSG) will follow suit and rise. The hope is that by 2026, the IHSG will break through 10,000. On Friday afternoon (24/4/2026), the IHSG closed lower by 249.12 points or 3.38 per cent at 7,129.49. Meanwhile, the LQ45 index of 45 leading stocks fell 25.12 points or 3.51 per cent to 690.76. However, Purbaya is optimistic that the fundamentals of the national economy will strengthen over time. Tax management, government programmes, and fiscal policies are his primary focuses. “If we mess around with taxes, we’ll be ruined, roughly speaking. If we mess around with programmes, we’ll be crushed by other nations. So we’re in survival mode,” he said on Friday (24/4/2026). If he finds any indications of such issues, Purbaya will take firm action immediately. “That means we can’t mess around anymore. That means we have no room for playing around with luxuries where there are opportunities we can create,” Purbaya explained. “The President has issued a presidential decree to accelerate development. All of that will be overseen by a task force,” Purbaya added.