Purbaya: Indonesia's Fiscal Strategy Receives Positive Appreciation from IMF, World Bank, and Rating Agencies

Jakarta, VIVA – Finance Minister Purbaya Yudhi Sadewa continued his international agenda in Washington DC, United States, following meetings with several global investors in New York, including BlackRock.

In Washington DC, the Finance Minister held various strategic meetings, from bilateral discussions to courtesy calls with several local officials.

These included the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, senior World Bank officials, and representatives from international rating agencies such as S&P Global Ratings.

In those meetings, Purbaya outlined the Indonesian Government’s commitment to maintaining a balance between economic growth and the sustainability of the state budget amid global uncertainties.

“We met with 18 major investors, including Goldman Sachs and Fidelity Investments. They wanted to understand the direction of Indonesia’s growth policies and budget management, and to assess whether those strategies are credible and sustainable,” Purbaya said in his statement on Wednesday, 15 April 2026.

He explained that the government had comprehensively presented various policies undertaken, including their impact on the state budget and national economic growth.

According to him, the responses from the IMF, World Bank, and rating agencies were very positive, particularly regarding Indonesia’s ability to drive economic growth without burdening fiscal policy.

“They showed high enthusiasm and delved deeper into our economic fundamentals and policies. They have been questioning how Indonesia can grow faster while keeping the budget under control,” Purbaya stated.

Regarding investment interest, Purbaya conveyed that global investors, particularly from the US, have shown interest in financial sector instruments, both fixed income and equity.

“This is largely portfolio investment, not foreign direct investment (FDI). However, we are optimistic that in the near future, those fund flows will enter and help strengthen Indonesia’s capital market,” Purbaya said.

In the meeting with the IMF, Kristalina Georgieva highlighted that global uncertainties will persist for some time ahead, triggered among others by geopolitical tensions and energy price dynamics.

In response, Purbaya emphasised that Indonesia has a solid fiscal condition and adequate budget buffers.