Indonesian Political, Business & Finance News

Purbaya Reveals 9 Strategies to Face Global Uncertainty

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Economy

Finance Minister Purbaya Yudhi Sadewa stated that the government, together with relevant authorities, will maintain financial sector stability, strengthen policy coordination, and increase market confidence. The goal is to ensure capital flows return to levels consistent with their fundamental value. The Finance Minister said that, consequently, the capital market is expected to once again support national economic financing and serve as a profitable investment instrument. “We recognise that the global economy continues to move very dynamically,” Purbaya said during a working meeting with House of Representatives Commission XI on Wednesday, 10 June 2026. Purbaya stated that fiscal policy will be kept responsive and anticipatory to mitigate uncertainty through nine strategic policies. These include maintaining the price stability of subsidised fuel and food, and ensuring energy supply and rice stocks remain at safe levels. Furthermore, the government will maintain fiscal discipline by controlling the deficit below 3 per cent of GDP, promoting efficiency and spending refocusing, optimising natural resource-based revenues, and maintaining macroeconomic stability through the regulation of export proceeds and improvements in the governance of strategic natural resource exports. The government is also providing a stimulus package to protect public purchasing power, ensure business continuity, and support economic growth, including through transport ticket discounts, food aid, housing incentives, and internship and vocational programmes. Purbaya added that the government is improving the pattern of spending absorption so that it is faster and more evenly distributed, changing the absorption pattern from slow-low to quick-high to more strongly support economic growth. The ninth policy is to strengthen synergy and collaboration between fiscal and monetary policies to maintain stability and drive economic growth. According to Purbaya, the strong domestic economic fundamentals supported by increasingly solid policies provide a robust foundation to face economic dynamics in 2027.

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