Purbaya Reveals US Investors Hearing Unfavourable Rumours about Indonesia - detikFinance
Finance Minister Purbaya Yudhi Sadewa met with major investors in New York and Washington DC, United States (US), on Monday (13/4/2026).
The opportunity was used to explain Indonesia’s macroeconomic fundamentals and future fiscal strategies.
“Basically, we explained our economic conditions and future fiscal strategies. So they are convinced that our fiscal movements or policies are heading in the right direction,” Purbaya said in a written statement on Wednesday (15/4/2026).
The US investors who held meetings included HSBC Global Asset Management, Lazard AM, Blackrock, Lord Abbett, and TD Asset Management.
Purbaya claimed that some are interested in investing in Indonesia, so several explanations were provided to address their doubts regarding Indonesia.
“They intend to invest in Indonesia. So some explanations were given to them to ensure their doubts about Indonesia can be cleared,” Purbaya said.
Purbaya claimed that US investors are not doubtful about Indonesia’s designed macroeconomic fundamental policies. However, they want to confirm the current conditions regarding investment comfort.
“So they (the investors) are not doubtful, but they heard some noise that our fiscal is problematic, they confirmed that it is not true. We explained what our fundamental policies are like and because they are smart people, they can fully accept that what we explained is in accordance with economic theories,” Purbaya said.
On that occasion, Purbaya received positive input that the Indonesian government can improve communication with US investors, given that Indonesia’s macroeconomic foundation is considered very good.
“Regarding fiscal policy, they are already convinced that the policy direction is correct, they think that some international rating agencies are too quick to make changes to Indonesia’s rating, such as giving negative outlooks, where the changes were made when the latest economic data is not yet complete,” Purbaya added.
When asked about the strategy to make investors confident in investing in Indonesia, Purbaya explained that the economy must continue to grow in line with the target in the State Revenue and Expenditure Budget (APBN).
“We will continue to ensure that the economy grows according to the targets we mentioned. If Indonesia can grow 5.5% in the first quarter and remains strong in the second quarter, this will immediately make them more confident to increase their investments in Indonesia. So we focus on ensuring that our policies are correct, and their implementation is in accordance with the design we made,” he concluded.