Purbaya Speaks Openly Regarding Interventions to Support JCI

Finance Minister Purbaya Yudhi Sadewa has admitted that his office is not preparing any specific interventions to face the current pressures on the Jakarta Composite Index (JCI). He believes that Indonesia’s economic fundamentals remain strong, serving as a reliable pillar to support the movement of the JCI.

“From my perspective, there is no (intervention). The important thing is that I explain our economic foundation is good and will continue to improve. That should serve as the basis for stock price assessments,” Purbaya stated at the House of Representatives (DPR RI) in Senayan, Jakarta, on Thursday, 4 June 2026.

Previously, Purbaya has frequently expressed optimism that the JCI would be able to reverse course and strengthen, supported by solid economic fundamentals. Speaking at the DPR RI complex in Senayan, Jakarta, on Wednesday, 3 June 2024, Purbaya noted that various economic indicators could drive the JCI back into positive territory.

One such indicator is the inflation rate for May 2026, which stood at 3.08 per cent year-on-year (yoy), remaining within Bank Indonesia’s target range of 2.5 per cent plus or minus 1 per cent. Additionally, tax revenues reached Rp 646.3 trillion as of 30 April 2026, representing a growth of 16.1 per cent (yoy). Purbaya assessed that the current volatility in the JCI is a matter of short-term concern, influenced by negative domestic issues. He further ensured that he will maintain economic performance and keep market sentiment stable.