Purbaya: US Investors More Interested in Portfolio Instruments
Finance Minister Purbaya Yudhi Sadewa stated that several US investors prefer investment instruments in the financial sector, such as bonds and shares. The state treasurer expressed this preference after meeting 18 investors, including Goldman Sachs and Fidelity Investments.
Purbaya’s meeting with the investors took place in Washington DC on Tuesday, 14 April 2026 local time. “They want to understand the direction of Indonesia’s growth policies and budget management, and assess whether those strategies are credible and sustainable,” said Purbaya, as quoted from an official statement on Thursday, 16 April 2026.
According to Purbaya, global investors from the US showed interest in portfolio investment instruments rather than foreign direct investment (FDI). The instruments of interest are fixed income and equity.
“Some are interested in fixed income, some in equity. This is the financial sector, not FDI,” said the Minister, who has been in office since September 2025.
Because it is mostly in the form of shares, Purbaya is confident that these investment interests will soon be realised. “So it should not be long before they enter Indonesia, and will push Indonesia’s capital market to a higher level,” he said.
A day before meeting Goldman Sachs and several US giants, Purbaya met investors from international investment management companies in New York. Five companies met by Purbaya on 13 April 2026 included BlackRock, HSBC Global Asset Management, Lazard AM, Lord Abbett, and TD Asset Management.
To the investors, Purbaya also explained Indonesia’s macroeconomic conditions and government fiscal management. He stated that the US investors are confident in the government’s fiscal management. Thus, they are interested in investing in Indonesia.
The investors also asked several questions to confirm their doubts about Indonesia’s actual conditions. According to Purbaya, initially the investors were doubtful because they had heard reports that the government’s fiscal management was problematic. “So they want to make sure that is not true, what our fundamental policies are like,” he said on Monday, 13 April 2026.