S&P Rating a Momentum to Maintain Investor Confidence: Coordinating Ministry for Economic Affairs

The Coordinating Ministry for Economic Affairs has assessed that the decision by international rating agency S&P Global Ratings to maintain Indonesia’s credit rating is a momentum to continue strengthening investor confidence in the national economy. “This reflects the trust given by the rating agency to our economic resilience. This is a momentum that we must continue to maintain,” said Ferry Irawan, Deputy for the Coordination of State-Owned Enterprise Management and Development at the Coordinating Ministry for Economic Affairs, during the Risk and Governance Summit (RGS) 2026 in Jakarta on Tuesday. According to him, S&P’s decision to maintain Indonesia’s rating at investment grade reflects the rating agency’s confidence in the national economy’s resilience amidst rising global uncertainty. Ferry stated that the government will continue to strengthen governance, transparency, and financial market deepening to maintain institutional credibility and provide certainty for businesses and investors. “Good governance is not merely a matter of compliance, but a foundation that strengthens institutional credibility, provides certainty for business actors and investors, and ultimately encourages sustainable economic growth,” he said. He added that various international institutions are also maintaining a positive outlook on the Indonesian economy. In its July 2026 edition of the World Economic Outlook, the International Monetary Fund (IMF) maintained its projection for Indonesia’s economic growth at 5 percent in 2026. The Asian Development Bank (ADB) also maintained its projection for Indonesia’s economic growth at 5.2 percent in 2026 in its July 2026 report.