When Purbaya Assures Global Investors and IMF: Growth Can Be Boosted Without Sacrificing Fiscal Prudence

JAKARTA, KOMPAS.com - Finance Minister Purbaya Yudhi Sadewa has revealed the response of global investors to Indonesia’s economic strategy, which is considered unconventional: growth can be accelerated more quickly without sacrificing fiscal prudence.

This was stated by Purbaya after meeting 18 major investors in the United States, including Goldman Sachs and Fidelity Investments, as part of the government’s international agenda.

According to him, investors initially questioned how Indonesia could maintain a balance between aggressive economic growth and national budget stability.

“They wanted to know if our strategy makes sense. Because they see that we can grow faster, but the figures remain controlled,” Purbaya said in his statement on Wednesday (15/4/2026).

The explanation covered how growth is driven without widening risks to the State Revenue and Expenditure Budget (APBN).

According to Purbaya, after receiving detailed explanations, investors began to understand the direction of the government’s policies.

“We explained it clearly. So they can accept that we are creating faster economic growth without sacrificing fiscal policy prudence,” he said.

He added that there has been confusion among global investors regarding Indonesia’s approach, which is seen as different from many other countries.

Investors generally view accelerating economic growth as risky for fiscal stability.

However, Indonesia is trying to keep both in balance.

In addition to explaining the fiscal strategy, the government also emphasised that policies have been designed to absorb global pressures, including energy price fluctuations and geopolitical uncertainties.

In a separate meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Purbaya noted that global uncertainty will continue in the medium term.

Nevertheless, Indonesia is deemed not to require special support from the IMF due to its relatively strong fiscal condition.

“It was conveyed earlier that the IMF indeed does not have the authority to reduce global uncertainty. But they have assistance facilities for countries that need it. Indonesia is not included because our condition is quite good,” he said.