Minister Purbaya Visits Beijing to Discuss National Development Financing
- 19 Jun 2026 06:08 WIB
- Voice of Indonesia
Key Points
- Indonesia's Finance Minister met with China's Finance Minister to strengthen national development financing and expand Indonesia's investor base amid global economic changes.
- Indonesia is preparing to issue Panda Bonds (bonds issued in China's currency) to support local currency use in trade, while also meeting with major Chinese financial institutions to boost investor confidence.
RRI.CO.ID, Beijing – Indonesia's Finance Minister, Purbaya Yudhi Sadewa, held a working visit to China on Wednesday, June 17, 2026. The agenda began with a bilateral meeting with the Minister of Finance of the People’s Republic of China, Lan Fo’an, at the Chinese Ministry of Finance in Beijing.
This strategic meeting aimed to strengthen access to financing for national development. The Indonesian government is also seeking to expand its investor base and deepen economic partnerships between the two countries.
The Minister emphasized that Indonesia has chosen to keep moving forward for the sake of the nation’s economic future. This strategy is crucial for navigating the ongoing dynamics and volatility of the global economy.
“While some choose to wait for certainty, Indonesia has chosen to prepare for the future. That is why we continue to move forward, build trust, and strengthen the nation’s economic foundation,” Purbaya said, as quoted from the ministry’s written press release on Wednesday, June 17, 2026.
He also explained that Indonesia’s current economic fundamentals remain strong. Global investors’ confidence in the Indonesian market has proven to be very well maintained.
He said, “We came to Beijing because Indonesia is in a strong position to build mutually beneficial cooperation. Market confidence isn’t built overnight. It is the result of fiscal discipline, consistent reforms, and the government’s ongoing efforts to maintain policy credibility. Therefore, Indonesia remains an attractive investment destination in the region.”
The Finance Minister further emphasized the importance of the close economic ties that have long existed between Indonesia and China. She expressed hope that the two countries can continue to strengthen their cooperation in various international forums, including the G20 Finance Track, the APEC Finance Ministers’ Process, and ASEAN+3.
Another key agenda item during this visit is preparing for the issuance of sovereign Panda Bonds, which are expected to support the implementation of bilateral transactions using local currencies. The Finance Minister is also scheduled to meet with a number of business leaders and major investors in Beijing, including the People’s Bank of China (PBOC), the Shanghai Cooperation Organization (SCO) Development Bank, and the Asian Infrastructure Investment Bank (AIIB).
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