World Bank and IMF Applaud Indonesia's Fiscal Strategy

  • 16 Apr 2026 15:38 WIB
  •  Voice of Indonesia

RRI.CO.ID, Washington DC - Indonesia's fiscal policy direction under President Prabowo Subianto's administration has received a positive response from international institutions and global investors. This confidence is seen as a strong signal for national economic stability amidst the still-uncertain global dynamics.

Finance Minister, Purbaya Yudhi Sadewa, stated that institutions such as the International Monetary Fund (IMF) and the World Bank have positively assessed Indonesia's fiscal policy direction. This statement was made after a meeting with several international institutions and investors in Washington DC, United States, on 15 April 2026.

According to him, the IMF and global investors appreciate the government's consistency in maintaining macroeconomic stability through a synergy of solid fiscal and monetary policies. This is seen as an important foundation for maintaining market confidence in the Indonesian economy.

He emphasized that the government has detailed its strategy, including its impact on the budget and economic growth. "So, we've explained to them in detail and comprehensively what we're doing, what the impact will be on the budget, and what the impact will be on economic growth. They really liked our explanation that we will create faster economic growth without sacrificing prudent fiscal policy," he said.

Furthermore, Purbaya revealed that the IMF assesses Indonesia as having a strong capacity to absorb economic shocks, including those resulting from the surge in global crude oil prices. This demonstrates the resilience of the national economy amidst increasing external pressures.

IMF Managing Director, Kristalina Georgieva, also highlighted that global uncertainty will persist for some time to come. "Earlier, Ms. Kristalina explained that global uncertainty will remain high for some time to come because the outcome of the war is also uncertain, and we still have a fairly large buffer, the 420 trillion rupiah I mentioned earlier," Purbaya said.

This visit marked Purbaya's first overseas trip as Minister of Finance, to attend the Spring Meetings of the IMF and World Bank. The forum discussed efforts to maintain a balance between economic growth and the sustainability of the state budget. Purbaya said the response received was very positive, with the World Bank even opening up opportunities for mutually beneficial cooperation with Indonesia.

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