Finance Minister Suahasil Ensures Indonesia's Economy Remains Resilient

RRI.CO.ID, Jakarta – Indonesia's Minister of Finance Suahasil Nazara stated that Indonesia's economic performance remains resilient amidst global turmoil. This condition is reflected by solid economic growth, controlled inflation, and a well-maintained state budget (APBN) deficit.

Geopolitical dynamics involving the Middle East conflict remain a primary risk. Meanwhile, shifts in United States interest rates have the potential to affect financial market conditions in developing countries, including Indonesia.

During the APBN KiTa Press Conference in Jakarta on Friday, September 18, 2026, Suahasil said, "We always pay close attention to global developments. Monitoring global events is essential for us to prepare anticipatory measures for Indonesia's economy, and one of these responses must be handled through the state budget."

Nevertheless, several indicators demonstrate that Indonesia's economy continues to trend positively. Indonesia's economic growth in the first half of 2026 was recorded at 5.45 percent. Meanwhile, inflation in August 2026 remained within the inflation target level at 3.19 percent.

"Those figures provide us with sufficient confidence that Indonesia's economy stays resilient. Indonesia's economy, economic momentum, and community activity remain resilient," he conveyed.

Furthermore, the Minister explained that this resilience is reflected in community economic activity. Several indicators, such as car and motorcycle sales, cement sales, and consumption, have shown growth.

Consumer confidence has also strengthened, while retail sales have re-entered an expansionary phase. On the other hand, the manufacturing Purchasing Managers Index (PMI) remains an indicator that requires close monitoring, as Indonesia's manufacturing sector is similarly influenced by global economic developments.

Economic resilience is further evident in the recovering capital inflows into domestic financial markets. The government recorded that cumulative capital inflows up to September 11, 2026, reached Rp141.6 trillion.

For Government Securities (SBN), net foreign capital inflows were recorded at Rp40.8 trillion, supported by fiscal credibility. Meanwhile, the moderation of inflows into Bank Indonesia Rupiah Securities (SRBI) recorded an entry of Rp171.6 trillion, in line with the decline in SRBI issuance by Bank Indonesia.

In addition, domestic economic resilience is reflected in fiscal performance. By the end of August 2026, the performance of the state budget remained robust, with the primary balance in a positive position, while the budget deficit stayed well within controlled limits.