Indonesia’s Competitiveness Ranking Drops in IMD World Report: Key Reasons Explained

Indonesia’s global economic standing has shifted, as the country dropped to the 48th position in the 2024 IMD World Competitiveness Ranking. This decline from its previous standing has prompted a formal review by the Indonesian government to identify the underlying structural and regulatory bottlenecks hindering national performance, according to reports from the IMD World Competitiveness … Read more

Indonesia’s Idle Bank Credit Hits Rp 2,527 Trillion: Causes and Economic Impact

In the evolving landscape of Indonesia’s financial sector, a significant trend has emerged that warrants close attention from investors and policymakers alike: the accumulation of idle credit, or kredit mengendap. Recent data indicates that this figure has reached a notable threshold of Rp 2,527 trillion, sparking discussions among analysts and banking executives regarding the underlying … Read more

Finance Minister Advises Selective Stock Picking Amidst Market Volatility, Sees IHSG Reaching 10,000

London, United Kingdom – Indonesian Finance Minister Purbaya Yudhi Sadewa has advised investors to exercise caution and selectivity in the current market climate, emphasizing the potential for strategic accumulation of fundamentally strong stocks despite a nearly 20% decline in the Jakarta Composite Index (IHSG) year-to-date. The Minister’s comments, made on Monday, March 16, 2026, reflect … Read more

Indonesia’s Economy Not ‘Morat-Marit’ – Finance Minister Reassures President Prabowo | 2026 Update

Jakarta, Indonesia – Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, has moved to reassure both President Prabowo Subianto and the public that the nation’s economy is on solid footing, despite concerns circulating on social media – particularly on platforms like TikTok – suggesting otherwise. The Minister addressed these anxieties during a cabinet meeting on Friday, … Read more

Indonesia’s Debt Outlook Cut to Negative by Fitch: Finance Minister Responds

Jakarta – Indonesia’s economic outlook is facing increased scrutiny following a recent decision by Fitch Ratings to revise the country’s credit outlook to negative. The move, announced on March 4, 2026, has prompted a response from Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, who suggested the assessment may stem from a perception of inexperience within … Read more

Indonesia’s 2026 Budget Deficit: Rp 135.7 Trillion in February | Tax Revenue Up 30%

Indonesia’s Budget Faces February Deficit of Rp 135.7 Trillion Jakarta – Indonesia’s budget recorded a deficit of Rp 135.7 trillion (approximately $8.6 billion USD) as of the end of February 2026, according to recent government data. This figure represents 0.53% of the country’s Gross Domestic Product (GDP), signaling a period of increased government spending relative … Read more

Indonesian Politician Urges Prabowo to Host Celebration if Economy Hits 6% Growth

“`html Indonesia’s Economic Outlook: Targeting 6% Growth in 2026 Indonesia’s Economic Outlook: Targeting 6% Growth in 2026 Indonesia is aiming for a robust economic growth of 6% in 2026, exceeding the initial government target outlined in the State Budget (APBN) of 5.4%. This optimistic⁢ projection, voiced by Finance Minister Sri Mulyani Indrawati, signals confidence in … Read more