April 20, 2026 | 09:00 pm
TEMPO.CO, Jakarta - Indonesia’s Finance Minister Purbaya Yudhi Sadewa said the International Monetary Fund (IMF) has praised Indonesia as a “bright spot” in the global economy, citing its strong economic fundamentals.
“The IMF has praised Indonesia as one of the bright spots in the global economy due to its solid fundamentals,” Purbaya said in an official statement received in Jakarta on Monday, April 20.
During a meeting with IMF Managing Director Kristalina Georgieva, Purbaya emphasized that Indonesia continues to maintain sound fiscal conditions and sufficient budget buffers amid ongoing global uncertainty.
The IMF also expressed appreciation for Indonesia’s credible policy framework and measures taken to preserve economic stability.
In a separate meeting with Ajay Banga, President of the World Bank Group, Purbaya outlined a range of government reforms aimed at boosting productivity and competitiveness.
These include downstream industrial development, digital transformation, and efforts to improve the investment climate, with the goal of achieving 8 percent economic growth in the medium term and attaining high-income country status by 2045.
The government is also pursuing a more integrated approach to enhance productivity, support the growth of micro, small, and medium enterprises (MSMEs), reduce informality, and expand higher value-added sectors such as services, in order to create more inclusive and higher-quality jobs.
Purbaya highlighted plans to strengthen MSMEs through institutional reforms in credit distribution, as well as a focus on energy transition through the development of new and renewable energy, particularly geothermal resources in Indonesia.
The World Bank expressed readiness to support Indonesia’s development agenda through its Country Partnership Framework (CPF) and encouraged the government to submit priority programs in the near future.
Purbaya attended the Spring Meetings of the IMF and World Bank Group, where he also held a series of bilateral meetings with key partners, including IMF chief Kristalina Georgieva, World Bank President Ajay Banga, Mathias Cormann of the Organisation for Economic Co-operation and Development, China’s Finance Minister Lan Fo’an, Poland’s Finance and Economy Minister Andrzej Domaski, and Australia’s Treasurer Jim Chalmers.
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