February 12, 2026 | 04:45 pm
TEMPO.CO, Jakarta – Indonesia’s Finance Minister Purbaya Yudhi Sadewa said the government is prioritizing stronger economic growth rather than reacting to short-term fluctuations in the rupiah exchange rate.
Speaking at the Bloomberg Technoz Economic Outlook 2026 forum in South Jakarta on Thursday, February 12, 2026, Purbaya said exchange rate stability falls under the authority of Bank Indonesia as the country’s monetary authority.
The government, he added, is focused on strengthening the economic fundamentals to keep Indonesia attractive to investors.
“I am focused on creating higher economic growth. When the economy grows stronger and people see that we are moving consistently, confidence will follow,” Purbaya said.
He explained that solid and sustained growth would boost market confidence, which in turn would be reflected in capital market performance.
Higher corporate profits would lift company valuations, potentially attracting capital inflows into Indonesia’s financial markets and supporting the rupiah.
Purbaya acknowledged that short-term market sentiment is difficult for the government to control. However, he stressed that maintaining steady economic expansion through improvements in the investment climate and ease of doing business is more crucial.
“The most important thing is ensuring that growth continues to increase year by year,” he said.
The government is targeting economic growth of 6 percent this year and aims to accelerate it further next year. To achieve this, Purbaya said authorities will continue refining investment policies and ensuring a more business-friendly environment.
He reiterated that any intervention to stabilize the rupiah remains the responsibility of Bank Indonesia.
“The government will stay focused on strengthening the real sector and maintaining policy consistency to achieve strong and sustainable growth,” he said.
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