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Markets Doubt Government Optimism

Monday, April 27, 2026

Optimism from Jakarta is meeting skepticism in the markets. Confidence is slipping just as financing pressures begin to bite.

arsip tempo : 177879655276.

Ilustration: Tempo/Lukmannul Hakim. tempo : 177879655276.

IS Indonesia’s economy really on a sound footing? To listen to official statements, confidence is in ample supply. Finance Minister Purbaya Yudhi Sadewa has gone as far as to say the government declined a loan offer from the International Monetary Fund, arguing that Jakarta still has around US$25 billion in available funds.

Financial markets are not persuaded. It is highly unusual for the IMF to approach a country with an unsolicited lendi

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