Jakarta – The government is strengthening national economic mitigation measures following global geopolitical dynamics involving the United States, Israel, and Iran. This situation has increased volatility in global energy and financial markets. The government is responding with coordination across ministries and agencies to ensure macroeconomic stability and strong national resilience.
Strategic energy distribution routes, such as the Strait of Hormuz, are being intensively monitored to anticipate global supply disruptions. Strengthening energy reserves, managing inflation, and maintaining fiscal safeguards are part of the comprehensive strategy. These measures are aimed at maintaining public purchasing power, ensuring smooth distribution, and sustaining the momentum of national economic growth.
Chandra Wahjudi, Deputy Chair of Public Policy for the Indonesian Employers’ Association (Apindo), assessed that the government’s swift response provided certainty for businesses. “Responsive and coordinated policies are crucial to ensuring businesses continue to have room for expansion and confidence in carrying out their activities,” he said.
He added that strengthening macroprudential policies and maintaining financial system stability through synergy between Bank Indonesia and the Ministry of Finance of the Republic of Indonesia requires continued synergy. He believes that managing exchange rate risk, strengthening capital structures, and maintaining corporate liquidity are strategic steps to strengthen the resilience of the real sector.
From a monetary perspective, Bank Indonesia reaffirmed its commitment to maintaining rupiah exchange rate stability amid rising global risk-off sentiment. Head of the Monetary and Securities Asset Management Department at Bank Indonesia, Erwin Gunawan Hutapea, emphasized that the monetary authority continues to monitor market dynamics and respond in a timely manner. “We ensure the rupiah exchange rate moves in line with its fundamentals and maintains financial system stability,” he emphasized.
Intervention instruments such as Non-Deliverable Forward (NDF) transactions, spot, and Domestic Non-Deliverable Forward (DNDF) transactions are optimized to reduce excessive volatility and maintain market confidence.
Meanwhile, Hasanuddin Wahid, a member of Commission XI of the Indonesian House of Representatives (DPR RI), emphasized the importance of fiscal discipline in maintaining a balance between short-term stability and long-term transformation. “The state budget must be both an instrument of protection and an engine of change,” he explained.
With solid synergy between monetary and fiscal policies, the government demonstrates its readiness to face global dynamics in an adaptive and measured manner. A swift, coordinated, and fundamentally-based response ensures Indonesia remains resilient, stable, and competitive, maintaining sustainable national economic growth.
