At a Financial System Stability Committee press conference, Indonesia's Ministry of Finance said KSSK's assessment found the country's fiscal, monetary, and financial sector conditions remained stable in the first quarter of 2026 despite increased global financial market volatility linked to the escalation of conflict in the Middle East. The ministry also said Indonesia's economy grew by 5.61 percent in the quarter, while caution remains over possible pressures in the second quarter. Entering April 2026, the Middle East conflict remained the main factor affecting global financial markets, particularly through higher energy prices. KSSK will continue forward-looking assessments of economic and financial sector developments to mitigate risks from global uncertainty. The government said it will keep pushing toward its 2026 growth objective, noting a 6.4 percent target in the state budget and an aim to bring full-year growth close to 6 percent, while KSSK will continue strengthening policy coordination and vigilance to safeguard financial system stability.
Ministry of Finance (Indonesia) 2026-05-07
Indonesia's Ministry of Finance says KSSK assessment found fiscal monetary and financial sector conditions stable in the first quarter of 2026 despite global volatility
Indonesia’s Ministry of Finance reported that the Financial System Stability Committee (KSSK) assessed fiscal, monetary, and financial sector conditions as stable in the first quarter of 2026, despite heightened global market volatility from the Middle East conflict. The economy grew by 5.61 percent in the quarter, with authorities cautious about second-quarter pressures and committing to forward-looking risk assessments, strengthened policy coordination, and efforts to keep 2026 growth near 6 percent.