January 27, 2026 | 06:09 pm
TEMPO.CO, Jakarta - Finance Minister Purbaya Yudhi Sadewa said Indonesia's financial sector remained stable during the fourth quarter of 2025, according to the Financial System Stability Committee (KSSK) report on Friday, January 23, 2026.
"The fiscal, monetary, and financial sectors during the fourth quarter of 2025 are stable, supported by coordination and policy synergy between state authorities," said Purbaya during a press conference at the Ministry of Finance office, Jakarta, on Tuesday, January 27, 2026.
But he spoke about how the global financial market grew volatile in January 2026 due to trade dynamics and geopolitical tensions.
The economic conditions during the last quarter of 2025 were also influenced by the trade tensions between the United States and China, as well as the more aggressive interest rate cuts by The Federal Reserve. The Fed itself had cut the benchmark rate by 50 basis points in the fourth quarter of 2025 to a range of 3.50-3.75 percent.
This year, Purbaya said, US tariffs and vulnerabilities in the global supply chain still loom over global economic growth. Meanwhile, US economy prospects seem to be improving, driven by investments in the technology sector, including intellectual property and fiscal stimuli in the form of tax cuts.
Based on these developments, KSSK is committed to monitoring and performing forward-looking assessments of the economic conditions and financial sector. "At the same time, we will make coordinated mitigation efforts between KSSK member institutions and with other ministries or agencies," said Purbaya.
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