Financial Wire

Market Chatter: Indonesia Says No to IMF Aid, Cites Strong Fiscal Buffer

-- Indonesia's Finance Minister Purbaya Yudhi Sadewa said the country does not need International Monetary Fund's (IMF) help to manage pressures arising from global uncertainty, citing sufficient domestic fiscal buffers, Bisnis reported Wednesday.

Purbaya said Indonesia has a strong budget position supported by a surplus cash balance of around 420 trillion rupiah, which provides room to absorb external shocks, including those linked to geopolitical tensions, reportedly.

He added that while the IMF expects elevated global uncertainty to persist due to ongoing conflicts, Indonesia has adjusted its economic policy framework since late 2025 and is using the state budget as a shock absorber, including to stabilise fuel prices, the news outlet said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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