Wednesday, 05 March 2025 21:41

OJK: Financial System Remains Stable Amid Economic Challenges

The Financial Services Authority (OJK) affirms that Indonesia’s financial sector remains stable and resilient amid global and domestic challenges. OJK Chairman Mahendra Siregar highlighted that while global economic growth is steady, inflation in major economies is easing, bringing a positive outlook. The U.S. economy remains strong, supported by domestic consumption and a solid labor market, while China’s economy, despite some slowdowns, continues its expansion. Market volatility persists, but Indonesia’s financial system remains well-managed, ensuring stability in uncertain times.  
Domestically, inflation is under control at 0.76% YoY in January, with core inflation at 2.26%, signaling stable demand. The Manufacturing PMI rose to 51.9, reflecting industrial growth, while Indonesia’s trade surplus surged to USD 3.45 billion, up 71.71% YoY, showcasing strong external performance. Despite some challenges in domestic demand, Indonesia’s economy remains on track for sustainable growth. OJK continues to reinforce financial stability and economic resilience, ensuring a positive outlook for the future.

Source:
https://money.kompas.com/read/2025/03/04/183800126/ojk--sistem-keuangan-terjaga-di-tengah-tantangan-ekonomi 

 

 

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