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Macroeconomics

Indonesian Government Says Economic Fundamentals are Solid Despite Extended Protests

September 01, 2025, 11.03 AM | Source: Reuters
Indonesian Government Says Economic Fundamentals are Solid Despite Extended Protests

ILUSTRASI. Chief economic minister Airlangga Hartarto said the economy was fundamentally solid and would get a boost from a planned incentive package, promising to "minimise the impact" on the economy of the protests, in which at least eight people have died

MACROECONOMICS - JAKARTA. Indonesia's financial and economic regulators on Monday said economic fundamentals were strong after widespread political protests sparked selling of stocks and the currency.

The main stock index fell more than 3% in opening trades before regaining some of the losses. The rupiah, which fell 0.9% against the dollar on Friday as the protests escalated, firmed slightly on Monday morning after the central bank vowed to defend the currency.

Read Also: Indonesian Groups Call Off Protests on Monday, Citing Heightened Security

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