Indonesian Finance Minister Assures Stability Amid Exchange Leadership Changes
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indonesia’s Minister of Finance sought to reassure investors on Monday, February 2, 2026, following the recent resignations of key figures at the Financial Services Authority (FSA) and the Indonesia Stock Exchange (IDX). Purbaya Yudhi Sadewa emphasized the strength of the nation’s economic fundamentals and the robustness of its financial systems, aiming to quell concerns about potential disruption.
Leadership Transitions and System Resilience
The resignations of Mahendra Siregar, Chairman of the Board of Commissioners of the FSA, and Iman Rachman, President Director of the IDX, prompted anxieties about potential instability in the management of Indonesia’s stock market. though,the Finance minister dismissed these fears,highlighting the existence of automated systems designed to ensure a seamless transition. “They are afraid that there will be chaos in stock exchange management when the directors step down,” a senior official stated. “But the system is good enough, right? there is an automatic system that can instantly replace existing directors quickly.”
The official further asserted that the system’s effectiveness is already evident. “It’s going well. That proves the system is good enough.So there won’t be any disruption to the stock exchange,” they continued. this confidence in the existing infrastructure is intended to bolster investor confidence during a period of change.
Strong Economic Fundamentals to Drive Growth
Beyond the leadership transitions, the Minister underscored the underlying strength of the indonesian economy as a key factor supporting market stability. According to the official, investors consistently prioritize economic fundamentals when making investment decisions. “The economic fundamentals are good, I continue to improve them, they will continue to improve in the future,” the Minister affirmed.
A key focus is on achieving robust economic growth. The Minister expressed optimism about the potential for significant expansion, stating, “This year maybe the economy can grow. I can push it closer to 6%.” This projected growth is expected to translate into increased profitability for companies listed on the IDX. “The profits of listing companies will also increase. They should increase. You don’t need to worry,” the official added.
Investor Confidence and Market Outlook
The Minister’s statements are a clear attempt to maintain investor confidence in the Indonesian market. The emphasis on a functioning succession plan, coupled with a positive outlook for economic growth, aims to mitigate any negative impact from the recent leadership changes. The IHSG (Indonesia Stock Price Index) remains a key indicator of market health, and the Minister’s assurances are intended to support its continued performance.
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The overall message is one of stability and opportunity, reinforcing Indonesia’s position as an attractive destination for investment despite the recent shifts in leadership at critical financial institutions.
Why: The Indonesian Finance Minister,Purbaya Yudhi Sadewa,addressed investor concerns following the resignations of key leaders at the Financial Services Authority (FSA) and the Indonesia Stock Exchange (IDX). The goal was to prevent market disruption and maintain confidence.
Who: Key figures involved include Purbaya Yudhi Sadewa (Finance Minister), Mahendra Siregar (former FSA Chairman), and Iman Rachman (former IDX President Director). Unnamed senior officials also provided statements.
What: Mahendra Siregar and Iman Rachman resigned from their positions, raising fears of instability. The Finance Minister responded by emphasizing the strength of Indonesia’s economic fundamentals and the existence of automated systems to ensure a smooth leadership transition. The Minister also projected economic growth near 6% this year.
How did it end?: The situation ended with the Finance Minister publicly assuring investors that the Indonesian financial system is resilient and capable of handling the leadership changes.The Minister highlighted automated systems for succession and a
