Deputy Minister of Finance Juda Agung outlined three key strategies that the government has consistently implemented to sustain economic growth and improve public welfare amid ongoing global economic uncertainty.

The first strategy focuses on managing state spending. The government remains committed to preserving purchasing power and keeping inflation under control by maintaining subsidized fuel prices through increased subsidy expenditures. In addition, the Free Nutritious Meals Program has undergone efficiency measures, including the removal of Saturday implementation. At the same time, government spending is being directed toward productive sectors to stimulate economic growth, boost production capacity, and generate new employment opportunities.

Juda explained that the government is essentially realigning its spending priorities by emphasizing demand stimulation, supply enhancement, production expansion, and job creation.

The second fiscal strategy involves optimizing state revenue. The government seeks to maximize the benefits of elevated commodity prices while further strengthening tax revenue collection through the implementation of the Coretax system.

Meanwhile, the third fiscal strategy centers on financing. To reduce dependence on the U.S. dollar, the government is focusing on issuing debt instruments denominated in non-U.S. dollar currencies while maintaining competitive interest rates. These instruments include Samurai Bonds denominated in Japanese yen (JPY), Dim Sum Bonds issued in renminbi, and Kangaroo Bonds denominated in Australian dollars.

According to Juda, the effectiveness of these fiscal strategies is reflected in Indonesia’s economic performance during the first quarter of 2026, when the economy expanded by 5.61%. In addition, inflation remained under control at 2.42%, the fiscal deficit stood at 0.64% as of April 2026, and government bond yields remained stable.

Amid global economic uncertainty driven by tariff disputes and geopolitical tensions, Juda stated that Indonesia’s economy has demonstrated considerable resilience in absorbing the impact of these external risks. He argued that this resilience has been supported by an effective national energy mix and the successful implementation of sound fiscal policies.

Juda further noted that Indonesia benefits from a diverse range of energy resources, including oil, natural gas, biodiesel, bioenergy, and coal. This diversified energy composition, he said, provides the country with stronger resilience against surging global oil prices.