Gotrade News - Indonesia's Finance Minister Purbaya Yudhi Sadewa conducted a US roadshow on Monday, April 13, 2026. He met with major global investment institutions across New York and Washington DC.
The minister presented Indonesia's macroeconomic fundamentals and fiscal policy direction to the investors. The government is targeting 5.5% economic growth in the first quarter of 2026.
Key Takeaways:
- Purbaya met HSBC GAM, Lazard AM, BlackRock, Lord Abbett, and TD AM in the US on April 13, 2026.
- Global investors were not skeptical of Indonesia's economic fundamentals but sought clarification on negative narratives circulating in the market.
- Investors agreed the government's fiscal direction is correct and felt rating agencies acted too quickly with negative outlooks.
Purbaya described the meetings as an effort to build confidence among global institutional investors. "We explained our economic conditions and fiscal strategy so they trust our fiscal policy is moving in the right direction," he said at the Peninsula Hotel in New York on Tuesday, April 14.
The investors who attended responded positively to the minister's presentation. Several expressed interest in investing in Indonesia following the direct briefing from the government.
Purbaya clarified that investor concerns were not rooted in doubt about Indonesia's fundamentals. "They're not doubtful, but they've heard some noise about our fiscal issues and wanted to verify this isn't accurate," he said, as quoted by Bloomberg Technoz.
The negative narratives in circulation had created unnecessary anxiety among some market participants. The roadshow was designed to provide first-hand clarification directly from the finance ministry.
Participants at the meetings concluded that the government's fiscal direction is on the right track. They also expressed the view that rating agencies moved too quickly in issuing negative outlooks on Indonesia.
BlackRock, one of the world's largest asset managers, was among the key institutions that Purbaya met during the roadshow. The inclusion of such high-profile names signals strong institutional attention toward Indonesian sovereign assets.Maintaining foreign investor confidence is critical as global economic uncertainty remains elevated. Roadshows of this nature send a clear signal that Indonesia is committed to fiscal discipline and transparent communication.
Sources:
- Finance Minister Purbaya Meets Global Investors in US, Including BlackRock - Kumparan Bisnis, 14 Apr 2026
- Purbaya US Roadshow, Meets BlackRock and HSBC - Bloomberg Technoz, 14 Apr 2026
