Indonesia's stock market and fiscal officials push reforms and transparency to boost investment
Jakarta – The Indonesia Stock Exchange (BEI) chief Jeffrey Hendrik said the market’s resilience rests on solid economic fundamentals, a large domestic market and ongoing transparency reforms by regulators and self‑regulatory organisations. He noted that “various reform steps … are part of a commitment to increase transparency, strengthen governance and build a more credible capital market,” and highlighted competitive valuation levels such as a price‑earnings ratio around 12.85.
At the same time, Finance Minister Purbaya Yudhi Sadewa addressed students at STAN, stressing that Indonesia’s global competitiveness depends on disciplined fiscal management and institutional integrity. He warned that “the world is changing… we must read the direction quickly, keep fiscal discipline, and be brave to improve governance,” and urged future public servants to guard the integrity of the state budget as a catalyst for private‑sector growth.
Both officials underscored that reforms in the capital market and public finance are essential to attract domestic and foreign long‑term investors and to sustain Indonesia’s economic growth.