Indonesia: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Indonesia

Economic growth remains strong despite adverse shocks. Inflation is well within its target band, and the financial sector broadly resilient. Downside risks stem from trade policy shocks, prolonged uncertainty, and global financial market volatility. Ensuring durable and high-quality growth will require a carefully calibrated policy mix, relying on strong guardrails and buffers to prevent the buildup of vulnerabilities, and deploying bold and sound structural reforms.