KSSK Reveals Financial System Stability In The Third Quarter Of 2025 Stays Guarded

JAKARTA - The Financial System Stability Committee (KSSK) expressed that Indonesia's financial system stability in the third quarter of 2025 was still maintained amid global uncertainty.

This is based on the results of the KSSK Coordination Meeting conducted by the Ministry of Finance (Kemenkeu), Bank Indonesia (BI), the Financial Services Authority (OJK), and the Deposit Insurance Corporation (LPS).

Finance Minister Purbaya Yudhi Sadive revealed that the Stability of the Financial System (SSK) in the third quarter of 2025 was still in a maintained condition in supporting economic growth and amid the increasing global economic uncertainty.

"The financial system stability in the third quarter of 2025 is maintained in supporting economic growth by continuing to be aware of various global risks," Purbaya said at a press conference on the Financial System Stability Committee (KSSK) IV in 2025, Monday, November 3.

He conveyed that based on these results, he assessed that strengthening awareness of various risks would continue to be carried out and accompanied by an effective policy response.

Purbaya said that the Periodic Meeting of the Financial System Stability Committee (KSSK) IV in 2025 had been held on Friday, October 31, 2025.

He added that the results of the meeting also agreed on the importance of continuing to strengthen synergy and coordination of policies between members, as well as with other relevant ministries and institutions.

"The meeting agreed to continue to strengthen the synergy and coordination of policies between KSSK member institutions, as well as with other ministries or institutions in an effort to ensure that KSSK is always maintained while at the same time encouraging economic growth," he said.

World growth is still facing challenges due to the impact of the US import rate which causes uncertainty to remain high, but future economic improvement expectations are starting to strengthen.

"In the US, economic activity that is still weak has an impact on continuing to weaken the labor market so that the Fed declines, the Fed Fund Rate cuts by 25 bps in October 2025 to around 3.75 (percent) to 4 percent," he said.

Meanwhile, Europe, Japan, China, and India still appear to weaken, along with sluggish household consumption even though various simuluses have been awarded.

However, Purbaya said the IMF had revised upwards for global economic growth from 3 percent to 3.2 percent in the latest outlook in October 2025.

"Although still lower than in 2024, at the level of 3.3 percent driven by looser financial conditions due to US agreements with key countries, fiscal expansion in a number of countries and a decline in inflation," he explained.