OJK Values Financial Sector Stability Remains Stable Until Semester I-2025

Chairman of the OJK Board of Commissioners Mahendra Siregar. (Photo: YouTube screenshot)

JAKARTA - The Financial Services Authority (OJK) assesses that the stability of the financial sector until the first half of 2025 will be maintained.

"That the OJK Monthly Board of Commissioners meeting on July 30, 2025, assesses that the stability of the financial services sector is maintained," said OJK Board of Commissioners Chairman Mahendra Siregar at a press conference at the July 2025 Monthly Board of Commissioners Meeting, Monday, August 4.

Mahendra mengungkapkan bahwa prospek ekonomi global turut membaik, didorong dalam laporan terbaru Dana Moneter Internasional (IMF) telah meningkatkan produksi pertumbuhan ekonomi dunia, termasuk Indonesia, untuk tahun 2025 dan 2026.

He said that this revision was driven by better global economic performance than expected in the first half of 2025, lower US reciprocal rates from the previous levels, improved global liquidity, and more accommodative fiscal policies.

In addition, he added that the tension of the trade war had also begun to subside as the tariff agreement between the United States and a number of key trading partners was reached.

"In line with that, global economic indicators show an improving trend and are recorded above expectations, shown by increased global manufacturing and trade performance, as well as the release of growth in several major countries in the second quarter of 2025 such as the US and China which were better than previous expectations," he explained.

Mahendra menjelaskan, kondisi pasar keuangan global juga menguat, didorong oleh meningkatnya minatnya investor terhadap aset berisk-on sentiment dan menurunnya volatility, diikuti oleh aliran modal yang terus masuk ke negara berkembang, termasuk Indonesia.

Dari sisi domestik, Mahendra menyampaikan bahwa indikator permintaan masih stabil, tercermin dari inflasi yang rendah dan tren pertumbuhan uang beredar yang meningkat.

Sementara itu, ia menambahkan, indikator penawaran menunjukkan kondisi yang beragam, dengan neraca perdagangan tetap mencatat surplus dan cadangan devisa berada pada level tinggi, meskipun Purchasing Managers’ Index (PMI) manufaktur masih berada di zona kontraksi.

From the domestic side, Mahendra said that the demand indicator is still stable, as reflected in low inflation and an increasing trend of money growth in circulation.

Meanwhile, he added, the bidding indicator showed mixed conditions, with the trade balance still recording a surplus and foreign exchange reserves at a high level, although the manufacturing Purchasing Managers' Index (PMI) was still in the contraction zone.