OJK Values National Financial Sector Remains Stable amid Global Risks

Chairman of the OJK Board Frederica Widyasari Dewi (Photo: VOI Doc)

JAKARTA - The Financial Services Authority (OJK) stated that the stability of the national financial services sector remained maintained until February 2026.

The Acting Chairman and Deputy Chairman of the OJK Commission Board, Friderica Widyasari Dewi, said that the development of global and domestic conditions showed a positive direction for the Indonesian economy and financial sector.

"The OJK Monthly Board of Commissioners meeting on February 25, 2026 assessed that the stability of the financial services sector remained maintained," he said in a press conference for the OJK Board of Commissioners Meeting, Tuesday, March 3.

The woman, who is familiarly called Kiki, explained that the global economy still showed relatively good performance, along with the strengthening of the world's manufacturing sector and the trend of recovering consumer confidence.

However, he conveyed that the increase in geopolitical tensions and geoeconomic fragmentation at the beginning of 2026, including in the Middle East region as well as the dynamics of funding policies in the United States, were downside risks that could potentially increase the volatility of the global financial market.

"The economy in the United States in the fourth quarter of 2025, was observed to grow 1.4 percent, far below market expectations. Inflationary pressures are rising again and market expectations for the interest rate hike in the middle of the year are starting to decline with the tendency of higher interest rate policy for longer," he explained.

Kiki said that in the Asian region, China's economy still faces domestic demand pressures amid the ongoing property sector crisis, although external performance still recorded a surplus.

Meanwhile, on the domestic side, he said that Indonesia's economy in the fourth quarter of 2025 grew solidly by 5.39 percent year-on-year, so that in 2025 as a whole recorded growth of 5.11 percent.

"Headline inflation increased mainly due to the low base effect of the previous year. The consumer confidence index is still in the optimistic zone, although it shows moderation and manufacturing activity remains in an expansion phase in 2026," he explained.