“Indonesia supports ongoing dialogue aimed at developing mutually beneficial trade and investment cooperation to create jobs, deliver shared benefits, and boost innovation and productivity for all countries,” Indrawati said in an Instagram post on Friday.
She noted that the meeting addressed the global economic outlook amid rising uncertainty, escalating tariff wars, and worsening geopolitical fragmentation.
Despite these challenges, she said the G20 remains committed to fostering collaboration and cooperation among member countries.
“I emphasized the importance of promoting fairer globalization and creating shared prosperity, where all nations can grow together without sacrificing their own interests,” she added.
Separately, Indrawati said Indonesia’s debt ratio remains one of the lowest among G20 countries — a strong indicator of the country’s economic resilience amid global volatility.
According to Bank Indonesia, the country’s external debt-to-GDP ratio stood at 30.6 percent in the first quarter of 2025.
Indrawati attributed the country’s macroeconomic stability to close coordination between the government’s fiscal policies and Bank Indonesia’s monetary strategies. This synergy, she added, has helped support steady growth while keeping inflation in check.
In the first quarter of 2025, Indonesia’s economy expanded by 4.87 percent year-on-year, although it contracted by 0.98 percent on a quarterly basis. Still, the year-on-year figure ranks among the highest in the G20.
Inflation also remained relatively low, reaching 0.19 percent month-on-month and 1.87 percent year-on-year in June.
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Translator: Arie Novarina
Editor: Anton Santoso
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