April 16, 2026 | 10:57 am
TEMPO.CO, Jakarta – Indonesia’s Finance Minister Purbaya Yudhi Sadewa said a number of U.S. investors prefer placing funds in financial instruments such as bonds and equities, rather than committing to long-term direct investment.
The preference was conveyed after Purbaya met with 18 investors in Washington, D.C., on Tuesday, April 14, including representatives from Goldman Sachs and Fidelity Investments.
“They want to understand the direction of Indonesia’s growth policies and fiscal management, and assess whether these strategies are credible and sustainable,” Purbaya said in an official statement issued on Thursday, April 16, 2026.
According to Purbaya, global investors from the United States are showing stronger interest in portfolio investment instruments than in foreign direct investment (FDI). The instruments drawing attention include fixed income and equity products.
“Some are interested in fixed income, others in equities. This is mainly in the financial sector, not FDI,” said the minister, who has been in office since September 2025.
He added that because much of the interest is in listed assets, the inflows are likely to materialize in the near term. “So it should not take long before they enter Indonesia and help lift the capital market to a higher level,” he said.
A day before meeting Goldman Sachs and several major U.S. firms in Washington, Purbaya also held discussions with investors from global asset management companies in New York. Among those he met on April 13 were BlackRock, HSBC Global Asset Management, Lazard Asset Management, Lord Abbett, and TD Asset Management.
During the meetings, Purbaya outlined Indonesia’s macroeconomic conditions and the government’s fiscal management framework. He said U.S. investors responded positively and showed confidence in the country’s fiscal direction, which contributed to their investment interest.
The investors also raised a number of questions to clarify concerns about Indonesia’s current economic situation. According to Purbaya, some initially expressed skepticism after encountering reports suggesting weaknesses in fiscal management.
“So they want to make sure those concerns are not true and understand what our fundamental policies look like,” he said on Monday, April 13, 2026.
Read: Why the IMF Lowered Indonesia's Growth Forecast to 5%
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