Finance Minister Purbaya Yudhi Sadewa is on a working visit to China to strengthen development financing and expand Indonesia’s investor base ahead of the government’s planned issuance of yuan-denominated Panda Bonds in July.
As part of the visit, Purbaya held a bilateral meeting with Chinese Finance Minister Lan Fo’an at the Ministry of Finance in Beijing on Wednesday (June 17, 2026). The meeting is part of Indonesia’s strategy to diversify financing sources, deepen economic cooperation with strategic partners, and strengthen investor confidence. Purbaya said the visit was part of the government’s long-term financing strategy, emphasizing that Indonesia continues to implement a disciplined and sustainable approach to meeting its development financing needs.
“This is part of a plan that has been formulated long before. The government continues to implement its financing strategy in a measured, disciplined, and long-term manner,” he said.
He also reaffirmed Indonesia’s strong economic fundamentals, citing a manageable debt-to-GDP ratio, a budget deficit within prudent limits, and resilient economic growth. According to Purbaya, investor confidence remains strong, as reflected in sustained demand for Indonesian government securities and stable macroeconomic conditions despite global uncertainty.
Following the meeting with the Chinese finance minister, Purbaya met with the leadership of the Asian Infrastructure Investment Bank (AIIB) in Beijing, where Indonesia secured a funding commitment of approximately US$17 billion for national development projects during the 2025–2029 period. The financing, which forms part of the Multi-Year Rolling Pipeline agreed with the AIIB, will support the implementation of key infrastructure and development projects over the next several years.
“Most importantly, we have successfully secured approximately US$17 billion in funding for development projects in Indonesia between 2025 and 2029. This represents a significant contribution to financing development projects in Indonesia,” Purbaya said in a press statement after the meeting.
In addition to the financing commitment, the AIIB expressed interest in establishing a representative office in Jakarta to strengthen cooperation and improve coordination in implementing AIIB-funded projects.
“The AIIB is also interested in establishing a branch office in Jakarta. We certainly welcome this initiative, and I hope the office will be operational by June next year,” Purbaya said.
The planned office is expected to further strengthen the strategic partnership between Indonesia and the AIIB while facilitating the implementation of future development programs. On the same occasion, Purbaya said the AIIB continues to maintain a high level of confidence in Indonesia’s fiscal condition.
During his visit, Purbaya is also scheduled to meet with 15 institutional investors. Five of them are among China’s largest fund managers, including Agriculture Bank of China, Zhong Ou Asset Management, and ICBC Wealth Management, as part of the government’s efforts to broaden Indonesia’s global investor base.
June 18, 2026, CNBC Indonesia (https://www.cnbcindonesia.com/news/20260618075917-4-743548/purbaya-kunker-ke-china-ini-hasil-pertemuannya-dengan-menkeu–aiib)