Jakarta (ANTARA) – Indonesia has been singled out by the International Monetary Fund as a “bright spot” in the global economy, Finance Minister Purbaya Yudhi Sadewa said, citing strong fundamentals and credible policy management despite mounting global uncertainty.“The IMF lauded Indonesia as a bright spot in the global economy due to its strong economic fundamentals,” Purbaya said in a statement on Monday after meeting IMF Managing Director Kristalina Georgieva.During the meeting, Purbaya emphasized Indonesia’s solid fiscal position and sufficient budgetary buffers to withstand external shocks, as volatility persists across global markets.The IMF also praised Indonesia’s policy credibility and consistency in maintaining macroeconomic stability, he added, underscoring confidence in Jakarta’s economic management.In a separate meeting with World Bank Group President Ajay Banga, Purbaya outlined structural reforms aimed at boosting productivity and competitiveness.These include accelerating industrial downstreaming, expanding digital infrastructure, and improving the investment climate to support Indonesia’s target of eight percent medium-term growth and its ambition to achieve high-income status by 2045.The government is also pursuing a more integrated strategy to strengthen micro, small, and medium enterprises (MSMEs), reduce labor informality, and expand higher value-added sectors such as services, to generate more inclusive and higher-quality employment.Purbaya highlighted ongoing efforts to restructure MSME financing systems while advancing energy transition initiatives, particularly through the development of geothermal and other renewable energy sources.According to him, the World Bank expressed readiness to support Indonesia’s development agenda through its Country Partnership Framework (CPF) and has invited Jakarta to submit priority programs in the near term.Purbaya attended the IMF–World Bank Spring Meetings, where he also held bilateral talks with key global counterparts, including Organisation for Economic Co-operation and Development Secretary-General Mathias Cormann, China’s Finance Minister Lan Fo’an, Poland’s Finance and Economics Minister Andrzej Domański, and Australian Treasurer Jim Chalmers, as Indonesia seeks to deepen cooperation amid global headwinds.