Jakarta (ANTARA) – Indonesia’s Finance Minister Purbaya Yudhi Sadewa voiced confidence that the country’s economy will outperform the World Bank’s latest downgrade, insisting that strategic policies and investment stability will drive stronger growth.The World Bank this week lowered its forecast for Indonesia’s 2026 growth to 4.7 percent, down from 4.8 percent in its October 2025 outlook. “We must ensure the continuity of sound policies and that our financial system is prepared to support economic growth and investment,” Sadewa said on Thursday. Calling the revision “imprecise,” he expressed confidence that Indonesia’s economy will strengthen through the government’s efforts to maintain stability and encourage investmentHe added that the World Bank may revise its outlook once global crude oil prices stabilize.“The World Bank’s calculation took into account high oil prices. If prices return to normal levels within a month, I believe the World Bank will adjust its prediction,” he remarked.Sadewa further argued that the institution had not factored in President Prabowo Subianto’s strategies to sustain growth. “Perhaps the World Bank has no insight into my secret strategies, or those of President Prabowo,” he said.In its April 2026 East Asia and Pacific Economic Update, the World Bank cited external pressures—particularly rising oil prices and investor risk aversion—as drivers of Indonesia’s slowdown. It noted, however, that commodity revenues and government-led investment initiatives could help cushion the impact, with exports providing short-term resilience against energy price shocks.