Indonesia's COVID-19 Vaccination and Economic Resilience Strategy slide image

Indonesia's COVID-19 Vaccination and Economic Resilience Strategy

Jan-19 Mar-19 May-19 Jul-19 Source: Reuters and Ministry of Finance Sep-19 Nov-19- Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 May-22 Domestic Capital Market Performance Amid Global Challenges Despite the rising FFR, investors are still optimistic for a steady economic recovery, supported by positive external performance and growing domestic demand. 10900 TURK Most global stock indices remain in negative territory as the hawkish stance of major central banks is expected to continue. Stock Index Performance as of 16 December 2022 (compared to 31 Dec'21) The positive performance of the Composite Bond and Stock Index in December 2022, supported by Indonesia's resilient fundamentals. economic 92.05% BRAZ 360 INDO 11.02% 6.77% 340 SIN 0.71% THAI -4.70% 320 JPN -5.82% 300 US -9.70% MAL -10.30% 280 EU -11.52% 260 PHIL -16.71% CHIN -16.91% 240 HKN -24.18% (% YTD) S KOR -25.01% 220 WORLD -25.41% 200 Comp Bond Index Comp Stock Index (rhs) 8000 7500 7000 6500 6000 5500 5000 4500 4000 3500 3000 -40% -20% 0% 20% 40% 60% 80% 100% Jan-19May-19Sep-19Jan-20May-20Sep-20Jan-21May-21Sep-21 Jan-22May-22Sep-22 Government bond yields remained competitive, followed by a stable rupiah as the risk premium was maintained. The Net Asset Value (NAV) of equity mutual funds was stable with low volatility, reflecting a steady movement in the capital market. Yield (%) 10 5-yr Yield 10-yr Yield USD/IDR IDR Tn NAV Equity Mutual Funds JCI (rhs) 20-yr Yield IDR (rhs) 700 8,000 18,000 600 7,000 6 500 6,000 14,000 8 7 6 5,000 400 10,000 4,000 300 - 3,000 200 6,000 2,000 100 1,000 5 2,000 0 0 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21- Apr-21- Jul-21 Oct-21 Jan-22 Apr-22 Jul-22- Oct-22- 123
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