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Finance Minister Says IKN Is Too Quiet, Bali Emerges as Strong Contender for Indonesia’s International Financial Center

Finance Minister Says IKN Is Too Quiet, Bali Emerges as Strong Contender for Indonesia’s International Financial Center

  • calendar_month Thursday, 2 Jul 2026
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JAKARTA – The Indonesian government is continuing discussions on the establishment of an International Financial Center (IFC) as part of its broader strategy to strengthen the country’s position as a global investment destination. Finance Minister Purbaya Yudhi Sadewa indicated that the new capital city, Nusantara (IKN) in East Kalimantan, is unlikely to become the location […]

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