Jakarta, June 19 -- The Indonesian government remains confident that the country will retain its "emerging market" status ahead of an upcoming global classification review, despite a recent criteria downgrade by global index provider MSCI Inc.

In its 2026 Global Market Accessibility Review, MSCI maintained Indonesia's emerging market status but downgraded its "Information Flow" score from positive to negative. Only Indonesia and Turkiye experienced the change, reflecting areas for improvement in stock ownership transparency and price formation.

Coordinating Minister for Economic Affairs Airlangga Hartarto said the report should not be seen as a setback, arguing it reflects ongoing progress in financial market reforms.

"MSCI's findings ...