D-Advisory Weekly Brief 19 January 2026

The week's highlights as spotlit in D-Advisory's Weekly Brief.

Economy: The 2026 budget tightens fiscal space through spending reallocation and lower regional deficits while globally, pervasive "Sell America" lifts capital flow volatility and FX risk.

Energy: Indonesia plans to cut 2026 coal production target to stabilize prices but may pose risks to producers.

Regulatory: Centralized export proceeds may boost FX liquidity but pressures exporters' cash flow, with new mandate for Minister of Finance to manage recomposition between rupiah and foreign currencies.

Politics & Governance: The Chromebook procurement case raises governance scrutiny while upcoming challenge against IKN Law reopens legal uncertainty over Indonesia's capital relocation.