Indonesia Not Yet an NDB Member; Bakom RI Responds to BRICS Debt-Trap Concerns

Source: TribunNews.com | Original Published At: 2026-09-12 12:18:07 UTC

Key Points

• Indonesia became a full BRICS member in early 2025 but is not currently listed as a member or prospective member of the New Development Bank (NDB).
• Bakom RI stated that Indonesia's BRICS membership does not automatically bind the country to NDB financing.
• The government is completing internal processes to join the NDB and expressed support for strengthening the bank.
• Any future NDB financing for Indonesia would be assessed based on project needs, economic viability, financing structure, fiscal capacity, and prudent debt management.
• The NDB is a multilateral development bank established by BRICS countries to support sustainable development and infrastructure financing.
• The statement addressed debt-trap concerns linked to cooperation with major economies or economic groups closely associated with China.