Jakarta (ANTARA) - Minister of Finance Purbaya Yudhi Sadewa has expressed confidence that Indonesia’s economy will grow by six percent in 2026, higher than this year’s rate of around five percent.
"In my projection, the economy will grow at a more favorable rate; maybe it will expand by about six percent," he told the media in Jakarta on Sunday.
Purbaya noted that his optimism stems from the government's success in formulating and carrying out policies that have proven effective in stimulating economic performance.
"We will remain on the right track if we continue to carry out existing policies," the state treasurer said.
He highlighted that the economic growth rate stands at 5.7 percent in the fourth quarter of 2025, adding that Indonesia is poised to record even higher growth without compromising fiscal discipline.
“The fiscal deficit (relative to GDP) remains below three percent, keeping it within safe limits. Rest assured, I will not deviate from the principle of fiscal prudence,” he assured the public.
On November 7, the minister emphasized that effective management of the State Budget (APBN) supported 5.04 percent economic growth in the third quarter of this year, reflecting stable economic fundamentals.
He said the favorable rate generated 1.9 million new jobs and reduced unemployment to 7.46 million, lowering the open unemployment rate from 4.91 percent in August 2024 to 4.85 percent a year later.
Household consumption rose 4.89 percent year-on-year (yoy), supported by increased mobility, expanding digital transactions, and government policies that strengthened purchasing power, while government consumption climbed 5.49 percent, driven by a 19.3 percent rise in spending on goods and a 9 percent increase in personnel expenditure.
Additionally, investment—measured by gross fixed capital formation—grew 5.04 percent yoy amid strong business confidence in national economic prospects and the government’s commitment to nurturing a more conducive investment ecosystem.
