Purbaya projects Indonesia Q2 2026 economic growth up to 5.7%

Indonesia's Finance Minister Purbaya Yudhi Sadewa projects national economic growth of up to 5.7% in Q2 2026. He said the government has room to boost activity as the quarter is only in April. Purbaya made the comments in Jakarta on April 24, 2026.

Finance Minister Purbaya Yudhi Sadewa assured that the government will push economic growth to 5.7% in Q2 2026. "We will push towards there (5.7 percent). It's not even end of April yet. There's still May and June. Once April data is clear, we'll see and give another push to the economy," he said in South Jakarta on Friday, April 24, 2026.

Purbaya stated that rising commodity prices, including crude palm oil (CPO), will not necessarily slow the economy. The impact depends on the scale of increases and their effect on public activity. He pledged to coordinate with relevant ministers to prevent major pressures.

If growth slows, Purbaya is prepared to provide stimulus from various angles. "If it slows, I will give stimulus from various sides. Could be fixing and strengthening the cash money again, or others," he said. He also opened the possibility of accelerating ministry/institution (K/L) spending realization.

Overall, policies will consider public conditions in line with President Prabowo Subianto's directive to remain pro-people. The government will optimize programs for real economic impact.

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Jakarta skyline with billboard announcing Indonesia's record 5.61% Q1 2026 GDP growth, highest in G20, amid celebrating officials and rising economic graphs.
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Indonesia's Q1 2026 economic growth hits 5.61 percent, highest in G20

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Indonesia's economy grew 5.61 percent in Q1 2026, the highest in five years and among G20 nations releasing data, according to BPS. Kadin, officials, and the Finance Minister praised the achievement amid global challenges. Growth was driven by household consumption, government spending, and investment.

Finance Minister Purbaya Yudhi Sadewa invited global investors to Indonesia while introducing the P2SP task force mechanism to resolve business obstacles.

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Finance Minister Purbaya Yudhi Sadewa urged the public not to panic amid uncertain global conditions, assuring that fiscal and state revenue positions remain safe. He highlighted a Rp 420 trillion Saldo Anggaran Lebih (SAL) as a layered defense. The decision to hold subsidized fuel (BBM) prices steady until the end of 2026 follows direct instructions from President Prabowo Subianto.

Finance Minister Purbaya Yudhi Sadewa announced plans to issue yuan-denominated global debt securities, known as panda bonds, in June 2026. The move aims to diversify sources of state budget financing and reduce reliance on a single country.

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Investment Minister Rosan Roeslani announced that downstream sector investment in the first quarter of 2026 reached Rp147.5 trillion, or 29.6 percent of the national total. This figure grew 8.2 percent year-on-year, led by nickel.

President Prabowo Subianto plans to increase budgets for law enforcement agencies including the KPK and Kejagung to strengthen oversight of the free nutritious meals program.

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Provisional GDP estimates released on Friday show 7.7 per cent growth for 2025-26. The figure exceeds the government's February prediction by 0.1 percentage points. Outlook for 2026-27 points to a slowdown.

 

 

 

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