Jakarta - Member of the Indonesian House of Representatives from the\nGolkar Party faction, Bambang Soesatyo, is optimistic that economic\ngrowth in the first quarter of 2026 can reach 5.6 percent. He even\nbelieves that in the coming years, Indonesia\u2019s economy is capable of\ngrowing up to 8 percent.<\/p>\n
He noted that signs of economic strengthening are already visible\nfrom maintained macroeconomic stability, solid domestic consumption, and\nincreasing investment in the downstream and value-added manufacturing\nsectors.<\/p>\n
\u201cI am optimistic and in line with what Finance Minister Purbaya\nconveyed in his scientific address at the University of Indonesia\ngraduation ceremony, expressing confidence that Indonesia\u2019s economy can\nbreak through 8 percent. With healthy fiscal consolidation, a controlled\ndeficit, and a relatively manageable debt-to-GDP ratio of around 38-39\npercent, there is still ample room for Indonesia\u2019s economic growth,\u201d\nBamsoet said in a written statement on Sunday (2\/15\/2026).<\/p>\n
The remarks were made while attending the graduation ceremony of his\ndaughter, Belliza Shintya Putri, from the Faculty of Social and\nPolitical Sciences (FISIP) at the University of Indonesia on Saturday\n(2\/14).<\/p>\n
Furthermore, the 15th Chairman of the People\u2019s Consultative Assembly\n(MPR) explained that data from the Central Statistics Agency (BPS)\nrecorded Indonesia\u2019s economic growth throughout 2025 at above 5 percent.\nHousehold consumption was the main driver, contributing more than half\nof gross domestic product (GDP). Additionally, investment grew steadily,\nparticularly in the mineral processing sector, the electric vehicle\nindustry, and the development of new industrial zones outside Java. The\ntrade balance also continued to record surpluses that strengthened\nforeign exchange reserves while supporting the stability of the rupiah\nexchange rate.<\/p>\n
\u201cIf we can maintain the growth trend above five percent and gradually\nincrease industrial productivity, 8 percent becomes a reasonable target.\nWe have a demographic bonus, abundant natural resources, and a large\ndomestic market. It is simply a matter of ensuring policies remain\nconsistent and supportive of long-term growth,\u201d he explained.<\/p>\n
The Golkar Party Deputy Chairman and Deputy Chairman\/Head of the\nNational Defense Agency of FKPPI explained that on the monetary side,\nBank Indonesia projects solid economic growth in 2026 with inflation\ncontrolled within the target range. He said price and exchange rate\nstability provide room for businesses to expand. The government is also\ncontinuing to accelerate the downstream program through\ncross-ministerial coordination, including under the Coordinating\nMinistry for Economic Affairs, to ensure the economic transformation\nprocess proceeds in a structured and sustainable manner.<\/p>\n
\u201cThe 8 percent growth must be high-quality and equitable. We want\nindustries to develop, job opportunities to expand widely, public\npurchasing power to increase, and regions to share in the benefits of\ndevelopment. With a clear policy direction and the support of all\nelements of the nation, I am confident Indonesia can enter its take-off\nphase toward becoming an advanced economy,\u201d he concluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/bamsoet-optimistic-indonesias-economic-growth-can-exceed-target-1771163367", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }