{
    "success": true,
    "data": {
        "id": 1719103,
        "msgid": "economy-grows-by-5-61-percent-purbaya-the-5-percent-curse-has-been-overcome-1777974832",
        "date": "2026-05-05 15:35:44",
        "title": "Economy Grows by 5.61 Percent, Purbaya: The 5 Percent Curse Has Been Overcome",
        "author": "Ahmad Fikri Noor",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's economy grew by 5.61 percent in the first quarter of 2026, surpassing the long-standing 5 percent threshold and marking a significant turnaround, according to Finance Minister Purbaya Yudhi Sadewa. Household consumption contributed 54.36 percent to GDP, while government spending surged 21.81 percent, driven by THR payments, goods and services expenditure, and social programs like free nutritious meals. This positive performance, bolstered by rising investments, offers hope for sustained economic recovery, though maintaining momentum throughout the year remains a key challenge for the government.",
        "content": "<p>Indonesia\u2019s economy recorded positive performance at the start of the\nyear. Economic growth in the first quarter of 2026 reached 5.61 percent\nyear-on-year (yoy), exceeding the trend that had persisted around 5\npercent. Finance Minister Purbaya Yudhi Sadewa views this achievement as\nan important turning point. He states that Indonesia is beginning to\nbreak free from the pattern of growth that has struggled to surpass the\n5 percent mark. \u201cIt is clear that we can escape the curse of 5 percent\ngrowth,\u201d Purbaya said during the APBN KiTa press conference on Tuesday\n(5\/5\/2026). He admitted to waiting tensely before the official data was\nannounced. However, the results exceeding expectations brought him\nrelief. \u201cOnce the target was achieved, I became more at ease,\u201d he said.\nData from the Central Statistics Agency (BPS) shows that household\nconsumption remains the main pillar of the economy, contributing 54.36\npercent to gross domestic product (GDP). Public spending activity is\nassessed to remain stable amid various global pressures. BPS Chief\nAmalia Adhininggar Widyasanti stated that the highest growth came from\ngovernment consumption, which jumped 21.81 percent in the first quarter\nof 2026. \u201cDriven by THR payments, goods and services spending, and\nprogrammes distributed to the public,\u201d said Amalia. She explained that\nthe disbursement of the 14th salary or holiday allowance (THR) as well\nas assistance programmes such as Free Nutritious Meals also strengthened\neconomic circulation in society. In addition, investment reflected in\nGross Fixed Capital Formation (PMTB) also contributed to growth. This\nincrease in investment indicates ongoing business activity and\ndevelopment. This early-year achievement gives hope to the public for\nthe continuity of economic recovery. However, maintaining the growth\nmomentum to remain stable throughout the year is the next task for the\ngovernment.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/economy-grows-by-5-61-percent-purbaya-the-5-percent-curse-has-been-overcome-1777974832",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}