{
    "success": true,
    "data": {
        "id": 1697447,
        "msgid": "purbaya-government-enters-survival-mode-to-maintain-high-growth-and-purchasing-power-1777006317",
        "date": "2026-04-24 06:38:48",
        "title": "Purbaya: Government Enters 'Survival Mode' to Maintain High Growth and Purchasing Power",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "Finance Minister Purbaya Yudhi Sadewa has announced that the Indonesian government is shifting to a 'survival mode' in managing the economy amid global pressures, focusing on aggressive measures to achieve up to 8% growth as directed by President Prabowo Subianto. This includes forming task forces to secure state revenues and expenditures, tackling forest encroachments, and prioritising infrastructure development, energy security, and regional economic growth to sustain domestic consumption, which drives 90% of the national economy. Despite challenges, projections from the Asian Development Bank and IMF forecast Indonesia's 2026 growth at around 5.1-5.2%, highlighting the nation's resilience similar to its performance during the 2009 global crisis.",
        "content": "<p>JAKARTA - The government is changing its approach to managing the\neconomy amid global pressures. Finance Minister Purbaya Yudhi Sadewa\nstated that policy directions are no longer proceeding as usual but have\nentered a \u2018survival mode\u2019 to keep growth high. \u201cI want to explain that\nin the President\u2019s mind, we are now in a survival situation, so it\u2019s not\nbusiness as usual,\u201d he said at the PT SMI 2026 Symposium in Jakarta.\nThis approach, according to Purbaya, aligns with President Prabowo\nSubianto\u2019s directives to optimise all national resources to pursue an\neconomic growth target of up to 8 per cent. In this situation, the\ngovernment is beginning to deploy various instruments more aggressively,\nincluding forming several task forces to secure state revenues and\nexpenditures, while also improving the business climate. \u201cSo if you\nlook, there is the Satgas PKH (Forest Area Regulation Task Force) where\nencroachments and deviations in forest areas are being addressed; that\nis a serious step by the President,\u201d he explained. According to Purbaya,\nthe government is no longer allowing half-hearted policies. \u201cI emphasise\nhere that we are in survival mode. Everything must be carried out to the\nmaximum. No more messing around,\u201d he stressed. On the policy side, the\ngovernment continues to promote priority programmes such as\ninfrastructure development, strengthening energy resilience, and\nregional economic development. Budget efficiency and increasing\nindustrial capacity are also priorities, including through downstreaming\nand developing export-based chemical sectors. To maintain stability, the\ngovernment is also accelerating energy source diversification to avoid\ndependence on one or two suppliers amid global disruption risks. \u201cIf all\nthis runs smoothly, investments will come in, and job opportunities will\nalso open up,\u201d said Purbaya. Around 90 per cent of the national economy,\nhe said, is still driven by domestic consumption. Therefore, maintaining\npeople\u2019s purchasing power is key to keeping the economy growing amid\nglobal pressures. As a comparison, Purbaya recalled that during the 2009\nglobal crisis, Indonesia still managed to grow by 4.6 per cent when many\ncountries experienced contraction. Meanwhile, Indonesia is projected to\ncontinue growing in 2026. The Asian Development Bank remains optimistic\nin forecasting Indonesia\u2019s 2026 economic growth between 5.1 per cent and\n5.2 per cent. Similarly, the IMF also sets Indonesia\u2019s 2026 economic\ngrowth at 5.1 per cent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-government-enters-survival-mode-to-maintain-high-growth-and-purchasing-power-1777006317",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}