{
    "success": true,
    "data": {
        "id": 1720548,
        "msgid": "yesterday-indonesias-economy-grows-5-61-percent-as-unemployment-declines-1778194566",
        "date": "2026-05-06 09:25:42",
        "title": "Yesterday, Indonesia's Economy Grows 5.61 Percent as Unemployment Declines",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's economy expanded by 5.61 percent year-on-year in the first quarter of 2026, supported by robust domestic activities, with GDP reaching Rp3,447.7 trillion at constant prices. Key developments include Rp70 trillion in micro-business loans disbursed under the KUR programme by early May, government incentives for 100,000 electric vehicles and motorcycles each, and a state budget deficit of 0.93 percent of GDP amid Rp574.9 trillion in revenues. Additionally, unemployment fell to 7.24 million people in February 2026, marking a slight decline from the previous year.",
        "content": "<p>Supported by domestic economic activities, Indonesia\u2019s economy grew\nby 5.61 percent in the first quarter of 2026.<\/p>\n<p>Jakarta (ANTARA) - Various economic events occurred on Tuesday (5\/5),\nranging from Indonesia\u2019s economy growing 5.61 percent in the first\nquarter of 2026 to BPS reporting a decline in the number of unemployed\nto 7.24 million people.<\/p>\n<p>Here is a compilation of economic news summarised by LKBN ANTARA for\nreview on Wednesday:<\/p>\n<p>BPS: Indonesia\u2019s Economy Grows 5.61 Percent in Q1 2026<\/p>\n<p>The Central Statistics Agency (BPS) recorded that Indonesia\u2019s economy\ngrew 5.61 percent (year-on-year\/yoy) in the first quarter of 2026, with\nGross Domestic Product (GDP) at constant market prices reaching\nRp3,447.7 trillion and at current market prices recorded at Rp6,187.2\ntrillion.<\/p>\n<p>\u201cSupported by domestic economic activities, Indonesia\u2019s economy grew\nby 5.61 percent in the first quarter of 2026,\u201d said BPS Chief Amalia\nAdininggar Widyasanti in Jakarta on Tuesday.<\/p>\n<p>KUR Disbursement to Micro Enterprises Reaches Rp70 Trillion by May\n2026<\/p>\n<p>Minister for Micro, Small, and Medium Enterprises (UMKM) Maman\nAbdurrahman stated that the disbursement of People\u2019s Business Credit\n(KUR) to the micro-business sector reached approximately Rp70 trillion\nby 3 May 2026, out of a total KUR realisation of Rp96 trillion.<\/p>\n<p>\u201cFrom the total KUR allocation of Rp96 trillion as of 3 May 2026,\naround Rp70 trillion was channelled to the micro-business sector,\u201d Maman\nsaid, quoted from an official statement in Jakarta on Tuesday.<\/p>\n<p>Finance Minister: Government Prepares Incentives for Electric Cars\nand Motorcycles<\/p>\n<p>Finance Minister Purbaya Yudhi Sadewa said the government will\nprepare incentives for electric vehicles (EV), detailing 100,000 units\neach for cars and electric motorcycles this year.<\/p>\n<p>\u201cThe first 100,000, if they run out, we will provide more\n(incentives). The scheme will be explained by the Minister of Industry\n(Agus Gumiwang Kartasasmita), and the Coordinating Minister for the\nEconomy (Airlangga Hartarto) will also detail it. The same applies to\nelectric motorcycles; we will provide the first 100,000,\u201d said Finance\nMinister Purbaya during the APBN KiTa press conference in Jakarta on\nTuesday.<\/p>\n<p>State Revenue Rp574.9 T, Budget Deficit 0.93 Percent in Q1<\/p>\n<p>Finance Minister Purbaya Yudhi Sadewa reported that state revenue\ncollected amounted to Rp574.9 trillion and state expenditure absorbed\nRp815 trillion, resulting in a State Revenue and Expenditure Budget\n(APBN) deficit of Rp240.1 trillion or 0.93 percent of GDP as of 31 March\n2026.<\/p>\n<p>\u201cThe deficit reached Rp240.1 trillion or 0.93 percent of GDP,\u201d said\nPurbaya during the APBN KiTa Edition April 2026 press conference at the\nMinistry of Finance office in Jakarta on Tuesday.<\/p>\n<p>BPS Reports Unemployment Falls to 7.24 Million People<\/p>\n<p>The Central Statistics Agency (BPS) stated that the number of\nunemployed in Indonesia reached 7.24 million people in February 2026,\nout of a total workforce of 154.91 million people.<\/p>\n<p>This figure represents a decline of around 35,000 people compared to\nthe same period the previous year.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/yesterday-indonesias-economy-grows-5-61-percent-as-unemployment-declines-1778194566",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}