APBN 2027 Focused on Accelerating Economic Growth, Targeted to Reach 6.5 Percent

Jakarta — Coordinating Minister for Economic Affairs Airlangga Hartarto said the Macro Economic Framework and the Core Policy Guidelines for Fiscal (KEM-PPKF) for the 2027 Budget Year have been prepared to accelerate national economic growth. He noted that the direction of the 2027 RAPBN is aimed at pushing the economy to grow faster than in the previous year. ‘The President has conveyed the Macro Economic Framework and the Core Fiscal Policy Guidelines for 2027 to the House of Representatives, and in drafting the 2027 State Budget the aim is to foster an economy that grows faster, higher,’ Airlangga said at a press conference in Jakarta on Wednesday (20 May 2026). The state’s expenditure is projected to reach 13.62 per cent to 14.80 per cent of GDP. Meanwhile, the budget deficit is targeted at 1.80 per cent to 2.40 per cent of GDP. The government projects 2027 growth in the range of 5.8 per cent to 6.5 per cent, higher than the 2026 APBN target of 5.4 per cent. Inflation is expected to be between 1.5 per cent and 3.5 per cent. The yield on 10-year Government Securities (SBN) is projected at 6.5 per cent to 7.3 per cent. That figure is weaker than the 2026 APBN assumption of Rp 16,500 per US dollar. Crude oil price is set at 70 to 95 US dollars per barrel. Oil lifting is projected at 602,000 to 615,000 barrels per day. Meanwhile, natural gas lifting is expected to reach 934,000 to 977,000 barrels of oil equivalent per day.