Eddy Soeparno Optimistic About Indonesia's Economic Growth Above 5% in 2026

Indeed, all countries in the world will be affected by the war in the Middle East, which has not yet ended. Global economic growth will undoubtedly be disrupted due to severe disturbances in the energy supply chain,” said Eddy in his statement on Monday (13/4/2026). “However, unlike other countries, Indonesia is also an exporter of natural resources such as coal, palm oil, nickel, tin, and others that are experiencing significant price appreciations,” he continued. Eddy also conveyed that Indonesia is relatively self-sufficient in terms of electricity supply, where power to the industrial, commercial, and household sectors will almost certainly not be disrupted by import constraints on oil and gas and fuel. He explained that this is because Indonesia uses domestically sourced coal and gas for power generation. “Unlike, for example, Singapore, Japan, Korea, or other countries that require imports of gas and coal to avoid blackouts in their respective nations,” he stated. Nevertheless, he did not deny that the current state budget’s fiscal space is quite tight. In his view, amid rising fuel prices that are vital for the national economy, particularly in the industrial, transportation, and household sectors, the finance minister needs to be very careful in allocating the budget to maintain public purchasing power and economic growth. “Finally, we also need to anticipate even higher price increases for raw materials like plastic and fertiliser, which will cause food and processed food prices to surge. If fertiliser prices rise, the prices of rice and vegetables will automatically be adjusted,” he explained. “Similarly, if plastic prices continue to soar, the prices of instant noodles, bottled drinking water, household goods like buckets, water hoses, cooking utensils, and others will also become more expensive,” he added. Eddy believes that in this disrupted global economic condition, the government will continue to strive for strong social safety nets for those in need and control inflation so that public consumption remains undisturbed. “I also invite the public to participate in saving on subsidised energy use, for example, so that these savings can then be allocated to our brothers and sisters who need it more,” he concluded.