Maintaining Stability and Productive Economic Growth, Purbaya Outlines Indonesia's Three Main Pillars
Jakarta, VIVA – Finance Minister Purbaya Yudhi Sadewa explained that, in addition to maintaining stability, the government will shift the focus of national development to achieve more productive economic growth with added value and to create quality jobs.
Therefore, this transformation will be driven through three main pillars: investment, industrialisation, and productivity.
“We are promoting downstream industries, strengthening the manufacturing sector, and enhancing human resources and efficiency. Moving forward, Indonesia’s growth will not only be stable but also more productive and sustainable, as well as more diversified and resilient,” said Purbaya in his statement on Monday, 20 April 2026.
The statement was delivered as part of the IMF-World Bank Spring Meeting agenda from 13-17 April in Washington, DC, United States (US).
In addition, Purbaya stated that Indonesia’s current economic performance is relatively strong compared to other G20 countries and other developing nations. This is supported by solid growth, low inflation, and managed deficits and debt ratios.
This resilience is inseparable from the role of the state budget (APBN) as a shock absorber in protecting people’s purchasing power. His side is also maintaining fiscal discipline below the 3 percent deficit limit against gross domestic product (GDP).
“Indonesia will optimise policy synergies between fiscal and monetary measures, as well as utilise the role of Danantara in mobilising investments outside the APBN,” said Purbaya.
Furthermore, at the IMFC Restricted Breakfast Meeting forum, Purbaya conveyed optimism that Indonesia’s economy can achieve 5.4-6 percent growth in 2026, even amid global tensions.
This optimism is supported by the solid foundation of the national economy. While many countries are experiencing slowdowns, Indonesia’s economy still grew by 5.11 percent in 2025. In addition, Indonesia’s trade balance still recorded a surplus of 1.27 billion US dollars in February 2026, continuing the surplus trend for 70 consecutive months.
This positive performance is supported by strong household consumption, controlled inflation, managed fiscal deficits, low debt-to-GDP ratio, and the sustainability of downstreaming policies.
Nevertheless, the Finance Minister emphasised that the government remains vigilant against global dynamics, including tensions in the Middle East that could potentially affect energy prices. The government has prioritised building fiscal buffers to dampen price shocks and ensure the stability of subsidised fuel to protect people’s purchasing power.