Indonesian Political, Business & Finance News

Misbakhun: 5.61% Economic Growth Proves Indonesia's Resilience

| Source: ANTARA_ID Translated from Indonesian | Economy
Misbakhun: 5.61% Economic Growth Proves Indonesia's Resilience
Image: ANTARA_ID

DPR RI Commission XI Chairman Mukhamad Misbakhun stated that Indonesia’s economic growth in the first quarter of 2026 reached 5.61% year-on-year, higher than the same period last year at 4.87%.

“In the midst of current global pressures, this 5.61% figure shows that our economy is quite resilient. This means that government policies are on the right track,” said Misbakhun in Jakarta on Tuesday.

According to him, this achievement reflects the resilience of the national economy amid global pressures due to geopolitical uncertainties and energy price fluctuations.

He assessed that this figure is one of the highest growth rates post-pandemic and is above the growth assumption range in the state budget.

Misbakhun explained that household consumption remains the main driver of growth, particularly driven by the Ramadan and Eid al-Fitr momentum. In addition, recoveries in the trade, processing industry, mining, and transportation sectors also supported economic performance.

“The energy price momentum provides a boost, but it also brings risks to inflation and fiscal matters. Here, policy roles must be precise,” he said.

He emphasised that this achievement is the result of consistent fiscal, monetary, and financial sector policies in mitigating the impact of global conflicts, including the energy crisis.

“Pressures on the rupiah and foreign exchange reserves must be anticipated because they show we are still very much influenced by global conditions,” he said.

He also called on the government to continue maintaining people’s purchasing power amid inflationary pressures on energy and food, as well as encouraging investment and exports so that the growth structure does not rely solely on domestic consumption.

On the fiscal side, he stressed that the State Revenue and Expenditure Budget (APBN) must remain a credible and targeted instrument in maintaining economic stability.

“The APBN must be strong and flexible, but its use must be disciplined to maintain fiscal credibility,” said Misbakhun.

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