Misbakhun: 5.61% Economic Growth Shows Indonesia's Resilience and Government's Correct Path
JAKARTA - Commission XI Chairman of the House of Representatives, Mukhamad Misbakhun, assessed the achievement of 5.61% economic growth as proof that Indonesia is strong and the government is on the right track.
“In the midst of current global pressures, this 5.61% figure shows that our economy is quite resilient. This means that government policies are proceeding on the correct path,” Misbakhun stated in his remarks on Tuesday (5/5/2026).
According to this Golkar Party politician, the figure represents one of the highest quarterly growth rates post-pandemic, while also demonstrating the effectiveness of the government’s policy mix in mitigating external impacts.
Misbakhun noted that household consumption remains the main driver of growth, particularly boosted by the Ramadan and Eid al-Fitr momentum, followed by recoveries in the trade, processing industry, mining, and transportation sectors.
Furthermore, the energy sector’s contribution is still evident, although global price pressures need to be managed carefully.
“The energy price momentum provides a boost, but it also brings risks to inflation and fiscal matters. Here, the role of policy must be precise,” he said.
Nevertheless, he warned that external risks remain high.
Misbakhun exemplified the pressures on the rupiah, which weakened by around 3.88%, and the decline in foreign exchange reserves by USD 8.4 billion, indicating the strong global impact on the domestic economy.
“This must be anticipated. The pressures on the rupiah and foreign reserves show that we are still very much influenced by global conditions,” Misbakhun explained.
Misbakhun also emphasised the importance of maintaining people’s purchasing power amid energy and food inflation pressures, while ensuring growth remains inclusive.
Therefore, the government needs to encourage investment and exports so that the growth structure does not rely solely on domestic consumption.
Meanwhile, on the fiscal side, Misbakhun stressed that the state budget must remain a credible and targeted shock absorber amid global dynamics.
“The state budget must be strong and flexible, but its use must be disciplined to maintain fiscal credibility,” he added.
Indonesia’s economic growth in the first quarter of 2026 was recorded at 5.61% year-on-year, amid global conditions still seeking a new equilibrium.
“Indonesia’s economy grew well beyond expectations from various institutions, where in the first quarter our economic growth reached 5.61%,” stated Airlangga during the Q1 2026 GDP Growth Press Conference at the Coordinating Ministry for the Economy on Tuesday (5/5/2026).
“Our 5.61% growth is above several G20 countries, including China, Singapore, South Korea, Saudi Arabia, and the United States,” he added.