Prabowo to Attend DPR Plenary on 2027 Macroeconomic Framework and Fiscal Policy, Breaking Five-Year Tradition

JAKARTA, KOMPAS.com - The nineteenth plenary meeting of the Indonesian House of Representatives (DPR) in the Fifth Session of the 2025-2026 legislative year, on Wednesday 20 May 2026, will feel different as President Prabowo Subianto is set to attend. Prabowo is scheduled to deliver a speech in one of the plenary agendas, namely the presentation of the Macroeconomic Framework (KEM) and the Core Fiscal Policy (PPKF) for the RAPBN 2027. ‘Yes, that is the plan. So, for the delivery of the macroeconomic framework, and also the core fiscal policy measures to be delivered directly by the President,’ Deputy Speaker of the DPR Saan Mustopa said at the Parliament Complex, Jakarta, on Tuesday 19 May 2026. The nineteenth plenary session, which includes the KEM-PPKF for the RAPBN 2027, coincides with National Awakening Day. So, how has the plenary session with the delivery of the KEM-PPKF been in the last five years, which is usually presented by the Minister of Finance? Here is Kompas.com’s summary: The plenary session delivering the KEM-PPKF for the RAPBN 2021 was held on Tuesday 12 May 2020, and was presented by the Finance Minister Sri Mulyani. In her briefing, the theme of KEM-PPKF 2021 was prepared referencing the direction of development contained in the National Medium-Term Development Plan (RPJMN 2020-2024), set by Government Regulation (PP) No. 18 of 2020. ‘KEM-PPKF was prepared amid the Covid-19 pandemic, reflecting the high uncertainty due to the global spread of Covid-19, which to date cannot be confirmed and how to address it,’ Sri Mulyani said in her briefing. The pandemic situation and the high uncertainty required the government to prepare several potential scenarios for future economic development. ‘Therefore, the steps and policies to address the Covid-19 pandemic and its socio-economic impacts must continue to be strengthened and implemented effectively so that further deterioration can be minimised,’ Sri Mulyani explained. This is stated in the KEM-PPKF 2022 document, as the basis for formulating the 2022 RAPBN. The budget deficit set at 4.51 percent to 4.85 percent of GDP in 2022, equivalent to Rp 807 trillion up to Rp 881.3 trillion. These figures were lower than the 2021 deficit of 5.7 percent of GDP, or Rp 1,006.4 trillion.