Indonesian Political, Business & Finance News

Purbaya Confident in Potential Economic Acceleration, First Quarter to be Decisive

| | Source: KOMPAS Translated from Indonesian | Economy
Purbaya Confident in Potential Economic Acceleration, First Quarter to be Decisive
Image: KOMPAS

JAKARTA - Finance Minister Purbaya Yudhi Sadewa assesses that Indonesia’s economic performance in the second quarter of 2026 has the potential to experience acceleration.

This assessment aligns with the implementation of government programmes, which are deemed to be proceeding in the right direction.

The government is still monitoring data on first quarter growth in 2026 as an initial indicator.

“If I look at the available data, it seems quite good in the first month. I think if it’s above 5.5, it’s clear that we’ve truly turned the economy around,” said Purbaya at the Ministry of Finance on Thursday (9/4/2026).

This achievement is considered to indicate that the economy is beginning to move towards a more positive trend.

He hopes this situation will drive a change in sentiment among business actors and investors.

“I hope that will change the sentiment of business actors, and we are confident that with the current development design, growth should be faster going forward. I also see that,” he continued.

The government is optimistic that the current development strategy can maintain growth momentum.

Economic acceleration is assessed to be possible in the medium term.

Several initial indicators are said to show improvement. The government is still awaiting the official release of first quarter data as confirmation.

In 2025, Indonesia’s economic growth was recorded at 5.11 per cent. Fourth quarter growth reached 5.39 per cent.

The poverty rate fell to 8.25 per cent. The Gini ratio improved to 0.363.

The open unemployment rate dropped to 4.74 per cent. Labour absorption reached 2.71 million people.

The government targets 5.4 per cent economic growth for 2026. Growth potential is estimated to reach 5.6 per cent.

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