Purbaya: Indonesia Shifts Focus to Productive and Sustainable Growth

Jakarta (ANTARA) - Finance Minister Purbaya Yudhi Sadewa has stated that Indonesia is shifting its development focus, not only to maintain stability but also towards more productive growth, with added value, and the creation of quality jobs. In an official statement received in Jakarta on Monday, Purbaya mentioned that this transformation is driven by three main pillars: investment, industrialisation, and productivity. “We are promoting downstream industries, strengthening the manufacturing sector, and improving human resources and efficiency. In the future, Indonesia’s growth will not only be stable but also more productive and sustainable, as well as more diversified and resilient,” said the Finance Minister. The statement was delivered as part of the IMF-World Bank Spring Meeting agenda from 13-17 April in Washington, DC, United States (US). 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 the synergy of fiscal and monetary policies, as well as utilise the role of Danantara in mobilising investments outside the APBN,” said the State Treasurer. In addition, at the IMFC Restricted Breakfast Meeting forum, the Finance Minister conveyed optimism that Indonesia’s economy is capable of achieving 5.4-6 percent growth in 2026, despite global tensions.