Purbaya Says Economic Optimism Is Not Excessive, But Calculated

JAKARTA, KOMPAS.com – Finance Minister Purbaya Yudhi Sadewa affirmed that the government’s optimism about the national economy’s fundamentals is not a stance of excessive optimism. He said the optimism is based on measured calculations and policy steps. ‘It’s not over-optimistic; it’s a calculated move. We calculate our steps, look at their impact, and assess that we are likely to reach there,’ Purbaya said during Jogja Financial Festival or JFF 2026, on Friday (22 May 2026).

The growth is supported by household consumption, investment, and accelerated government consumption. ‘Now our economic engine is starting to move on both fronts—the government engine and the private sector engine. And we will keep driving this going forward,’ he said.

Purbaya also emphasised that the state budget – the Anggaran Pendapatan dan Belanja Negara or APBN – remains to be managed wisely and effectively. APBN management is directed to safeguard the momentum of economic growth while maintaining fiscal health. The budget deficit is still under control at 0.64 percent of GDP as of 30 April 2026. The deficit value reached Rp 164.4 trillion.

‘The deficit is not rising, but our economic growth is faster than designed. So we can manage the budget more efficiently and ensure the private sector is more alive,’ he added.

In addition, the government has formed a task force to accelerate the resolution of various investment obstacles. The task force holds regular sessions to discuss investment constraints.

On the same occasion, Purbaya also highlighted the high level of global investor confidence in Indonesia’s economy. That confidence is reflected in Indonesia’s issuance of global bonds, which continued to receive a positive response despite volatility in global financial markets.

According to Purbaya, investor interest in Indonesian debt securities demonstrates market confidence in the credibility of fiscal policy and the prospects of the national economy. Purbaya stressed that the government will continue to maintain synergies among fiscal, monetary, and financial sector policies. The synergy is aimed at strengthening stability and promoting inclusive and sustainable economic growth.