Purbaya: Wait Three More Years, Economy Will Edge Towards 8%

Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa is confident that the 8% economic growth targeted by the government can be achieved. Purbaya expressed this during the inauguration of the Planned and Periodic Investment Programme (PINTAR) for Mutual Funds and the opening of Mutual Funds Week 2026 at the Indonesia Stock Exchange on Monday (27/4/2026).

“So 8% growth, people might say is too high, but for me, it’s almost visible. In two years, three years, you’ll see it edging towards 8%,” Purbaya stated.

He is certain that Indonesia can grow to 6% by merely activating the private sector and government alone. According to him, this has become the initial capital. This initial capital will later be supplemented by gradual improvements in the economic structure.

“Now the government’s development programmes are monitored by Mr Erlangga, so it should be even faster,” he said.

Meanwhile, for the first quarter of 2026, Purbaya estimates that economic growth could reach 5.5%. This growth is quite high as it can be achieved amid economic turbulence like the current one.

“The first growth might reach 5.5% or above,” Purbaya said.

Meanwhile, economic growth in the second quarter is estimated to be at the 5.5% level.

“Amid unclear global economic turbulence, we can create fairly good domestic growth. And this will continue going forward,” he said.