Indonesian Political, Business & Finance News

Yesterday: From Economic Growth Projections to Internship Allowance Reviews

| Source: ANTARA_ID Translated from Indonesian | Economy
Yesterday: From Economic Growth Projections to Internship Allowance Reviews
Image: ANTARA_ID

Jakarta (ANTARA) - Several economic news items aired yesterday are worth reading today, Saturday. From projections of economic growth in Q2 2026, to denials of rumours that state funds are left at Rp120 trillion, to the government reviewing pocket money in the internship programme. Here is a summary of the news: Purbaya projects economy in Q2-2026 to grow 5.7 per cent Finance Minister Purbaya Yudhi Sadewa projects national economic growth in Q2 2026 to reach 5.7 per cent. According to Purbaya, the government still has room to boost economic activity in Q2, considering the current period is only up to April 2026. Purbaya denies rumour of state funds remaining Rp120 trillion Finance Minister Purbaya Yudhi Sadewa has denied rumours claiming that state funds are currently only left at Rp120 trillion. Purbaya emphasised that funds from the State Revenue and Expenditure Budget (APBN) are still at an adequate level. Indonesia ranks second in countries resilient to global energy shocks according to JP Morgan Coordinating Minister for the Economy Airlangga Hartarto views the JP Morgan Asset Management report placing Indonesia as the most resilient country to energy shocks as reflecting national energy resilience. As known, the latest Eye on the Market report titled Pandora’s Bog: The Global Energy Shock of 2026, released on 21 March 2026, places Indonesia in second position among the most resilient countries to global energy volatility. ESDM offers 116 new oil and gas blocks to achieve production targets The Ministry of Energy and Mineral Resources is opening 116 new oil and gas blocks for global investors through the offering of oil and gas working areas to achieve production targets. “The government is also taking several strategic steps to achieve those production targets, including opening 116 new oil and gas blocks for global investors through the offering of oil and gas working areas as well as opening technological and operational collaborations in existing working areas through Ministry of ESDM Regulation Number 14 of 2025,” said Director General of Oil and Gas Laode Sulaeman in his official statement received in Jakarta on Friday. Labour Minister reviews sharing of internship participants’ pocket money contributions Labour Minister Yassierli said he is reviewing proposals regarding contributions to pocket money for National Internship participants, shared between the government and partner companies organising the programme. “We are reviewing to involve companies more actively, so there is already a proposal that the pocket money must have a shared contribution from the company, although not dominant,” said the Labour Minister during the closing of the 2025 National Internship Phase I, held hybrid in Jakarta on Friday.

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