RRI.CO.ID, Jakarta - Bank Indonesia (BI) has maintained its projection for Indonesia’s economic growth in 2026, supported by strong domestic demand despite renewed global uncertainty.

“BI estimates that Indonesia’s economic growth in 2026 will remain strong, ranging from 4.9 to 5.7 percent,” BI Governor Perry Warjiyo said during an online press conference following the central bank’s Board of Governors’ Meeting (RDG) in Jakarta on Wednesday, July 22, 2026, as quoted by Antara.

Perry noted that the national economy continues to demonstrate resilience amid rising external risks, including renewed tensions between the United States and Iran in early July 2026.

“Ship traffic through the Strait of Hormuz has once again been disrupted, affecting production and international trade supply chains, and driving up global oil and commodity prices,” he said.

He explained that Indonesia’s growth remains supported by robust domestic spending. Government expenditure has increased, boosted by accelerated disbursement of the 13th‑month salary for civil servants (ASN) and social assistance for Beneficiary Families (KPM).

Various stimulus measures -- including food aid, transportation fare discounts, meal programs, and national vocational training -- have also strengthened consumer purchasing power. Construction investment continues to grow through the National Priority Work Program (PKPN), though private investment still needs to be reinforced.

On the external front, BI emphasized the need to maximize export opportunities by leveraging high global commodity prices. The manufacturing, construction, transportation, and warehousing sectors are expected to remain key drivers of growth.

Although the global economy is projected to expand by only 3 percent, with inflation rising to 4.5 percent, BI stressed that coordination of monetary, macroprudential, payment system, and fiscal policies will continue to be strengthened to safeguard national economic stability. ***