House and Govt Agree on Macroeconomic Assumptions in the 2027 Draft State Budget

RRI.CO.ID, Jakarta – Commission XI of the Indonesian House of Representatives, along with the Indonesian government, agreed on the basic macroeconomic assumptions and development indicators for the 2027 Draft State Budget at the House of Representatives building in Jakarta on Wednesday, September 2, 2026. This budget agreement has drawn the attention of international financial markets as it projects a national economic growth target of 6.0 percent.

The decision-making forum agreed on a number of key macroeconomic indicators to maintain the stability of the domestic financial market. The inflation rate was set at 2.5 percent, while the rupiah exchange rate was pegged at Rp17,500 per USD.

The government also set targets for reducing poverty and open unemployment rates as part of its social development indicators. The target for creating new jobs is focused on absorbing up to 3.49 million workers across all regions of Indonesia.

Achieving these fiscal indicator targets will serve as the primary guideline for formulating future national budget policies. The government emphasizes that cooperation with Parliament will strengthen the public policy response to global economic dynamics.

“We express our highest appreciation and gratitude to the leadership and all members of Commission XI of the Indonesian House of Representatives for their solid support during a series of dynamic and constructive discussions on the macroeconomic assumptions for the 2027 Draft State Budget, which resulted in a strong commitment to steer the 2027 fiscal policy in a direction that is increasingly effective for accelerating growth and welfare,” the Minister of Finance stated.

These adjustments to the fiscal strategy are being made to anticipate potential global economic turbulence that continues to evolve. The government plans to incorporate all of Parliament’s recommendations into the final draft of the 2027 State Budget Bill.

This joint agreement is expected to boost international investors’ confidence in Indonesia’s economic fundamentals. Integrating growth targets with social welfare indicators remains a top priority for achieving national development goals.