Indonesia’s Economy Grows Positively, Among G20 Nations After India

  • 09 Apr 2026 09:58 WIB
  •  Voice of Indonesia

RRI.CO.ID, Jakarta – Coordinating Minister for Economic Affairs, Airlangga Hartarto, affirmed that Indonesia's current economic conditions remain stable and show a positive trend. He made this statement after attending a Government Working Meeting at the Presidential Palace in Jakarta on Wednesday, April 8, 2026.

He reported that Indonesia is noted to be in a fairly strong position. In the fourth quarter, Indonesia's growth was stable in the G20 after India.

“Overall, our economic conditions are good. And among G20 nations, we are behind India, with fourth-quarter growth at 5.39 percent,” he said.

Furthermore, Airlangga said that President Prabowo is fully committed to maintaining fiscal discipline. The government’s primary focus is on controlling the debt-to-GDP ratio and ensuring the budget deficit remains within safe limits.

Airlangga stated, “The President has committed to maintaining the debt-to-GDP ratio at 40 percent, even though the law allows for up to 60 percent. Likewise, the budget deficit will be kept at 3 percent and maintained at that level through the end of the year.”

He added that Indonesia’s economic achievements are supported by domestic consumption, which accounts for 54% of the Gross Domestic Product. Additionally, the achievements were also supported by secure rice stockpiles, budget savings through the B50 policy, and increased tax revenue.

“Our food security is also relatively strong. Rice production in 2025 is projected at 34.7 with Bulog stocks at 4.6 million tons. Additionally, we have agreed to implement B50 as of July 1, which enhances budget resilience through savings of 48 trillion rupiah and reinforces the state budget’s role as a shock absorber. Tax revenue has increased by 14.3 percent, or 462.7, as of March, and the manufacturing sector is also expanding,” he conveyed.

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