RRI.CO.ID, Jakarta – The Financial System Stability Committee (KSSK), which consists of the Ministry of Finance, Bank Indonesia, the Financial Services Authority, and the Deposit Insurance Corporation, projects that Indonesia’s economic growth for 2026 will range from 5.6 to 6% year-on-year. This estimate was announced by Indonesian Finance Minister Purbaya Yudhi Sadewa, who serves as KSSK Coordinator, during a press conference following the KSSK’s third regular meeting of 2026 in Jakarta on Monday, August 3, 2026.

The agency, which has the mandate to prevent and manage crises, noted that economic growth in the second quarter of 2026 stood at around 5.4%, slightly below the initial target. Nevertheless, these dynamics are considered relatively under control amid global uncertainty, which has been triggered by a surge in global oil prices, international conflicts, and capital outflows.

He stated, “We predict that in the second half of the year, economic growth will recover to between 5.6% and 6%, with hard work, of course.”

For the second half of 2026, Purbaya stated that the KSSK is optimistic that economic growth will meet the target. To achieve this, several strategic steps will be taken.

“But I am confident that in the second half of the year, growth should improve. This is because we will coordinate more closely with the central bank to ensure that all engines of growth are running smoothly. We will also provide several stimulus measures for the economy. Shortly, if I’m not mistaken, a stimulus package for electric cars and motorcycles will be announced. The President will make the announcement,” he said.

Besides providing these electric vehicle stimulus, the government is also preparing other strategic steps, such as maintaining adequate financial liquidity, improving the investment climate, and strengthening coordination with the Central Bank. On the other hand, the acceleration of central government spending in the second semester is expected to proceed more smoothly in order to accelerate the sustainable recovery of the national economy.

Purbaya explained, “We will also ensure that government spending in the second half of the year runs more smoothly than in the first half, especially compared to the second quarter of this year.”