Minister: Govt Prepares 3 Strategies to Achieve 2027 Economic Growth Target

RRI.CO.ID, Jakarta – Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that Indonesia is targeting an economic growth rate of 6.0% and an inflation rate of 2.5% by 2027. He affirmed that three specific conditions must be met to reach this goal.

"For 2027, we are targeting 6.0% growth and 2.5% inflation. Three conditions must be fulfilled, which are investment growth that outpaces GDP growth, higher productivity per worker, and higher value-added exports supported by efficient logistics," Minister Airlangga explained at the HSBC Summit 2026: Mobilising Growth in a New Global Order, held in Jakarta on Tuesday, September 29, 2026.

Furthermore, to achieve the ambitious 8% economic growth target by 2029, the government is optimizing fiscal and monetary policy mixes while strengthening strategic sectors. The enhancement of these growth engines is specifically directed toward electric vehicles, digitalization, semiconductors, artificial intelligence, agriculture, and energy.

Four main strategies have been prepared through deregulation, investment reinforcement, workforce productivity enhancement, and the expansion of global market access. These measures are supported by the implementation of various international trade agreements to boost the competitiveness of national products.

Digital transformation and energy resilience have also been established as crucial foundations for strengthening the long-term economic structure. The development of an integrated digital ecosystem and the cultivation of professional talent are key drivers in realizing this vision of economic progress.

The global economy still faces high uncertainty, primarily driven by three major risks, which are energy and logistics, trade and investment, and financial markets. Amidst these conditions, several international institutions also project that global growth may experience a slowdown due to persistent challenges.

Amidst this global dynamic, Indonesia's economy continues to show solid performance. Economic growth in the first semester of 2026 reached 5.45% (yoy), ranking among the highest in G20 nations, while inflation in August 2026 was recorded at 3.19%. The poverty rate stood at 8.07%, the Gini ratio at 0.368, and the unemployment rate at 4.65%.

On the investment front, 50.2% of investment realization in the first semester of 2026 took place outside Java, demonstrating an increasingly wider distribution of national economic activity. Despite various external challenges, Indonesia has also managed to maintain its BBB credit rating with a stable outlook from S&P.