April 21, 2026 | 08:25 am

TEMPO.CO, Jakarta - Finance Minister Purbaya Yudhi Sadewa said Indonesia is shifting its development focus not only to maintaining stability, but also toward more productive, value-added growth and the creation of quality jobs.
In an official statement received in Jakarta on Monday, April 20, 2026, Purbaya said the transformation is driven by three main pillars: investment, industrialization, and productivity.
“We are encouraging downstream industries, strengthening the manufacturing sector, and improving human resources and efficiency. Going forward, Indonesia’s growth will not only be stable, but also more productive, sustainable, diversified, and resilient,” Purbaya said during a series of agendas at the IMF-World Bank Spring Meeting held on April 13–17 in Washington, DC, United States.
In addition, Purbaya said Indonesia’s current economic performance remains relatively strong compared to G20 countries and other developing nations. This is supported by solid growth, low inflation, as well as well-maintained deficit and debt ratios.
This resilience is inseparable from the role of the state budget (APBN) as a shock absorber in protecting people’s purchasing power. The Ministry of Finance also continues to maintain fiscal discipline below the 3 percent deficit limit against Gross Domestic Product (GDP).
“Indonesia will optimize the synergy of fiscal and monetary policies, as well as leverage Danantara’s role in mobilizing investment outside the state budget,” he said.
Furthermore, during the IMFC Restricted Breakfast Meeting, Purbaya expressed optimism that Indonesia’s economy could achieve growth of 5.4 to 6 percent in 2026, despite ongoing global tensions.
This optimism is supported by a solid national economic foundation. While many countries are experiencing slowdowns, Indonesia’s economy grew by 5.11 percent in 2025.
In addition, Indonesia’s trade balance recorded a surplus of US$1.27 billion in February 2026, extending its surplus trend to 70 consecutive months.
This positive performance is supported by strong household consumption, controlled inflation, a maintained fiscal deficit, a low debt-to-GDP ratio, and the continuation of downstreaming policies.
Nevertheless, Purbaya emphasized that the government remains vigilant toward global dynamics, including tensions in the Middle East that could affect energy prices.
The government has prioritized building fiscal buffers to absorb price shocks and ensure the stability of subsidized fuel to protect people’s purchasing power.
In response, the government will continue to promote state spending efficiency and accelerate long-term structural transformation, including strengthening downstreaming programs.
Read: IMF Praises Indonesia as 'Bright Spot' in Global Economy, Says Purbaya
Click here to get the latest news updates from Tempo on Google News
Indonesia Announces Major Oil and Gas Discovery in Ganal Block
13 jam lalu

The Ministry of Energy and Mineral Resources (ESDM) estimates the potential of the gas reserves to reach around 5 trillion cubic feet (Tcf) and 300 million barrels of condensate.
Schedule of Indonesia Team for 2026 Thomas and Uber Cup
16 jam lalu

The Indonesian badminton team prepares for the 2026 Thomas and Uber Cup in Horsens, Denmark. Check the group stage schedule from April 24 to May 3.
Indonesia's IDX Introduces Liquidity Providers to Boost Trading
16 jam lalu

In the initial stage, the Indonesia Stock Exchange implements the first quotation conducted by Phintraco Sekuritas.
Indonesia's Identity System 20 Years Behind Malaysia, Says Lawmaker
16 jam lalu

The House Commission II Chair urges the Indonesian government to accelerate the Single Identity Number (SIN) implementation.
Indonesian Police Bust Syndicate Selling Fake US Dollars as 'Macau Dollars'
21 jam lalu

Indonesian Police revealed the circulation of fake US dollars sold as Macau dollars. Five suspects were arrested, with one supplier still at large.
Indonesia Miss AFF U-17 Semifinals After 0-0 Draw vs Vietnam
23 jam lalu

Indonesia failed to advance to the semifinals of the 2026 AFF U-17 Cup after finishing third in the group following a 0-0 draw against Vietnam.
Indonesia Assures Food Stocks Safe Amid El Nino Threat
1 hari lalu

The Minister of Agriculture Andi Amran Sulaiman stated that the El Nino Godzilla phenomenon is predicted to hit Indonesia for six months.
Indonesia Mulls Adding 24 More Rafale Jets to Fleet
1 hari lalu

This plan, if realized, will add 24 Rafale fighter jets to the existing order of 42, bringing the total to 66 units for Indonesia.
Indonesia Fuel Prices Rise as Pertamina, BP Increase Diesel Rates
1 hari lalu

Indonesian state-owned oil company Pertamina and BP are increasing their fuel prices since Saturday, April 18, 2026.
Indonesia Foils 21.9 Kg Meth Smuggling Operation in Riau
1 hari lalu

A joint team of Indonesian Customs and Excise and the police foil the smuggling of 21.9 kilograms of meth in a hotel in Riau province.
2 jam yang lalu
English (US) ·
Indonesian (ID) ·