The finance minister said the full year GDP growth this year was projected to hover between 5.6 and 6 percent despite the likelihood of a slowdown in the second quarter.
Financial Services Authority (OJK) chief Friderica Widyasari Dewi (left), Finance Minister Purbaya Yudhi Sadewa (second-left), interim Bank Indonesia (BI) governor Destry Damayanti (second right) and Indonesian Deposit Insurance Corporation (LPS) chairman Anggto Abimanyu pose for a photo in a press conference following the conclusion of Financial System Stability Committee (KSSK) meeting in Jakarta on Aug. 3, 2026. (JP/Deni Ghifari)
The government has projected that gross domestic product growth will reach a high level this year on the back of a set of policies, namely flooding the banks with liquidity, government spending and a consumer stimulus.Finance Minister Purbaya Yudhi Sadewa said the full-year GDP growth this year was projected to hover between 5.6 and 6 percent despite the likelihood of a slowdown in the second quarter that he forecast would be “not far from 5.4 percent”.
“But I’m sure that the second half growth will be better because we will firmly coordinate with the central bank to ensure that all engines of growth are functioning,” said Purbaya on Monday.
