Commission XI And Government Approve Macro Assumptions In The 2025 RAPBN, Indonesia's Economy Is Set At 5.5 Percent

Rupiah (photo: dock. Antara)

JAKARTA - The government and Commission XI of the DPR RI have reached an agreement that the Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF) of the RAPBN for Fiscal Year 2025 must remain reliable policy instruments.

The government and Commission XI of the DPR RI have agreed on the basic macroeconomic assumption in the 2025 State Budget, namely economic growth of 5.1 percent-5.5 percent, inflation of 1.5 percent-3.5 percent, the rupiah exchange rate of Rp. 15,300 per US dollar-15,900 per US dollar.

Furthermore, the 10 year SBN interest rate is 6.9 percent-7.2 percent, the open unemployment rate is 4.5 percent-5 percent, the poverty rate is 7 percent-8 percent, extreme poverty is 0 percent, the Gini ratio (indeks) is 0.379-0.382, the human capital index is 0.56.

Then, the farmer's exchange rate index is 115-120, and the fishing exchange rate index is 105-108.

Meanwhile, in the 2025 KEM-PPKF file, it is targeted to increase the economy by 5.1 percent-5.5 percent, inflation by 1.5 percent-3.5 percent, the rupiah exchange rate by Rp. 15,300 per US dollar-16,000 per US dollar.

Furthermore, the 10 year SBN interest rate is 6.9 percent-7.3 percent, the open unemployment rate is 4.5 percent-5 percent, the poverty rate is 7 percent-8 percent, extreme poverty is 0 percent, the Gini ratio (indeks) is 0.379-0.382, the human capital index is 0.56.

Then, the farmer's exchange rate index is 113-115, and the fishermen's exchange rate index is 104-105.

Meanwhile, the determination of the target is in accordance with the results of discussions in the working committee between the Government and Commission XI of the DPR RI. The results of the Panja [discussion] can be ratified? Legitimate," said Chairman of Commission XI DPR RI Kahar Muzakir in a joint working meeting with the Government, Thursday, June 6.

Previously, Minister of Finance Sri Mulyani said that the 2025 State Budget was a transitional state budget to be implemented by the upcoming Government.

"Given that the 2025 State Budget is a transitional APBN to be implemented by the next Government, the 2025 PPKF KEM is also designed to maintain the continuity of the national development agenda, especially in order to realize the 2045 Golden Indonesia Vision," Sri Mulyani said at the DPR RI Plenary Meeting which was held on Tuesday, June 4.

Sri Mulyani explained that the 2025 State Budget will be a strong foundation to support the development agenda towards Indonesia Gold 2045. Even so, strong collaboration is still needed to realize these ideals.

"There are still many homework and development agendas that need to be handled and completed. Great aspirations to realize the 2045 Golden Indonesia Vision require strong collaboration from all components of the nation," he said.