Economic Growth Remains Strong, Purbaya Says The State Budget Becomes Support In The Third Quarter Of 2025

Minister of Finance Purbaya Yudhi Sadive. (Photo: ANTARA)

Minister of Finance Purbaya Yudhi Sadive said Indonesia's economic growth could be maintained in the third quarter of 2025 at the level of 5.04 percent (yoy) with domestic demand and strong export performance, resilient investment, and optimization of government spending.

"Realization in the third quarter shows that the APBN is managed effectively, strengthened in close coordination with the monetary authority and the financial sector. The state budget plays a role in maintaining people's purchasing power and supporting the performance of the business world to be more competitive, especially at the global level," he said in his statement, Thursday, November 6.

Furthermore, he said, the development of economic activity at the beginning of the fourth quarter which was still expansionary plus policy strategies in the last quarter of this year is believed to be able to maintain economic growth in 2025 according to the target.

"Fiscal support is also provided through the prudent placement of Rp200 trillion in state treasury to ensure adequate economic liquidity, including non-fiscal support for debottlenecking for the sake of sustainable higher investment realization," he said.

According to him, efforts to maintain purchasing power and support the performance of the business world continue to be carried out by optimizing spending through the stimulus program of IDR 34.2 trillion and 8 acceleration programs worth IDR 15.7 trillion in the fourth quarter of 2025.

Purbaya added that investment and higher-value exports were strengthened through Danantara's role in leveraging the contribution of the private sector, as well as debottlenecking with the establishment of a Task Force for the Acceleration of Government Strategic Programs (P2SP Task Force).

With the latest data developments, he continued, plus efforts to optimize fiscal roles as enablers for economic activity and non-fiscal policies for a better business climate,

Pemerintah optimistis ekonomi untuk keseluruhan tahun 2025 akan mencapai target 5,2 persen.

“Pemerintah terus mendorong agar mesin pertumbuhan ekonomi berjalan lebih cepat. Kebijakan fiskal, sektor keuangan, dan iklim investasi yang sehat akan terus disinergikan untuk menciptakan pertumbuhan tinggi. Tidak hanya tinggi, namun juga stabil dan dapat menciptakan pemerataan kesejahteraan masyarakat yang berkelanjutan,“ tutupnya.

The government is optimistic that the economy for the entire year 2025 will reach the target of 5.2 percent.

The government continues to encourage the engine of economic growth to run faster. Fiscal policies, the financial sector, and a healthy investment climate will continue to be synergized to create high growth. Not only high, but also stable and can create an equitable distribution of people's welfare that is sustainable," he concluded.