TEMPO.CO, Jakarta - Indonesia's Finance Minister, Purbaya Yudhi Sadewa, stated that several key indicators show that the country's economic growth continues to strengthen and move inclusively. According to him, this is reflected in the Manufaktur Purchasing Managers Index (PMI) at an expansive level of 50.0. Furthermore, the growth of the economy's liquidity (M0) is at 14.8 percent annually (year-on-year), and the banking credit growth is at 11.5 percent (annually).
Purbaya made these statements during a scientific lecture at Nankai University, Tianjin, China. "Most crucially, this robust economic growth translates directly into an improvement in the real welfare of the wider community through the improvement of the labor market," Purbaya said in an official statement on Saturday, June 20, 2026.
Purbaya stated that Indonesia's external position is also supported by a trade balance surplus that has been sustained for 72 consecutive months, as well as foreign exchange reserves amounting to US$ 144.9 billion, equivalent to 5.6 months of imports and government external debt payments.
He added that the strong economic growth is also reflected in the improvement of the labor market. The creation of around 1.9 million new jobs has successfully reduced the open unemployment rate to 4.68 percent in 2026. Meanwhile, the poverty rate decreased from 8.57 percent in September 2024 to 8.25 percent in September 2025.
Purbaya also outlined that the government has established eight clusters of national priority programs to translate development strategies into tangible results. These priorities include food sovereignty, energy and water independence, education, health, as well as infrastructure, housing, and disaster resilience development.
In addition, the Indonesian government is accelerating structural transformation through downstream and industrialization programs, strengthening the people's economy and rural development, as well as poverty alleviation through social assistance and integrated job creation.
These efforts are supported by the strengthening of the defense and security sector, law enforcement, governance, digitalization, and economic diplomacy to support inclusive and sustainable development.
According to Purbaya, these developments show that Indonesia's economic growth is not only reflected in macroeconomic indicators but also impacts the creation of jobs, the reduction of poverty rates, and the improvement of community welfare.
Read: Indonesia's US$1 Billion Panda Bonds Plan: What to Know
Click here to get the latest news updates from Tempo on Google News
Indonesia's US$1 Billion Panda Bonds Plan: What to Know
2 hari lalu
Indonesia is preparing a US$1 billion Panda Bonds issuance to diversify funding sources.
How Purbaya Secured Rp301.8 Trillion in AIIB Funds
3 hari lalu
Indonesian Finance Minister Purbaya kicked off his investment roadshow to China on June 16, 2026.
Indonesia Secures US$17 Billion Development Funding From AIIB
3 hari lalu
The funding forms part of a multi-year rolling pipeline that has been jointly discussed with the Beijing-based multilateral lender.
Prabowo is the Problem
4 hari lalu
The market is punishing presidential policies that defy economic logic. It is time to put an end to wasteful government projects.
Indonesia's Purbaya to Woo Chinese Investors on Panda Bond
5 hari lalu
Purbaya Yudhi Sadewa is set to embark on a roadshow in China to promote yuan-denominated debt instruments, or Panda Bond.
Govt, DPR Agree to Raise 2027 State Revenue Target
9 hari lalu
In a previous meeting between the DPR and the government, the lower limit for state revenue had been set at 11.82 percent of the GDP.
How Purbaya Views the Consumer Shift to Pertalite
9 hari lalu
Finance Minister Purbaya commented on the possibility that consumers will shift to purchasing subsidized-fuel Pertalite following Pertamax price hike.
Purbaya Says He Will Follow Prabowo on MBG Efficiency Plan
10 hari lalu
Purbaya said the government has not yet disclosed the scale of any potential reduction in the program's funding needs.
What Are the Key Terms Outlined in Indonesia's 2027 Fiscal Framework?
10 hari lalu
Economic growth in 2027 is targeted at 5.8-6.5 percent, while the rupiah exchange rate is within 16,800-17,500 range.
Indonesians Urged to Sell Dollars to Rescue Rupiah
10 hari lalu
House Deputy Speaker Sufmi Dasco Ahmad urges the public to sell US dollars to stabilize the rupiah, which recently hit an all-time low of Rp18,201.
:strip_icc():format(jpeg)/kly-media-production/medias/4016804/original/046265400_1652067919-KPK_4.jpeg)
:strip_icc():format(jpeg)/kly-media-production/medias/5518245/original/007067800_1772495256-1.jpg)
