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Indonesia approves 6% economic growth target for 2027 budget
Indonesia's House Commission XI has approved the macroeconomic assumptions for the 2027 State Budget Draft (RAPBN). The primary target is an economic growth rate of 6% year-on-year.
Key fiscal assumptions include an inflation rate of 2.5%, a Rupiah exchange rate of Rp17,500 per US dollar, and a 10-year State Securities (SBN) interest rate of 6.9%. The budget deficit is projected at Rp671.2 trillion, representing 2.40% of GDP.
To achieve these targets, Minister of Finance Purbaya Yudhi Sadewa emphasized the need to accelerate investment growth to 7%. This strategy relies on collaboration between the government, the private sector, and Danantara to drive investment in strategic sectors and downstreaming.
The Commission also mandated quarterly reporting from relevant institutions, including the Ministry of Finance, Bappenas, Bank Indonesia, and the Financial Services Authority (OJK), to ensure transparent and accountable fiscal management.
Entities
Bank Indonesia · DPR RI · Indonesia · Komisi XI DPR RI · Mukhamad Misbakhun · Otoritas Jasa Keuangan · Purbaya Yudhi Sadewa
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The 2027 budget assumes an annual inflation rate of 2.5%.
- [○ 1 SOURCE] The 2027 budget deficit is set at Rp671.2 trillion, or 2.40% of GDP.
- [DISPUTED] The Indonesian House Commission XI approved a 6% economic growth target for 2027.
- [● 2 SOURCES] The 2027 state budget assumes a Rupiah exchange rate of Rp17,500 per US dollar.
- [○ 1 SOURCE] The DPR requires the government to report macroeconomic developments every three months.
- [● 2 SOURCES] Minister of Finance Purbaya Yudhi Sadewa stated that investment growth must accelerate to 7% to reach the 6% economic target. ulasan.co · www.medcom.id