Indonesia Confident of Reaching 8% Economic Growth

Indonesia's Finance Minister Purbaya Yudhi Sadewa expressed confidence that the country's economy will reach 8 percent growth, supported by fiscal reforms, private sector investment, and export financing programs. Speaking at the Indonesia 2026 Science, Technology, and Industry Convention on June 28, the minister noted Indonesia achieved 5.61 percent growth despite global turmoil, signaling an accelerating economic engine. Purbaya outlined a gradual approach, targeting 6 percent growth initially before advancing further through coordinated fiscal, monetary, and real-sector policies, with Indonesia requiring Rp13.03 trillion in investment through 2029 to meet the 8 percent goal.