Indonesia economy resilient, projected to grow up to 6 percent: KSSK

Indonesia's Financial System Stability Committee projects the economy will grow 5.6–6.0 percent in 2026, supported by coordinated fiscal and monetary policy and planned stimulus measures including incentives for electric vehicles and motorcycles, Finance Minister Purbaya Yudhi Sadewa said Monday in Jakarta. Growth moderated slightly to an estimated 5.4 percent in the second quarter due to external pressures including Middle East conflicts and elevated oil prices, but officials expect momentum to resume in the second half. State spending surged 17.8 percent year-on-year through mid-2026 to 1.66 quadrillion rupiah, while tax revenue climbed 24.6 percent, underpinning fiscal performance.