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Indonesia to Maintain 3% Deficit Limit, Plans Spending Cuts Amidst Oil Price Concerns (2026)

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Indonesia Prioritizes Fiscal Discipline Amidst Global Oil Price Volatility Jakarta – As geopolitical tensions in the Middle East continue to drive up global oil prices, the Indonesian government is taking a cautious approach to its 2026 budget, prioritizing fiscal discipline over increased borrowing. Finance Minister Purbaya Yudhi Sadewa has announced a one-month evaluation period to … Read more

Indonesia’s Economy Not ‘Morat-Marit’ – Finance Minister Reassures President Prabowo | 2026 Update

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Jakarta, Indonesia – Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, has moved to reassure both President Prabowo Subianto and the public that the nation’s economy is on solid footing, despite concerns circulating on social media – particularly on platforms like TikTok – suggesting otherwise. The Minister addressed these anxieties during a cabinet meeting on Friday, … Read more

Indonesian Politician Urges Prabowo to Host Celebration if Economy Hits 6% Growth

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“`html Indonesia’s Economic Outlook: Targeting 6% Growth in 2026 Indonesia’s Economic Outlook: Targeting 6% Growth in 2026 Indonesia is aiming for a robust economic growth of 6% in 2026, exceeding the initial government target outlined in the State Budget (APBN) of 5.4%. This optimistic⁢ projection, voiced by Finance Minister Sri Mulyani Indrawati, signals confidence in … Read more