JAKARTA — The government continues to strengthen its efforts to maintain stability and accelerate economic growth through an expansionary fiscal policy led by Minister of Finance Purbaya Yudhi Sadewa.
This approach signals a renewed sense of optimism amid global economic dynamics that have pressured many countries.
Minister of Finance Purbaya Yudhi Sadewa emphasized that the expansionary fiscal strategy is aimed at strengthening the foundation for sustainable growth.
“The State Budget (APBN) plays a key role in maintaining people’s purchasing power and supporting businesses to become more competitive at the global level,” Purbaya stated.
He explained that accelerated government spending and the placement of Rp200 trillion in state funds in Himbara banks (state-owned banks) have provided a tangible boost to domestic economic activity.
“The expansionary fiscal policy is directed toward reinforcing the foundations of growth — not only sustaining consumption but also creating new investment opportunities,” he asserted.
Indonesia’s 5.04 percent economic growth in the third quarter of 2025 stands as proof that the nation’s economic engine continues to move positively.
The government also recorded the creation of 1.9 million new jobs and a decline in the unemployment rate to 4.85 percent.
This growth has been driven by household consumption, investment, and an increase in exports of goods and services.
Member of Commission XI of the House of Representatives (DPR RI) from the National Awakening Party (PKB), Hasanuddin Wahid, popularly known as Cak Udin, viewed Minister Purbaya’s measures as highly strategic in maintaining fiscal stability while encouraging economic independence.
“The national target of 8 percent economic growth is not just a number. It requires concrete steps and precise strategies. The Finance Minister must be able to combine an expansionary yet prudent fiscal policy,” Cak Udin said in Jakarta.
He added that it is essential for the government to maximize domestic economic potential without relying excessively on foreign debt.
Meanwhile, Chairman of the Indonesian Association of Securities Analysts (Perkumpulan Analis Efek Indonesia), Dr. David Sutyanto, CSA, said that Minister Purbaya’s expansionary policy and close synergy with Bank Indonesia have sparked market optimism.
“The government is no longer holding back but has adopted an expansionary stance. The Rp200 trillion previously parked at Bank Indonesia has been shifted to state-owned banks to be disbursed as credit,” David explained.
According to him, this fiscal move marks the beginning of an expansionary economic era under President Prabowo Subianto’s administration — a new phase that brings hope for longer, more stable, and more inclusive economic growth for all Indonesians.