Jakarta – The government continues to strengthen strategic measures to maintain stability and encourage national economic growth towards 2026.
Amidst global economic uncertainty, the direction of national economic policy is considered increasingly coordinated, measurable, and focused on execution, thereby fostering optimism among the business world and the public regarding Indonesia’s economic prospects.
Trimegah Sekuritas Indonesia Chief Economist, Fakhrul Fulvian, believes 2026 will be a crucial year for the national economy.
He observed that coordination between fiscal authorities and the government was increasingly solid, resulting in clearer direction for economic policies and a more synchronized approach compared to previous years.
“Policy coordination is now increasingly measured and cohesive. This is a crucial asset for the government in maintaining the momentum of economic growth,” said Fakhrul in a dialogue with a private radio station in Jakarta.
Amidst the dynamics of the global economy, Fakhrul believes the government’s active presence is a key factor.
The government is not only providing space for the private sector but also demonstrating a commitment to sharing economic risks to ensure a more balanced and sustainable recovery and growth process.
Indonesia’s economic growth target for 2026 of 5.4–5.6 percent is considered realistic.
Fakhrul said the target is in line with the government’s increasingly responsive, adaptive, and domestically oriented policy direction.
“With increasingly targeted policies and strong government support, this growth target is still very possible to achieve,” he said.
He explained that the risk-sharing scheme between the government and banks is an important instrument for encouraging financing to the real sector.
Banking liquidity is considered adequate, and with the support of government policies, financing distribution is expected to increase further.
“The government’s role in strengthening credit guarantees will make banks more confident in disbursing financing,” he explained.
Beyond the financial sector, Fakhrul also assessed the government’s accelerated state spending since the beginning of the year as a strategic step to maintain economic activity. Timely government spending is believed to maintain business expectations, improve cash flow, and encourage more equitable economic activity.
The government is also seen as continuing its efforts to expedite the settlement of payment obligations, particularly to business actors in the construction and infrastructure sectors, as part of efforts to maintain business sustainability and strengthen private sector confidence.
Fakhrul emphasized that 2026 is a crucial phase for economic policy execution. He believes the government is increasingly focused on implementing policies that have a real impact on society and the national economy.
In facing global economic changes, the government is considered right in prioritizing strengthening the domestic economy and maintaining people’s purchasing power.
Economic recovery is also expected to be more evenly distributed, especially in regions that receive government spending support and have a strong economic base.
On the other hand, Fakhrul emphasized that efforts to eradicate corruption remain an important part of the government’s agenda, along with encouraging economic activity, to achieve healthy, inclusive, and sustainable national economic growth.