Global Economic Weakening Does Not Shake Indonesia’s Growth Optimism
Jakarta, – Amidst the slowing global economic pressure, Indonesia continues to show resilience and optimism in facing the challenges of the world economy. With global growth estimated at only 2.4% according to the World Bank, Indonesia is still targeting economic growth of 5.2% in 2025, reflecting high confidence in the fundamentals of the national economy.
Finance Minister Sri Mulyani Indrawati said that the Indonesian economy showed strong resilience. “Household consumption continued to grow by 4.82 percent, the manufacturing sector increased by 4.64 percent, and investment or Gross Fixed Capital Formation (PMTB) rose by 4.4 percent. This shows that despite high pressure from abroad, our economy remains solid,” she said.
Bank Indonesia (BI) also plays an important role in maintaining monetary and exchange rate stability amid external turmoil. BI Governor Perry Warjiyo stated that his party will continue to maintain a balance between encouraging economic growth and maintaining price stability.
“Interest rate policy will remain accommodative but careful, adjusted to global and domestic dynamics,” he said.
Meanwhile, Coordinating Minister for Economic Affairs Airlangga Hartarto added that Indonesia’s economic growth will be driven by the acceleration of industrial downstreaming, digital transformation, and strengthening the MSME sector and the development of Special Economic Zones (KEK).
“Investment entering the KEK last year reached IDR82.6 trillion and created almost 43 thousand jobs. This is real proof that government policies are on the right track,” said Airlangga.
On the other hand, the results of the Ipsos survey showed that 82% of Indonesians remain optimistic that economic conditions this year will be better than the previous year—the highest figure in Asia Pacific. This optimism is also triggered by the rapid digitalization of the economic sector, especially MSMEs and e-commerce which are expected to contribute transactions of more than IDR1,000 trillion in 2025.
Although economic growth in the first quarter of 2025 slowed slightly to 5.11%, observers consider this to be still within healthy limits and reflects the adaptation of the national economy to global dynamics.
With various positive indicators and support from responsive fiscal and monetary policies, Indonesia has shown strong resilience and remains on a sustainable growth path. The government is optimistic that through cross-sector synergy and targeted policies, Indonesia will not only be able to survive but also grow stronger amidst global uncertainty.
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