Indonesia
INDONESIA SEES Q1 GROWTH AT 5.5 PERCENT DESPITE GLOBAL RISKS
Coordinating Economic Affairs Minister Airlangga Hartarto on Thursday (9/4) expressed optimism that Indonesia’s economy will grow by at least 5.5% in the first quarter of 2026, supported by resilient domestic demand despite global uncertainties and risks stemming from the Middle East conflict. He added that full-year growth is expected to reach at least 5.4%, in line with the state budget assumptions. The government remains prepared to adjust its economic policies in response to evolving global conditions, particularly potential disruptions to energy prices and supply chains. While acknowledging possible fluctuations in global oil prices, Hartarto noted that Indonesia’s average crude purchase price is around USD 76 per barrel, and that fiscal impacts from price increases remain manageable due to offsetting factors such as export revenues and subsidy adjustments. Strong domestic fundamentals, especially household consumption—which accounts for about 54% of GDP—continue to underpin economic resilience. Fiscal performance has also improved, with first-quarter tax revenues rising significantly year-on-year, while the manufacturing sector remains in expansionary territory, reinforcing confidence in sustained growth momentum. Looking ahead, the government is preparing additional measures to support growth, including the rollout of the B50 biodiesel mandate in July 2026, which is expected to deliver substantial budget savings. Authorities also emphasised continued fiscal discipline, aiming to keep the debt-to-GDP ratio at around 40% and the budget deficit within the statutory limit of 3% of GDP through the end of the year.Source: https://en.antaranews.com/news/411832/indonesia-sees-q1-growth-at-55-percent-despite-global-risks (ICE GIACARTA)
Fonte notizia: Antara, 10 April 2026
