Indonesia 2027 State Budget: Growth, Spending, and Revenue Targets
The Indonesian government has decided on a list of targets under 2027 State Budget.
Indonesia's 2027 state budget, themed "Higher Growth, Faster Prosperity," aims for significant economic growth and improved living standards. Finance Minister Purbaya Yudhi Sadewa warned of a complex global situation, but the government's experience in handling recent challenges will help it sustain the economy with a proactive policy response.
Key macroeconomic targets include a 6% economic growth rate, 2.5% inflation, a rupiah exchange rate of 17,500 per US dollar, and a 10-year bond interest rate of 6.9%. The government aims to increase state revenue to Rp3,426.0 trillion, with a 6.8% growth year-over-year, primarily through tax and non-tax revenues, as well as grants.
State expenditures are projected at Rp4,097.2 trillion, a modest 3.9% increase from the previous year, comprising Central Government Expenditure and regional transfers. The budget deficit is expected to be Rp671.2 trillion, representing a 2.40% decrease from the current target.
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