Minister Purbaya Says Economy Remains Resilient Amid Geopolitical Pressures
Indonesia's economy is projected to grow by 5.11 percent in 2025, with the deficit maintained at 2.92 percent and the budget deficit at 2.81 percent.
Jakarta - Finance Minister Purbaya Yudhi Sadewa affirmed that Indonesia's economy remains resilient despite ongoing geopolitical pressures and global uncertainties. He explained that rising geopolitical tension impacts global supply chains and redefines multilateral economic cooperation. Moreover, global volatility heightens the prospect of economic slowdown, financial market strain, and reduced investment.
Despite this challenging backdrop, Purbaya highlighted Indonesia's economic growth of 5.11 percent in 2025, with deficits remaining at 2.92 percent and 2.81 percent of GDP. He expressed gratitude for the country's economic stability amidst turmoil. Purbaya credited this success to fiscal policies that also support public welfare, evidenced by a decline in unemployment and poverty rates last year.
The unemployment rate stood at 4.85 percent in August 2025, lower than the 4.91 percent recorded in the same period in 2024. Poverty rates also fell to 8.25 percent in September 2025, down from 8.57 percent in the same period in 2024.
Purbaya credited the accomplishments to the collaborative efforts of all stakeholders involved in developing Indonesia. He emphasized the significance of hard work and cooperation in achieving Indonesia's goal of becoming a developed, just, and civilized nation. Furthermore, Purbaya mentioned that the government remains open to proposals and recommendations from the DPR factions in the Bill on Accountability for the Implementation of the 2025 State Budget.
He stated that the government is committed to implementing these inputs according to regulations and laws.
Written by urgent.news from Tempo.co English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
