inp.polri.go.id - Jakarta. The government is targeting national economic growth in the range of 5.8 percent to 6.5 percent in the Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF) for the 2027 Fiscal Year.

"With the right economic strategy and prudent and sustainable fiscal policy, the government is optimistic that our economy can grow strongly in the range of 5.8 percent to 6.5 percent in 2027," stated Finance Minister Purbaya Yudhi Sadewa on Wednesday (6/10/2026).

To address the still-uncertain global dynamics, the government has prepared several strategic policies.

These policies include maintaining the stability of subsidized fuel and food prices, ensuring the availability of energy and rice stocks, and controlling the State Budget (APBN) deficit to below 3 percent of Gross Domestic Product (GDP).

Furthermore, it will boost the efficiency of state spending, optimize natural resource-based revenues, provide stimulus to maintain public purchasing power, accelerate budget absorption, and strengthen the synergy of fiscal and monetary policies.

Thus, the basic macroeconomic assumptions for 2027 are set at: Economic growth of 5.8 percent to 6.5 percent, inflation of 1.5 percent to 3.5 percent, 10-year government bond interest rate of 6.5 percent to 7.3 percent, and exchange rate of IDR 16,800 to IDR 17,500 against the US dollar.

Meanwhile, the target price for Indonesian crude oil is US$70 to US$95 per barrel, with crude oil lifting at 602,000 to 615,000 barrels per day, and natural gas lifting at 934,000 to 977,000 barrels of natural gas equivalent per day.

The Minister of Finance stated that fiscal policy in 2027 will focus on driving higher economic growth while accelerating improvements in public welfare.

The 2027 fiscal posture is defined by a state budget deficit of 1.8 percent to 2.4 percent of GDP, state revenue of 11.82 percent to 12.40 percent of GDP, and state spending of 13.62 percent to 14.80 percent of GDP.

(ad/ndt/pr/rs)