Indonesia aims for 5.5 percent growth as Finance Minister meets IMF delegation in Jakarta

  • Published on 14/11/2025 GMT+7

  • Reading time 2 minutes

  • Author: Julian Isaac

  • Editor: Imanuddin Razak

Indonesia’s Finance Minister Purbaya Yudhi Sadewa shared details of his official activities via his Instagram account @menkeuri after receiving a delegation from the International Monetary Fund (IMF) at the Finance Ministry in Jakarta on Wednesday, November 12, 2025.

“Finance Minister Purbaya received @the_imf delegation to discuss the latest developments in Indonesia’s economy,” the post read, on Wednesday, November 12, 2025.

During the meeting, Purbaya said the government is pursuing a series of policies to maintain economic stability while accelerating growth.

“This meeting reflects the shared commitment between Indonesia and the IMF to continue ensuring a healthy and conducive global economic environment,” he said.

The government is targeting strong national economic growth by the end of 2025. Both Purbaya and Indonesian Central Bank (BI) Governor Perry Warjiyo project that Indonesia’s economy could reach 5.5 percent growth in the fourth quarter (Q4) of 2025.

“If we look at year-end projections, I share the same view as the BI Governor. My bet is that in Q4 2025, we expect economic growth to exceed 5.5 percent,” Purbaya said during a Financial System Stability Committee (KSSK) press briefing at the BI headquarters on Monday, November 3, 2025.

According to him, this optimism is supported by several government stimulus measures aimed at strengthening household purchasing power ‒ among them, the Rp 200 trillion government deposit placement in the banking system and various social-assistance programs.

“With the Rp200 trillion (US$12 billion) stimulus, along with cash-assistance programs and other measures, our economic growth should be able to exceed 5.5 percent,” he added.

BI Governor Perry Warjiyo delivered a similar outlook, saying economic momentum continues to improve quarter by quarter.

“Growth in Q3 2025 will be stronger than Q2’s 5.12 percent, and Q4 will be even higher,” Perry noted. Overall, BI expects Indonesia’s full-year 2025 growth to be above the midpoint of the upper range of its projection of 4.7 percent to 5.5 percent.

Perry cited solid export performance and expansionary banking and financing policies as key drivers of growth.

Meanwhile, the IMF projects Indonesia’s 2025 economic growth at 4.9 percent ‒ lower than the government’s target but slightly higher than its previous estimate of 4.8 percent published in the July 2025 edition of the World Economic Outlook.

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