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Govt, House commission agree on key macroeconomic assumptions

The government and House of Representatives  Commission XI, which oversees financial affairs, approved the basic macroeconomic assumptions for the 2026 state budget.

Divya Karyza (The Jakarta Post)
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Tue, July 8, 2025 Published on Jul. 8, 2025 Published on 2025-07-08T12:26:03+07:00

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President Prabowo Subianto gestures when addressing his cabinet members during a meeting at the Presidential Office in Jakarta on May 5, 2025. President Prabowo Subianto gestures when addressing his cabinet members during a meeting at the Presidential Office in Jakarta on May 5, 2025. (Antara/Galih Pradipta)

T

he government and House of Representatives Commission XI, which oversees financial affairs and other policy areas, has approved the basic macroeconomic assumptions for the 2026 state budget.

The agreement was reached on Monday in a meeting involving representatives of the government, Bank Indonesia (BI) and the Financial Services Authority (OJK).

“With approval from the government, BI and the OJK, all conclusions of the working committee have been officially endorsed,” Commission XI chairman Mukhamad Misbakhun said at the end of the meeting. 

Finance Minister Sri Mulyani Indrawati, National Development Planning Minister Rachmat Pambudy, BI Governor Perry Warjiyo and OJK chairman Mahendra Siregar attended the meeting.

The assumptions remain unchanged from those set out in the 2026 Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF).

Economic growth is projected to fall between 5.2 and 5.8 percent, with inflation targeted at 1.5 to 3.5 percent.

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The rupiah exchange rate is expected to remain within the range of Rp 16,500 to Rp 16,900 per United States dollar.

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