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Indonesia Targeting 2026 GDP Growth in 5.8% to 6.3% Range, Minister

JAKARTA, May 5 (Reuters) - Indonesia is targeting economic growth of between 5.8% and 6.3% in 2026, planning minister Rachmat Pambudy said on Monday.

Rachmat revealed the GDP growth target when delivering the government's working plan for 2026.

Earlier data showed the economy grew by 4.87% in the first quarter from a year earlier, the weakest growth rate in more than three years.

Southeast Asia's largest economy is targeting growth up 5.2% this year, up slightly from 5.03% in 2024.

The working plan is used by ministries to formulate policies for the next year, with the government usually starting discussions with parliament on the budget in the middle of the year.

Reporting by Stefanno Sulaiman, Ananda Teresia; Editing by John Mair

Source: Reuters


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