Indonesia approves 2027 budget targeting 6% growth, fastest in more than a decade

Sep 29, 2026 04:56 (26d ago)

Indonesia’s parliament approved the 2027 state budget targeting 6% economic growth.
The budget sets a 2.4% deficit, equal to 671.2 trillion rupiah ($37.3 billion).
The 2026 deficit is projected at 2.85% of GDP, according to the budget comparison.

Indonesia’s parliament approved the 2027 state budget, which targets 6% economic growth, the fastest pace in more than a decade. The budget sets spending at 4,106.3 trillion rupiah and revenue at 3,435.1 trillion rupiah, producing a fiscal deficit of 671.2 trillion rupiah ($37.3 billion), or 2.4% of GDP. That is below the 2.85% shortfall projected for 2026 and keeps the deficit within legal limits as President Prabowo Subianto seeks to accelerate economic growth.