Antara News·Indonesia·Wednesday, September 23, 2026 at 09:05 AM

BI Governor projects RI's 2026 economic growth at 4.9-5.7 percent

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M. Baqir Idrus Alatas, Yashinta Difa

Jakarta (ANTARA) - Bank Indonesia (BI) Governor Destry Damayanti stated that Indonesia's economic growth remains solid and is projected to reach between 4.9 percent and 5.7 percent in 2026.

"Indonesia's economic growth remains solid and needs to be further boosted by optimizing various sources of economic growth," Destry said following the BI Board of Governors Meeting in Jakarta on Wednesday.

She noted that household consumption remains stable, supported by substantial government fiscal stimulus, rising consumer confidence, and positive income expectations.

Investment activity has also grown steadily, primarily driven by government projects, although private sector involvement needs to be further encouraged, she added.

On the external side, non-oil and gas export performance showed marked improvement due to rising global demand, though Destry called for stronger efforts to maximize the impact of favorable commodity prices.

"Looking ahead, economic growth is projected to remain solid, supported by the implementation of various government stimulus programs, improving economic confidence, and the optimization of various growth sources," she stated.

To support stability and growth, BI decided during its September 22–23 meeting to hold its benchmark BI-Rate at 5.75 percent.

The deposit facility rate remains at 4.75 percent, while the lending facility rate was kept at 6.50 percent.

The decision aligns with the central bank's strategy to stabilize the rupiah exchange rate against persistent external volatility and ensure inflation stays within the target range of 2.5 percent—plus or minus 1 percent—for 2026 and 2027.

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