"So, it might still be on track around that figure," she said at a press conference here on Monday.
One of the considerations for such optimism is the global economic momentum, which is expected to be maintained.
Moreover, the US Fed is expected to lower the Fed Fund Rate (FFR). This is expected to provide positive momentum to the Indonesian economy.
In terms of the domestic economy, the minister said she is confident that the performance of household consumption and investment growth will remain strong.
Even so, there will still be challenges in terms of geopolitical tensions and the election situation in the US, which will determine the direction of policy.
In line with Indrawati, Bank Indonesia (BI) Governor Perry Warjiyo also conveyed his optimism regarding the positive trend in Indonesia's economic growth earlier.
"Indonesia's economic growth remains strong and needs to be further accelerated," he said at a press conference following a meeting of the central bank's board of governors in Jakarta last week.
He noted that several current indicators, including results from a BI survey, show strong economic activity in the third quarter.
This is reflected in high consumer confidence, positive retail sales, and increases in the imports of capital goods and cement sales.
Investment, particularly in construction, has also continued to grow, in line with the final stages of the new capital, Nusantara, and the completion of several national strategic projects.
Household consumption growth has been sustained, especially among the upper middle class.
Non-oil and gas exports have remained robust, supporting economic growth.
"Government spending, expected to increase by the end of the year, is also anticipated to support domestic demand," Warjiyo added.
BI has forecast economic growth in range of 4.7 percent to 5.5 percent, with a midpoint of 5.1 percent, for this year.
"Moving forward, various efforts must continue to encourage growth, both from the demand side and the supply side," he added.
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Translator: Imamatul Silfia, Yashinta Difa
Editor: Rahmad Nasution
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