Jakarta (ANTARA) - The Indonesian government and Commission XI of the House of Representatives have agreed on the macroeconomic assumptions outlined in the draft of the Macroeconomic Framework and Principal Fiscal Policy (KEM-PPKF) for 2026.

Commission XI oversees the finance, national development planning, monetary, and financial service sectors.

“The working committee and our (commission’s) internal discussions concluded that we will adopt the same figures as proposed in the KEM-PPKF,” the chair of Commission XI, Mukhamad Misbakhun, said during a meeting with the government here on Monday.

On the same occasion, Finance Minister Sri Mulyani Indrawati lauded the cooperation between the House and all stakeholders in evaluating the macroeconomic outlook, especially amid global volatility.

Related news: Indrawati forecasts 5 percent national economic growth in 2025

“We are grateful that the leaders and members of Commission XI remain optimistic (on our future economy), while also recognizing the risks that we must anticipate and mitigate to safeguard economic stability,” she said.

She emphasized that Indonesia’s state budget will continue to be designed to fulfill its three core functions, as mandated by law.

They include the distribution function to improve social equity, the allocation function to enhance efficiency and economic capacity, as well as the stabilization function to help the economy navigate ongoing uncertainty.

The government believes these assumptions will strike a balance between ambition and caution, laying the foundation for sustainable economic growth in the coming year.

The approved assumptions for Indonesia’s 2026 state budget include:

  1. Economic growth: 5.2–5.8 percent
  2. Inflation: 1.5–3.5 percent
  3. Exchange rate: Rp16,500–16,900 per US$1
  4. 10-year government bond yields: 6.6–7.2 percent
  5. Indonesia crude oil price: $60–$80 per barrel
  6. Oil production: 600–605 thousand barrels per day
  7. Gas production: 953–1,017 thousand barrels of oil equivalent per day
  8. Open unemployment rate: 4.44–4.96 percent
  9. Gini ratio (inequality index): 0.377–0.380
  10. Extreme poverty rate: 0 percent
  11. Poverty rate: 6.5–7.5 percent
  12. Human capital index: 0.57.
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Reporter: Imamatul Silfia, Uyu Liman
Editor: Rahmad Nasution
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