"The first-year achievements of Prabowo-Gibran have successfully created optimism," Purbaya said during a meeting with Committee IV of the Regional Representative Council (DPD) in Jakarta on Monday.
He stated that Indonesia's economic foundation remains strong, macroeconomic stability is well maintained, and public welfare continues to improve. These factors, he added, provide a solid base for further growth.
"There was some turbulence in August and September, but because the early performance was good, we were able to recover quickly," he said.
Indonesia's economy grew 5.12 percent in the second quarter, while inflation remained low at 2.65 percent as of September, he noted.
He added that the unemployment rate fell to 4.76 percent in February, while the poverty rate dropped to 8.47 percent and the Gini ratio declined to 0.375 in March.
National rice production also stayed at a healthy level, and rice reserves managed by state-owned logistics agency Bulog were sufficient to maintain price stability.
To sustain the momentum, Purbaya said the government continues to introduce policy breakthroughs to accelerate economic growth and strengthen social protection.
"When I first took office as finance minister, the first step I took was to add liquidity to the financial system by transferring Rp200 trillion (around US$12 billion) of government funds from the central bank to commercial banks," he said.
Further steps include deregulation and debottlenecking to create a more conducive investment climate, he added.
On the demand side, he said the Finance Ministry would implement fiscal relaxation measures, including unblocking Rp168 trillion in budget allocations and disbursing an additional Rp157 trillion in spending.
The government also aims to improve the effectiveness of key programs, including free nutritious meals and village cooperatives, to ensure faster budget absorption.
"We are also providing economic stimulus to accelerate growth. We expect the economy to expand at a faster pace, with increased investment and broader development," he said.
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Translator: Primayanti
Editor: Anton Santoso
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