"If various government programs are implemented optimally, we are confident that the fourth quarter will record the highest growth this year," he remarked here on Tuesday.
The minister referred to several key programs, including internship programs for fresh graduates, expanded Income Tax (PPh) 21 incentives, October–November food assistance, and work accident insurance premium support.
These initiatives will be followed by additional housing benefits from the Social Security Agency (BPJS Ketenagakerjaan), cash-for-work programs, licensing deregulation, and housing quality improvements.
In addition, Airlangga noted that strengthened downstream industries and increased investment would further support economic growth in the fourth quarter of 2025.
Meanwhile, Statistics Indonesia (BPS) is set to announce third-quarter economic growth figures on Wednesday.
"Economic growth in the second quarter stood at 5.12 percent. We will wait for the third-quarter results. I am confident that growth in the fourth quarter will be higher than 5.12 percent," he stated.
Separately, Finance Minister Purbaya Yudhi Sadewa expressed optimism that household consumption will grow by around 5.5 percent in the fourth quarter of 2025.
"(Household consumption growth) is projected at around 5.5 percent or slightly less," he said last month.
Purbaya added that Indonesia’s economic growth in the fourth quarter could reach 5.67 percent, driven by stronger public consumption and the impact of government stimulus measures expected to take effect toward the end of the year.
He noted that the World Bank’s 4.8 percent growth projection for Indonesia this year does not fully reflect ongoing positive trends.
Purbaya highlighted an indicator of economic improvement seen in rising household consumption, with public spending on consumption reaching 75.1 percent in September 2025, up from 74.8 percent the previous month.
The finance minister attributed this increase to the government’s policy of injecting Rp200 trillion (US$11.6 billion) into the financial system starting September 13, 2025.
The funds were distributed among several state-owned banks: Bank Mandiri, Bank Rakyat Indonesia (BRI), and Bank Negara Indonesia (BNI) each received Rp55 trillion (US$3.2 billion), Bank Tabungan Negara (BTN) received Rp25 trillion (US$1.4 billion), and Bank Syariah Indonesia (BSI) received Rp10 trillion (US$582 million).
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Translator: Ahmad Muzdaffar Fauzan, Resinta Sulistiyandari
Editor: M Razi Rahman
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