Indonesia Maintains Fiscal Discipline as 2025 Budget Deficit Remains Below 3%

Economic Growth Takes Center Stage

Indonesia's 2025 state budget deficit has been recorded at Rp695.1 trillion, representing 2.92% of the country's Gross Domestic Product (GDP). This figure is notably below the 3% threshold, indicating the government's commitment to maintaining fiscal discipline. Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized that the current deficit level is considered safe and manageable.

Focus on Economic Expansion

The government is prioritizing economic growth, which is anticipated to approach 5.3% in 2025. Airlangga highlighted that economic growth is crucial as it has a direct correlation with employment and job creation. The minister stated, "We are focusing on growth because it directly relates to employment and job creation, which is our main priority."

Fiscal Policy and Economic Strategy

The government's fiscal policy is designed to support economic expansion while maintaining a sustainable budget deficit. The current fiscal strategy appears to be yielding positive results, with the economy on track to achieve a growth rate close to 5.3%. This growth trajectory is expected to have a significant impact on improving employment opportunities and overall economic welfare.