JAKARTA, May 20 (Xinhua) -- The Indonesian government has set an economic growth target of 5.2 to 5.8 percent for next year, according to Finance Minister Sri Mulyani Indrawati on Tuesday.
"This growth rate is a strong foundation for reaching up to 8 percent in the next few years, supporting the achievement of the Advanced Indonesia 2045 vision," Indrawati said during her presentation of the 2026 Macroeconomic Framework and Fiscal Policy Guidelines at a House of Representatives plenary session.
Inflation is expected to remain within the range of 2.5±1 percent, with an exchange rate target of 16,500-16,900 rupiah per U.S. dollar and 10-year government bond yields projected at 6.6-7.2 percent.
Additionally, the government aims for oil lifting at 600,000-605,000 barrels per day and gas lifting at 953,000-1,017,000 barrels of oil equivalent per day, supported by investment and technology.
The government also reaffirmed its commitment to driving economic transformation through natural resource downstreaming, improving the investment climate, and enhancing human capital quality. ■
