Jakarta, Nov. 7 -- Indonesia's economy expanded 5.04 percent in the third quarter of 2025, reflecting effective state budget management and strong coordination with monetary and financial authorities, Finance Minister Purbaya Yudhi Sadewa said Friday.

"The state budget has played a key role in maintaining people's purchasing power and supporting business performance to boost global competitiveness," Sadewa said in a statement.

He said fiscal support included the prudent placement of Rp200 trillion (US$12.2 billion) in state funds to secure liquidity, along with non-fiscal measures to ease bottlenecks and encourage investment.

Indonesia's steady growth momentum created 1.9 million new jobs and reduced unemployment to 7.46 million, lower...