Jakarta, Aug. 17 -- Indonesian President Prabowo Subianto has set an economic growth target of 5.4% in 2026, with inflation at 2.5% and stable macroeconomic indicators. Speaking at the opening session of the House of Representatives in Jakarta on August 15, Prabowo said this optimism is based on sound financial management, coupled with economic restructuring and productivity improvements. He also set a target for interest rates to remain at around 6.9%. He also stressed the goal of balancing the national budget by 2027 or 2028, putting an end to the prolonged fiscal deficit of recent years. This is considered a turning point in strengthening public finances, easing debt pressure, and enhancing the capacity to invest in priority sectors. The...
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