Finance Minister Purbaya Yudhi Sadewa expressed confidence that Indonesia’s economic growth trajectory toward 8 percent is beginning to take shape. He even projected that the target could be achieved within the next two to three years. “An 8 percent growth rate may seem too high to some, but from my perspective, the direction is already becoming visible,” Purbaya said during an event at the Indonesia Stock Exchange building in Jakarta on Monday (April 27, 2026). This optimism is based on the strong potential of domestic economic strengthening.

Purbaya also noted that even without major industrial reforms, Indonesia’s economy could grow around 6 percent simply by optimizing the roles of both the private sector and the government.

According to him, this condition serves as an initial foundation to accelerate growth to a higher level.

“In two or three years, you will see the 8 percent figure starting to be reached,” he stated.

In the short term, the government is targeting economic growth above 5.5 percent in the first half of 2026.

This figure is expected to serve as a stepping stone before entering a faster acceleration phase in the coming years.

Purbaya explained that the government is currently focused on building a strong economic foundation to ensure sustainable growth.

One of the measures taken is the establishment of a Government Program Acceleration Task Force to Support Economic Growth, led by Airlangga Hartarto.

In addition, the Ministry of Finance is carrying out internal improvements to strengthen the fiscal contribution to economic growth.

The reforms are focused on the Directorate General of Taxes (DJP) and the Directorate General of Customs and Excise (DJBC).

Purbaya claimed that these measures have begun to show positive results.

This is reflected in tax revenues, which grew by 20.7 percent in March 2026.

He also emphasized that domestic economic stability has been an important asset amid global uncertainty.

With these conditions, the government remains confident that Indonesia’s economic growth will continue to improve.

Growth in the first quarter is estimated to reach 5.5 percent and is expected to continue in subsequent periods.

Fiscal reform is seen as a key driver.

“If economic growth was previously around 5 percent, it will grow faster going forward,” Purbaya said.

With a combination of stronger fiscal policies, increased investment, and active participation from the private sector, the government believes that achieving high economic growth is no longer just a concept, but a direction that is becoming increasingly clear.