Bussiness | Economy
Purbaya Yudhi Sadewa Rejects Rp514 Trillion Loan from IMF & World Bank-Here's Why
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Bisnis | Ekonomi - Posted on 22 April 2026 Reading time 5 minutes
Finance Minister Purbaya Yudhi Sadewa expressed confidence that Indonesia is on the verge of escaping the long-standing “5% growth trap” that has persisted for about a decade, with stronger economic expansion expected going forward.
“Our latest economic growth figure reached 5.39% in the fourth quarter of 2025, which indicates that we have likely broken through the 5% growth barrier. Moving forward, we should be able to grow at a rate above 5%,” Purbaya said during the PT SMI 2026 Symposium at Ayana Midplaza, Jakarta, on Wednesday (April 22, 2026).
He also emphasized his disagreement with the notion that Indonesia’s growth is capped at around 5%, arguing that such a view implies a lack of effort by the government to stimulate economic expansion.
“If leadership is effective, Indonesia can achieve 6% growth, but if nothing is done, it will remain at 5%. So if growth stays at 5%, it essentially means no significant action has been taken. That’s why we aim to push for faster growth,” he added.
Purbaya affirmed that the government will focus on revitalizing the private sector as a key driver to accelerate economic growth, especially amid ongoing global uncertainty.
“If we manage things more effectively, we should be able to achieve faster growth, particularly by activating the private sector,” he noted.
He further explained that government policies will be directed toward strengthening the private sector so it can contribute more significantly to the national economy.
Source: detik.com
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