Finance Minister Purbaya Yudhi Sadewa. Photo : LPS.
JAKARTA, THENUSANTARAPOST.COM– President Prabowo Subianto chaired a limited cabinet meeting (ratas) with several ministers of the Red-and-White Cabinet at the Merdeka Palace, Jakarta, on Tuesday (Sept 9, 2025). The main agenda was to discuss government measures to accelerate programs aimed at boosting national economic growth.
Finance Minister Purbaya Yudhi Sadewa said the government is committed to speeding up the implementation of planned development programs. He stressed that existing policies need to be optimized so that their benefits can be felt more quickly by the public.
“Current policies don’t seem to be running very smoothly. The meeting today decided to accelerate everything. That’s the first step. So, the economy should grow faster,” Purbaya said after the meeting.
Keeping Fiscal Deficit in Check
Purbaya reaffirmed that the government remains committed to maintaining the fiscal deficit below 3 percent of GDP, as mandated by law.
“We will follow the law. This is not just my decision, but the government’s collective decision,” he explained.
He also dismissed concerns that a state budget (APBN) deficit would automatically trigger inflation. According to him, Indonesia’s projected economic growth of 6.5–6.7 percent remains within a safe range.
“A budget deficit does not automatically cause inflation. We must also look at the economy’s capacity to generate growth,” he said.
Focus on Job Creation
On the topic of additional stimulus, Purbaya said the government is preparing to accelerate existing programs in order to create more jobs.
“The key is how fast we can restore the economy so that more jobs are created. That’s what we are pursuing going forward,” he emphasized.
Fiscal-Monetary Synergy
Purbaya also highlighted the importance of synergy between fiscal and monetary policies. He noted that discussions with Bank Indonesia are ongoing to ensure fiscal measures do not disrupt banking system liquidity.
Prabowo’s Political-Economic Signal
The limited meeting also served as a political-economic signal from President Prabowo that his administration intends to move swiftly in pursuing high growth targets. With growth projected above 6 percent, the government is sending a message that future economic policies will prioritize job creation, strengthening household purchasing power, and fiscal stability.
This move is also seen as Prabowo’s effort to maintain market and investor confidence, while keeping his political coalition solid by demonstrating a strong commitment to a pro-people economic agenda.