Indonesia Records 5% Economic Growth, President Prabowo Attributes It to Teamwork

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation     Date 20 Oktober 2025
Category: News
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President Prabowo underscores the country’s strong economic performance during the Plenary Cabinet Session (Sidang Kabinet Paripurna) held at the State Palace, Jakarta, on Monday (10/20). (Photo by: BPMI of Presidential Secretariat)

President Prabowo Subianto underscored the country’s strong economic performance during the Plenary Cabinet Session (Sidang Kabinet Paripurna) held at the State Palace, Jakarta, on Monday (10/20). In his opening remarks, the President emphasized that Indonesia has successfully maintained economic stability and robust growth, despite global geopolitical and geo-economic uncertainties.

“In the current situation where geopolitical conditions are so uncertain and geo-economic conditions are also uncertain, where the supply chains of strategic commodities are definitely affected by the world’s unpredictable geopolitical situation, energy and food are highly vulnerable to this geopolitical and geo-economic uncertainty. Thank God, we are able to maintain our economic growth that is still relatively high compared to that of the rest of the world, we are at 5 percent,” President stated.

He also noted the Government’s achievement in keeping the budget deficit below 3 percent of GDP and maintaining inflation at around 2 percent, one of the lowest rates among G20 countries. These results, he said, were due to the hard work of all government agencies in monitoring and managing inflation effectively.

“This should not be underestimated. Many countries with strong industries suffer from high inflation, but we have managed to maintain stability and market confidence,” he added.

President Prabowo further praised the national capital market, with the Jakarta Composite Index (IHSG) reaching an all-time high of 8,000 points, signaling strong investor confidence in Indonesia’s economic fundamentals.

“What’s important is that our economic fundamentals must be strong, and the most basic economic fundamentals of every nation are food, energy, and water. As long as we are aware of this, we focus on this, we ensure that our policies guarantee that we are capable of producing and distributing food and also energy well and efficiently, and capable of managing our water resources strongly,” the President said.

On social indicators, President Prabowo reported that Indonesia’s poverty rate has dropped to 8.47 percent, the lowest in national history. Likewise, unemployment fell to 4.76 percent, the lowest since the 1998 crisis.

“Once again, we must not be satisfied because 4.76 percent out of 287 million people is quite a large number, and for those who need jobs immediately, this is something we must consider carefully. We understand that this unemployment rate is very troubling for those who really need work, we understand, and that’s why we are working hard,” he concluded. (BPMI of Presidential Secretariat) (AS/TM)

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