JAKARTA, Feb 5 — Indonesia’s economy picked up pace last year to grow more than five per cent, data showed today, thanks to a pick-up in consumption following a huge government...
Containers being loaded and unloaded at the Tanjung Priok International Export-Import Port in Jakarta. Indonesia’s economy expanded 5.1 per cent in 2025, lifted by stronger consumption and a US$1.5 billion stimulus push.
— AFP picand enjoy FREE RM10 & when you sign up using code VERSAMM10 with min. cash of RM100 today! T&Cs apply.JAKARTA, Feb 5 — Indonesia’s economy picked up pace last year to grow more than five per cent, data showed today, thanks to a pick-up in consumption following a huge government stimulus package. The government unveiled a US$1.5 billion package of economy-boosting measures in June including discounts for train, plane and ferry fares, as well as toll subsidies to boost tourism. It also disbursed additional social aid, while giving cash transfers to low-income workers and discounts on unemployment insurance premiums. The spending was part of a drive to get growth close to President Prabowo Subianto’s election pledge of eight per cent by the end of his term. But Statistics Indonesia figures today showed South-east Asia’s biggest economy expanded 5.1 per cent last year, up from 2024 but short of the 5.2 per cent forecast by the government. Still, growth in the fourth quarter came in at 5.4 per cent, a significant rise on the same period a year before and much better than expected. “The drivers of growth are consumption and production,” BPS head, Amalia Adininggar Widyasanti, told a news conference. “One of the reasons is that people’s purchasing power has remained intact,” she said, praising the government’s measures. The figures come days after the country’s stock market suffered its worst crash in decades after index compiler MSCI threatened a downgrade over the transparency of the free-float stocks. “There should be positive sentiment from investors because the growth is indeed above expectations, although the figure is still lower than the government’s target,” Bhima Yudhistira Adhinegara, executive director of the Center of Economic and Law Studies, told AFP. Jason Tuvey of Capital Economics said: “The official data will probably continue to show growth of close to five per cent. “But government and central bank officials have not been shy about their desire for faster growth in order to meet President Prabowo’s target for growth of eight per cent.” Indonesia is also still recovering from massive flooding and landslides in three provinces on the island of Sumatra late last year, which killed at least 1,200 people. — AFP
Government Stimulus Package President Prabowo Subianto Statistics Indonesia Sumatra Flooding BPS Head Amalia Adininggar Widyasanti
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pfizer Reports Q4 2025 Loss Amidst Declining COVID-19 Product SalesPfizer announced a Q4 2025 loss of $1.65 billion due to declining sales of its COVID-19 products, Comirnaty and Paxlovid, and asset impairments. Despite the loss, the company confirmed its 2026 targets, projecting 20 planned trials, with half focused on obesity assets from Metsera. Pfizer's 2025 revenues decreased, and shares fell in pre-market trading.
Read more »
Around 140,000 snake capture cases recorded nationwide in 2025, says APMHer new dance track is titled 'Kids Wait Till You Hear This'.
Read more »
![[Exclusive] Almost 7,000 Malaysians Declared Bankrupt In 2025, Alarming Rise Among Young Adults And Women](https://i.headtopics.com/images/2026/2/5/saysdotcom/exclusive-almost-7-000-malaysians-declared-bankrup-exclusive-almost-7-000-malaysians-declared-bankrup-C3F84A64A9F605785B904324B910F9CA.webp?w=640)
[Exclusive] Almost 7,000 Malaysians Declared Bankrupt In 2025, Alarming Rise Among Young Adults And WomenBankruptcy cases increased by nearly 1,000.
Read more »
EPF Projects Dividend Payouts for 2025 Financial YearThe Employees Provident Fund (EPF) anticipates declaring dividends within the range of 5.8% to 6.3% for Conventional Savings and 5.5% to 6.0% for Shariah Savings for the 2025 financial year. This projection, based on the fund's nine-month performance and disciplined approach to profit realization and reserves, highlights the EPF's commitment to long-term sustainability. The final dividend will be based on realized profits and reserve requirements.
Read more »
![[Exclusive] Almost 7,000 Malaysians Declared Bankrupt In 2025, Alarming Rise Among Young Adults And Women](https://i.headtopics.com/images/2026/2/5/saysdotcom/exclusive-almost-7-000-malaysians-declared-bankrup-exclusive-almost-7-000-malaysians-declared-bankrup-6ECB695050A49845D964922FED2D5567.webp?w=640)
[Exclusive] Almost 7,000 Malaysians Declared Bankrupt In 2025, Alarming Rise Among Young Adults And WomenBankruptcy cases increased by nearly 1,000.
Read more »
SARA Transactions Reach RM4.8 Billion in 2025, MyKad Usage HighSecond Finance Minister Datuk Seri Amir Hamzah Azizan announced that transactions under the Sumbangan Asas Rahmah (SARA) program totaled RM4.8 billion in 2025, with nearly 5.6 million recipients utilizing their MyKad to purchase essential goods. The program, part of the Sumbangan Tunai Rahmah (STR) initiative, provides cashless aid via MyKad for buying essential items at registered stores. The government uses this method to monitor the program’s effectiveness and ensure aid reaches the intended beneficiaries. The minister also addressed questions about unspent aid and future system improvements.
Read more »