Indonesia Targeting 2027 GDP Growth in 5.9% to 7.5% Range, Minister Says

MACROECONOMICS - JAKARTA. Indonesia is targeting economic growth of between 5.9% and 7.5% in 2027, its planning minister said on Thursday, driven by investment, higher productivity and industry.

Rachmat Pambudy revealed the GDP growth target while delivering the government's working plan for 2027. Earlier data showed the economy grew by 5.61% year on year in the first quarter, its fastest pace in over three years.