Purbaya Sees Q4-2025 Growth at 5.6–5.7 Percent as Public Activity Strengthens

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JAKARTA, Investortrust.id - Finance Minister Purbaya Yudhi Sadewa says Indonesia’s economy shows stronger momentum as he sees fourth-quarter 2025 growth reaching 5.6 to 5.7 percent, speaking during the Fun Run held by Forum Pemred on Sunday, Nov. 16, 2025.

He says rising activity in public spaces, including along Jalan Jenderal Sudirman during weekly car free day events, signals a firm recovery in household consumption.

Purbaya says crowds returning to outdoor areas boosted small businesses and lifted confidence among vendors who rely on small-value transactions.

He stresses that this grassroots economic movement forms a strong base for broader growth in the months ahead.

“Yes, this is an early indication that the economy has really started to recover. Yes, it is busy, getting busier. This also benefits small businesses. People buy drinks and other goods, maybe souvenirs. This is a good start in my view,” Purbaya says.

“Meaning this quarter could be around 5.6 to 5.7 percent,” he adds.

Forum Pemred Chair Retno Pinasti says the government’s attention to the media sector is welcome as the industry faces sustainability challenges.

She introduces an initiative called No tax for knowledge, which seeks tax incentives for verified journalistic institutions to strengthen the country’s information ecosystem.

Retno says such incentives would help maintain credible journalism and ensure the public receives reliable information for years to come.

Purbaya also highlights the business difficulties facing the media industry, linking its recent decline to a softer level of critical reporting toward the government.

He says the press must sharpen its role in providing scrutiny so economic policy remains stable.

“They complain that journalism and media businesses are declining. I said it is because there has not been enough protest, so when the economy declined, you stayed silent. Going forward, you must criticize and give input so we don’t fall again. When the economy slows, journalists also take part in the blame,” he says.