Research

President Prabowo Independence Speech, What’s Highlighted?

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Algo Research Team


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Key Summary:


  • 8 big programs, 2026 central government spending +17.8%
  • Higher fiscal expenditure in 2H25 to accelerate growth
  • An unrealistic deficit to GDP target of 0% by 2027 or 2028

During the Presidential speech to commemorate Indonesia’s Independence Day, President Prabowo underscored the government’s commitment to accelerate economic growth through several ambitious strategic initiatives over the next few years.



For the 2026 preliminary government budget (RAPBN), there are 8 priority programs that will be implemented to strengthen Indonesia’s economic foundation and accelerate growth, which are:


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