On the macroeconomic side, Indonesia’s economy proved doubly resilient. It had a nearly 5.04% growth rate in Q3 2025 vs Q3 2024. On November 5, the country’s statistics agency announced that the growth had been fueled by increasing exports. The other major driver of this extremely positive trend was increased government spending. The administration, under the leadership of President Prabowo Subianto, faces increasingly dire issues. They need to deliver good jobs to realize this economic expansion.
In the short-term, South Africa’s national statistics agency warned that even as the overall economy rebounded, household consumption was increasingly slowing down. Limited growth in consumer spending may act as a damper on longer-term economic health, since it is largely driven by households that dominate domestic demand. Still, that is a significant challenge to absorb, and fortunately rising exports and government spending countered the drag from falling consumption to keep growth positive.
Finance Minister Sri Mulyani Indrawati said she remained optimistic about the country’s economic trajectory. She noted that new orders in manufacturing should increase in the fourth quarter. That has the potential to drive even more inclusive growth throughout Indonesia’s booming economy. This forward-looking prediction is intended to make citizens and investors confident that the new administration will do all it can to encourage growth and job creation.
Despite the President Prabowo Subianto’s notoriously hawkish fiscal policy, his administration now faces a tremendous pressure on the quality of the employment. As our country’s economy continues to grow, the attention placed on producing quality, sustainable jobs is more important than ever. The administration all too well realizes that number one in Washington is job creation. Without it, the traveling public could not reap the rewards of our Nation’s economic prosperity.