Rancak Media – JAKARTA — Bank Indonesia (BI) and the House of Representatives’ Commission XI have officially agreed upon the macroeconomic assumptions for the upcoming year, a crucial step in formulating the Bank Indonesia Annual Budget Plan (RATBI) for 2026.
This pivotal agreement was formally announced by the Chairman of Commission XI, Mukhamad Misbakhun, during a meeting with BI Governor Perry Warjiyo and his esteemed staff. The session took place at the Parliament Complex in Senayan, Jakarta, on Thursday, November 13, 2025.
“In preparing the 2026 RATBI budget, Bank Indonesia will utilize the following macroeconomic indicators: an economic growth of 5.33% year-on-year, an inflation rate of 2.62% year-on-year, and a rupiah exchange rate against the USD at Rp16,430,” Misbakhun detailed.
: BI Proyeksi Pertumbuhan Ekonomi 5,3% pada 2026, di Bawah Target Pemerintah
For comparison, the macroeconomic assumptions guiding BI’s 2025 Annual Budget Plan (ATBI) included an economic growth of 5.25% year-on-year (YoY), an inflation rate of 2.5%, and a rupiah exchange rate of Rp15,285 per US dollar.
A direct comparison reveals a slight increase in the economic growth assumption for the next year, rising from 5.25% YoY to 5.33% YoY. However, BI also anticipates a strengthening of inflationary pressures, with the projection moving from 2.5% YoY to 2.62% YoY. Furthermore, the assumption for the rupiah’s exchange rate against the US dollar indicates a significantly weaker currency, shifting from Rp15,285 per US dollar to Rp16,430 per US dollar.
Concurrently, the operational budget revenue for BI in 2026 was also finalized, amounting to Rp36.91 trillion. Meanwhile, the operational budget expenditures for BI in 2026 are set at Rp20.82 trillion.
Consequently, Bank Indonesia’s operational budget for the upcoming year is projected to achieve a surplus of Rp16.09 trillion, reflecting prudent financial management.
It is important to note that BI’s revenues are primarily derived from foreign exchange asset management, institutional activities, and administrative operations.
: : DPR: Kebijakan Ekonomi Harus Kredibel sebelum Lakukan Redenominasi Rupiah
Conversely, BI’s expenditures encompass a broad range of areas, including salaries and benefits; human resource management; facility and infrastructure services; institutional formulation and implementation; policy operationalization; empowerment of Micro, Small, and Medium Enterprises (MSMEs), price stabilization, and digital adoption; supervisory activities; social and empowerment programs; and various taxes.
Summary
Bank Indonesia (BI) and Commission XI of the DPR have agreed on the macroeconomic assumptions for 2026 as part of the preparation of Bank Indonesia’s Annual Budget Plan (RATBI). This agreement includes an economic growth target of 5.33% (yoy), inflation of 2.62% (yoy), and an exchange rate of the rupiah against the US dollar at Rp16,430.
These figures indicate a slight increase in the economic growth target compared to the 2025 RATBI assumptions, but also anticipate higher inflationary pressures and a weakening of the rupiah exchange rate. BI’s operational budget for 2026 is projected to have a surplus of Rp16.09 trillion, with the main revenue coming from foreign exchange asset management and expenditures covering various areas such as salaries, human resource development, and price stabilization.
