Indonesia's Economic Growth in 2026: How Holidays Impact the Economy

Indonesia focuses on economic growth in 2026 by boosting consumption during Ramadan, Lebaran, and Chinese New Year. The Vice Chair of the National Economic Council of Indonesia, Mari Elka Pangestu, stated that these holidays help enhance economic welfare in the first quarter of 2026 while reviving the service sector through consumer activities and travel. Government programs aimed at stimulating the economy and job creation through investment remain a key focus to ensure sustainable growth. The celebration of these holidays, accompanied by various events, encourages an increase in consumption. Major cities across Indonesia are involved in the festival program, attracting a wide audience.