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O Boost The Economy At The Start Of The Year, The Government Pins Its Hopes On Eid Celebrations
Thursday, 03 Apr 2025
The surge in travel during Lebaran 2025 is seen as a hopeful opportunity for the government to sustain Indonesia's economic growth at around 5%.
However, the government has yet to calculate the impact of the annual influx of travelers during the Lebaran or Idulfitri period on economic growth. Coordinating Minister for Economic Affairs Airlangga Hartarto stated that it is evident that consumer spending typically increases during each National Religious Holiday (HBKN), which significantly boosts household consumption, the largest driver of Indonesia's GDP.
"Certainly, we hope that during each festive season, the economy tends to grow due to increased spending," Airlangga remarked at his office on Thursday, March 27, 2025.
"The government anticipates that the festive season will serve as a catalyst in the first quarter," he emphasized. He also noted that the substantial potential of HBKN to influence economic growth has prompted the government to implement various policies aimed at stimulating consumer spending, including incentives on both the supply and demand sides.
These incentives include discounts on airline tickets, the implementation of Harbolnas, Epic Sales, BINA Discounts, toll fee reductions, and programs to stabilize food prices and essential goods.
"These various programs are designed to maintain purchasing power, along with the provision of holiday bonuses and other measures, and we hope this will serve as a driving force," he explained.
Unfortunately, the number of travelers this year has decreased compared to the previous year.
According to a survey conducted by the transportation policy agency, the statistics center, the Ministry of Transportation, and academics, the estimated number of travelers is only 146.48 million, or about 52% of Indonesia's population. This figure represents a 24% decline from last year's total of 193.6 million travelers.
Data from the past decade provided by the Ministry of Transportation (Kemenhub) indicates a significant increase in the projected number of travelers.
