Jakarta, June 10 -- Bank Indonesia (BI) expects the country's economic growth to reach the upper end of its projected 5.1-5.9 percent range in 2027, supported by strong domestic demand.

Speaking at a working meeting with House of Representatives Commission XI in Jakarta on Wednesday, BI Governor Perry Warjiyo said growth next year would also be supported by efforts to boost investment and improve export performance.

The outlook is in line with an expected improvement in the global economy, with growth projected to rise from 3 percent in 2026 to 3.1 percent in 2027.

Perry said three key factors underpin the central bank's optimism.

The first is prudent fiscal policy, with a low and controlled budget deficit alongside more efficient, pr...