Jakarta, Oct. 28 -- UOB Kay Hian research projects that the Indonesian economy will strengthen in the fourth quarter of 2025, along with stable banking liquidity and accommodative monetary policy.

UOB analyst Kay Hian Suryaputra Wijaksana, in his research here on Tuesday, said that economic activity is projected to increase in line with the acceleration of government spending.

This projected increase is also driven by improved political stability and rising business and consumer confidence in the fourth quarter of 2025, which is expected to support a moderate acceleration in credit growth by the end of 2025.

"Accelerating fiscal spending realization and improving domestic sentiment will drive more stable M2 (money in circulation) growt...