Jakarta, May 20 -- Indonesia's 2027 macroeconomic and fiscal framework aims to accelerate economic growth, Coordinating Economic Affairs Minister Airlangga Hartarto said on Wednesday while outlining assumptions for next year's draft state budget.

Hartarto said the Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF), submitted by President Prabowo Subianto to parliament, was designed to support faster and higher economic growth.

"The 2027 state budget framework is directed toward fostering an economy that grows faster and higher," Hartarto told a press conference in Jakarta.

The government targets state revenue at 11.82 percent-12.40 percent of gross domestic product (GDP), while state expenditure is projected at 13.62 perce...