Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia met with Finance Minister Purbaya Yudhi Sadewa and State-Owned Enterprises Agency (BP BUMN) Head Donny Oskaria on Friday, October 13, 2025 to finalize the government’s subsidy compensation payments for electricity and fuel.

“We held a meeting with the Minister of Finance and the BUMN leadership to discuss accelerating the payment of electricity and fuel subsidy compensation,” Bahlil said after the meeting at the ESDM Ministry.

The compensation funds are allocated to State electricity company PT PLN for electricity subsidies and State energy company PT Pertamina for fuel subsidies. According to Bahlil, the meeting concluded with the finalization of the 2024 compensation figures, as well as approval for the first and second quarters of 2025.

“Everything has been finalized so that the Finance Minister can proceed with the payments to our state-owned companies. Everything is clear now,” he said.

Finance Minister Purbaya had previously pledged to accelerate the compensation payment process to state-owned enterprises (SOEs). Currently, the payments are typically disbursed around three months after submission.

“We will review the existing three-month process. It’s too long, in my opinion,” Purbaya said during a hearing with finance and banking Commission XI of the House of Representatives (DPR) on September 30, 2025.

He emphasized that faster payments are critical to ensure the government’s subsidy programs do not disrupt the cash flow of SOEs, particularly Pertamina, PLN, and other assigned state enterprises.

“I promise to fix the process and speed it up. It should be completed within a month. If not, I’ll replace the Director General of Budget,” Purbaya said.

The minister added that accelerating the disbursement will also help ensure that government funds are absorbed effectively rather than idling in the Indonesian Central Bank (BI) accounts. He further urged the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) to take a more proactive role in collecting and processing subsidy claims.