#State Budget (APBN)
Komdigi faces Rp12.6 trillion budget gap for 2026 priorities
The Ministry of Communication and Digital Application (Komdigi) has proposed a budget of Rp20.36 trillion (US$1.3 billion) for 2026, but a joint letter of the Ministry of Finance and the National Development Planning Agency (Bappenas) said that Komdigi is only allocated an indicative ceiling of Rp7.75 trillion, leaving a shortfall of Rp12.61 trillion.
House approves 2026 State Budget deficit projection at 2.48–2.53 percent of GDP
Finance Commission XI of the House of Representatives (DPR) has approved the government’s projected budget deficit for the 2026 draft state budget (RAPBN), setting it between 2.48 percent and 2.53 percent of gross domestic product (GDP), lower than the revised 2025 outlook of 2.78 percent.
House, Finance ministers discuss 2026 Budget assumptions amid fiscal pressure
Finance Commission XI of the House of Representatives (DPR) held a hearing on late Thursday, July 3, 2025, with key economic leaders to review macroeconomic assumptions underlying the 2026 State Budget (APBN).
Free nutritious meals program hits only 7 percent budget use amid fiscal deficit concerns
Minister of Finance Sri Mulyani Indrawati has disclosed that only Rp5 trillion (US$308 million) of the Rp71 trillion allocated for Indonesia’s Free Nutritious Meals (MBG) program has been spent as of the end of June 2025 − just 7 percent of the annual state budget allocation for the program, a key initiative of President Prabowo Subianto.
Oil prices edge up amid Israel-Iran tensions, heightening fiscal risks
Global oil prices continued their upward trend on Wednesday, June 18, 2025, driven by growing fears that the escalating conflict between Iran and Israel could disrupt vital energy supply chains, particularly in the Middle East.
Middle East conflict pushes oil prices higher, shakes economic fundamentals
Minister of Finance Sri Mulyani Indrawati has sounded the alarm over rising geopolitical tensions in the Middle East, warning that the ongoing conflict between Iran and Israel has begun to reverberate through the global economy with oil prices surging and market volatility rising.
Finance ministry has three new directorates
Minister of Finance Sri Mulyani Indrawati officially inaugurated a sweeping leadership reshuffle within the Ministry, announcing the formation of three new directorates aimed at strengthening Indonesia’s fiscal policy, financial sector stability, and financial intelligence capabilities.
Industry pushes back as govt reaffirms plan to impose excise tax on SSBs
The government’s renewed commitment to impose excise tax on sugar-sweetened beverages (SSBs) this year has sparked concern and resistance from industry players as the policy could severely affect an already weakened sector and miss its public health target.
House proposes non-tax revenue law revision amid shrinking State income sources
The House of Representatives’ (DPR) Finance Commission XI is pushing to revise Law No. 9/2018 on Non-Tax State Revenue (PNBP), citing the shrinking scope of income sources and the need to adapt to changing fiscal realities, particularly after dividends from State-owned enterprises (SOEs) were reclassified under the government’s sovereign wealth fund, Danantara.
Sjafrie proposes increase in TNI operational allowances by 75 percent
Defense Minister Sjafrie Sjamsoeddin has proposed an increase in operational allowances for Indonesian Military (TNI) soldiers by 75 percent.
Praise for Coretax, tax revenue increases significantly in March: Sri Mulyani
The Ministry of Finance has noted that state tax revenue in the first quarter of 2025 was recorded at Rp322.6 trillion (US$20.6 billion), down 18.1 percent compared to the same period last year.
Unstable data delays January 2025 State Budget performance revelation
The Ministry of Finance has eventually revealed the performance of the January 2025 State Budget (APBN) after postponing it for a month.