{
    "success": true,
    "data": {
        "id": 1764795,
        "msgid": "dpr-to-revise-state-assets-law-as-omnibus-law-1780137958",
        "date": "2026-05-26 04:04:00",
        "title": "DPR to Revise State Assets Law as Omnibus Law",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Regulation",
        "summary": "The Indonesian House of Representatives (DPR) plans to revise the State Assets Law through an omnibus approach to address legal inconsistencies following Danantara\u2019s establishment, which shifted state-owned enterprise (SOE) management responsibilities from the Finance Ministry. The amendment will harmonise multiple financial regulations to prevent future legal issues, while confirming the 3% GDP deficit limit for the national budget remains unchanged.",
        "content": "<p>JAKARTA - The House of Representatives (DPR) will soon begin revising\nLaw No.\u00a017 of 2003 on State Finance. DPR Commission XI Chairman Mukhamad\nMisbakhun stated that the revision of the State Finance Law will\ncommence immediately after completing the amendment of Law No.\u00a04 of 2023\non the Development and Strengthening of the Financial Sector (P2SK Law).\nThe revision is targeted for completion before the 2027 State Budget\n(APBN) takes effect on 1 January 2027.<\/p>\n<p>\u2018After finalising the P2SK Law, we have received instructions to\npromptly revise the State Finance Law,\u2019 he said at the National\nConference on Regional Economic Development in Jakarta on Monday, 25 May\n2026.<\/p>\n<p>This is due to legal gaps and overlaps, as current regulations still\ndesignate the Finance Minister as the shareholder of state-owned\nenterprises (SOEs), a role that has changed since Danantara\u2019s\nestablishment.<\/p>\n<p>Therefore, the State Finance Law revision will take the form of an\nomnibus law, encompassing multiple regulations: the State Finance Law,\nState Treasury Law, Separated State Assets Law, and Non-Tax State\nRevenue (PNBP) Law.<\/p>\n<p>\u2018This is part of efforts to resolve legal gaps arising from Law No.\u00a01\nof 2026 and Law No.\u00a016 on SOEs, which established Danantara, rendering\nthe Finance Ministry\u2019s role as SOE shareholder no longer mandated by\nlaw. We will harmonise these laws through an omnibus law,\u2019 he\nexplained.<\/p>\n<p>Misbakhun added that harmonising multiple regulations into an omnibus\nlaw is necessary as SOE dividends currently enter the PNBP category and\nform part of the APBN cycle. With the new SOE management structure\npost-Danantara, the scheme needs restructuring to avoid future legal\ncomplications.<\/p>\n<p>He also confirmed that discussions on revising the State Finance Law\ndo not involve changing the 3% GDP deficit limit for the APBN.<\/p>\n<p>\u2018Regarding the previously discussed issue of allowing deficits above\n3%, we are not moving in that direction,\u2019 he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/dpr-to-revise-state-assets-law-as-omnibus-law-1780137958",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}