{
    "success": true,
    "data": {
        "id": 1720604,
        "msgid": "finance-minister-purbaya-denies-rumours-this-is-the-actual-state-cash-balance-1778194575",
        "date": "2026-05-06 09:10:48",
        "title": "Finance Minister Purbaya Denies Rumours, This is the Actual State Cash Balance!",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Finance Minister Purbaya Yudhi Sadewa has refuted circulating rumours claiming that the state cash balance has dwindled to Rp120 trillion, sufficient only for two weeks of government expenditure. He clarified that the actual Budget Surplus (SAL) stands at Rp420 trillion, with Rp300 trillion placed in banks as callable deposits, ensuring adequate liquidity throughout the year. This move aims to stimulate the economy by properly managing funds previously idle at Bank Indonesia.",
        "content": "<p>Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has\nonce again denied the circulating issue that the state cash balance is\nincreasingly depleting, namely to Rp120 trillion and only sufficient to\nfinance state expenditure for two weeks.<\/p>\n<p>Purbaya emphasised that the issue is entirely mistaken because it was\ncreated by merely calculating the government\u2019s Budget Surplus (SAL)\namount of Rp420 trillion, minus the SAL funds placed by the government\nin banking worth Rp300 trillion.<\/p>\n<p>\u201cThe SAL is not used at all Rp420 trillion. So the SAL is Rp420. Not\nRp120 trillion. Nothing has been used yet. Part of it has been\ntransferred to the bank,\u201d said Purbaya during the APBN KiTa press\nconference on Tuesday (6\/5\/2026).<\/p>\n<p>Purbaya also stressed that the government\u2019s money is at a sufficient\nlevel for the entire year.<\/p>\n<p>This is because state finances continue to fluctuate. Namely from\nvarious types of state revenues such as taxes, duties, and excise.<\/p>\n<p>\u201cSo like this, government money can come from taxes, can be spent,\nthere can also be financing later. We set the average cash level\nthroughout the year at a sufficient level,\u201d he said.<\/p>\n<p>\u201cThis is our strategy which is sufficient to ensure that our cash is\nadequate and we will never run short of cash,\u201d he added.<\/p>\n<p>According to Purbaya, the total SAL placed in banking does not mean\nthat the government\u2019s reserve funds have disappeared, but rather it is\nmerely transferring accounts from those that have been idle at Bank\nIndonesia (BI) to the banking sector.<\/p>\n<p>These funds can be withdrawn by the government at any time because\nthey are in the form of callable deposits. The callable deposit, as\nmeant by the Finance Minister, refers to a deposit savings product with\na very short term\u2014usually 3 to 30 days\u2014that can be withdrawn at any\ntime.<\/p>\n<p>\u201cWe just place it properly in the bank, rotate it so that the economy\ncan thrive,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/finance-minister-purbaya-denies-rumours-this-is-the-actual-state-cash-balance-1778194575",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}