{
    "success": true,
    "data": {
        "id": 1610402,
        "msgid": "purbaya-no-knowledge-yet-of-plans-to-raise-apbn-deficit-ceiling-1773388344",
        "date": "2026-03-13 13:38:15",
        "title": "Purbaya: No Knowledge Yet of Plans to Raise APBN Deficit Ceiling",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Finance",
        "summary": "Finance Minister Purbaya Yudhi Sadewa stated he is unaware of any government plans to raise Indonesia's APBN (state budget) deficit ceiling above 3 per cent of GDP, though he acknowledged the ministry continuously monitors the impact of fluctuating global oil prices. The Chair of Parliament's Budget Committee affirmed that the deficit would be maintained below the 3 per cent threshold in compliance with existing fiscal regulations.",
        "content": "<p>Finance Minister Purbaya Yudhi Sadewa commented on reports that the\ngovernment is discussing options to raise the ceiling on the State\nRevenue and Expenditure Budget (APBN) deficit above 3 per cent of Gross\nDomestic Product (GDP). He claimed to be unaware of any such plan.<\/p>\n<p>\u201cI am not yet aware of it; it is still being considered,\u201d Purbaya\ntold journalists at the Finance Ministry on Friday, 13 March 2026.\nNevertheless, he stated that the ministry continuously calculates the\nimpact of rising global oil prices on the APBN, and should a decision be\nnecessary, the ministry will assess its implications for the economy.\nPurbaya also affirmed that the ministry remains committed to maintaining\na prudent fiscal policy.<\/p>\n<p>According to the state treasurer, Indonesia\u2019s APBN deficit ceiling\nremains lower than that of other regional countries. He noted that only\na few nations have managed to maintain deficits below 3 per cent.\nPurbaya cited several countries whose deficits have exceeded 3 per cent,\nincluding Vietnam and India.<\/p>\n<p>However, Purbaya acknowledged he would implement any directive from\nPresident Prabowo Subianto and Parliament regarding deficit expansion.\n\u201cIf it\u2019s an order, we will implement it. I am merely the president\u2019s\ninstrument,\u201d he said.<\/p>\n<p>According to Finance Ministry records, the APBN deficit reached 135.7\ntrillion rupiah at the end of February, surging 324.4 per cent compared\nto the corresponding period in the previous year. This figure equated to\n0.53 per cent of GDP.<\/p>\n<p>Meanwhile, Said Abdullah, Chair of Parliament\u2019s Budget Committee,\nemphasised that the APBN deficit would be maintained below the 3 per\ncent threshold of GDP. \u201cAs Chair of the Budget Committee, we comply with\nthe APBN Law and the State Finance Law. Our deficit ceiling is 3 per\ncent of GDP and I have never considered exceeding that limit,\u201d Said\nstated at Parliament\u2019s complex on Thursday, 12 March 2026.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-no-knowledge-yet-of-plans-to-raise-apbn-deficit-ceiling-1773388344",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}