{
    "success": true,
    "data": {
        "id": 1749880,
        "msgid": "purbaya-reveals-shrinking-state-budget-deficit-explains-the-causes-1780889417",
        "date": "2026-05-19 20:07:41",
        "title": "Purbaya Reveals Shrinking State Budget Deficit, Explains the Causes",
        "author": "Ahmad Fikri Noor",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's state budget deficit narrowed to 0.64 per cent of GDP as of April 2026, driven by significant growth in tax revenues. Finance Minister Purbaya Yudhi Sadewa noted that while the budget remains expansive to support economic growth, the primary balance has achieved a surplus of Rp 28 trillion.",
        "content": "<p>The State Budget (APBN) deficit up to April 2026 has begun to shrink.\nThe Ministry of Finance recorded the deficit at Rp 164.4 trillion, or\n0.64 per cent of Gross Domestic Product (GDP). This figure represents an\nimprovement from the March 2026 position, which stood at Rp 240.1\ntrillion or 0.93 per cent of GDP. However, it remains lower than April\nlast year, when the budget recorded a surplus of Rp 4.3 trillion or 0.02\nper cent of GDP. Finance Minister Purbaya Yudhi Sadewa stated that\nimprovements are becoming visible alongside the rise in state revenue\nover recent months.<\/p>\n<p>\u201cThe realisation up to April 2026 shows a deficit of Rp 164.4\ntrillion or 0.64 per cent of GDP. In March, the position was still 0.93\nper cent of GDP,\u201d Purbaya said during the APBN KiTa Media Briefing in\nJakarta on Tuesday (19\/5\/2026).<\/p>\n<p>State revenue up to April was recorded at Rp 918.4 trillion,\nrepresenting a year-on-year growth of 13.3 per cent. Meanwhile, state\nexpenditure reached Rp 1,082.8 trillion, an increase of 3t4.3 per cent\ncompared to the same period last year. According to Purbaya, this\ncondition indicates that the state budget remains expansive to maintain\neconomic growth, while the deficit remains controlled.<\/p>\n<p>\u201cThe situation is improving. The primary balance has achieved a\nsurplus of Rp 28 trillion and will continue to improve moving forward as\nstate revenue grows,\u201d he said.<\/p>\n<p>State revenue is primarily supported by the taxation sector. Up to\nApril 2026, tax revenue reached Rp 746.9 trillion, growing by 13.7 per\ncent. Of that amount, tax receipts reached Rp 646.3 trillion, an\nincrease of 16.1 per cent. This performance marks a reversal from April\nlast year, when tax growth was still contracting by 10.8 per cent. The\ngovernment remains optimistic that the revenue trend will continue to\nstrengthen until the end of the year.<\/p>\n<p>In addition to taxes, non-tax state revenue (PNBP) also grew by 11.6\nper cent to Rp 171.3 trillion, supported by natural resource revenues\nand services provided by ministries and agencies. \u201cThis means the\nprospects are much better than last year when conditions were difficult.\nLast year, tax growth was still declining,\u201d said Purbaya.<\/p>\n<p>Purbaya added that the government is also ensuring the acceleration\nof spending. Central government expenditure was recorded at Rp 826\ntrillion, growing by 51.1 per cent, while transfers to regions reached\nRp 256.8 trillion.<\/p>\n<p>Purbaya emphasised that a primary surplus does not mean the\ngovernment is restricting state expenditure. According to him, spending\ncontinues to be accelerated to ensure that public economic activity does\nnot slow down.<\/p>\n<p>\u201cA primary surplus does not mean spending is being braked. Spending\nwas accelerated, growing by 34.3 per cent up to April. Therefore, this\ndoes not mean the government is dominating economic growth,\u201d he said. He\nadded that the role of the state budget in total national economic\nactivity remains below 10 per cent, with more than 90 per cent of\neconomic movement still originating from the private sector and public\nconsumption.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-reveals-shrinking-state-budget-deficit-explains-the-causes-1780889417",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}