BPK Records Improvement in Quality of SOE Subsidy Management
Jakarta (ANTARA) - The Financial Audit Board (BPK) has recorded an improvement in the quality of subsidy management for State-Owned Enterprises (SOEs), reflected in the reduced value of compensation subsidy adjustments in 2025 compared to the previous year.
“This indicates an improvement in the control system as well as increased accountability in state financial management by SOEs,” said BPK Member VII Slamet Edy Purnomo during the signing of the audit results report on subsidy expenditure, compensation, Public Service Obligation (PSO), and government food reserve purchase price calculations for SOE operators in support of the 2025 Central Government Financial Statements (LKPP) audit.
In a written statement received in Jakarta on Thursday, he stated that several efficiency achievements have also been observed. One of them is in the subsidised fertiliser sector, which has succeeded in significantly reducing costs.
In the future, these good practices are expected to be followed by other sectors such as energy and food, in order to enhance the effectiveness of state expenditure.
BPK Member VII also emphasised the importance of strengthening the data base as the foundation for targeted subsidy distribution. Integration and updating of data across institutions are seen as key to reducing the potential for inaccurate targeting and improving budget efficiency.
“This signing reflects the commitment of all parties in demonstrating transparency, accountability, and effective, efficient, and reliable state financial governance,” said Slamet Edy.
On that occasion, BPK Member VII affirmed that the enactment of Law No. 16 of 2025 strengthens the role of SOEs in carrying out dual functions in a balanced manner.
These dual functions are as performance-oriented corporations focused on financial value, while also serving as agents of development through government assignments, particularly in managing subsidies, compensation, PSO, and government food reserves, while upholding good governance, risk management, and accountability.
Through strengthened synergy and collective commitment, he said BPK hopes that future subsidy and compensation management will be increasingly accountable, targeted, and able to provide optimal contributions to national development and public welfare.
“We express our thanks and appreciation to all CEOs and directors of SOEs and related business entities who have cooperated cooperatively and communicatively so that this audit process runs smoothly and on time,” he said.