Finance Minister Purbaya Denies State Cash Reserves at Rp120 Trillion and Sufficient for Only Two Weeks

Finance Minister Purbaya Yudhi Sadewa has denied the rumour spreading in public that state cash reserves are now thin, amounting to only Rp120 trillion and sufficient to fund government spending needs for just two weeks. Purbaya stressed that the rumour is entirely incorrect, as it only considers the government’s Surplus Budget Balance (SAL) nominal value of Rp420 trillion, minus the SAL funds placed by the government in banking worth Rp300 trillion. “There are those saying I only have two weeks left. No! My SAL is still around Rp400 trillion, undisturbed,” Purbaya asserted at the BPPK Building in Jakarta on Friday (24/4/2026). According to Purbaya, the total SAL placed in banking does not mean the government’s reserve funds are lost; rather, it is merely transferring accounts from those idle at Bank Indonesia (BI) to the banking sector. Those funds can be withdrawn by the government at any time because they are on-call deposits. “So it’s inaccurate to say the government’s money is left at Rp120 trillion. We maintain good cash management. The Rp300 trillion in banking is just to add liquidity,” Purbaya stated. Therefore, he emphasised that the public need not fear the state cash condition. In his view, the government is quite good at managing cash. “So no need to worry about the government’s state budget. It’s still sufficient and that SAL hasn’t even been touched at all. It’s like money placed in a deposit, right,” he explained.