Finance Minister: State Budget Deficit Decreases to 0.64 Per Cent in April 2026

The state budget deficit stood at Rp164.4 trillion, or 0.64 per cent of Gross Domestic Product (GDP), as of 30 April 2026. By comparison, the budget deficit as of 31 March reached 0.93 per cent of GDP, or Rp240.1 trillion.

“The deficit is now down to Rp164.4 trillion, or 0.6lar per cent of GDP. In March, it was 0.93 per cent. Therefore, the situation is improving,” stated Purbaya during the APBN KiTa May 2026 press conference in Jakarta on Tuesday.

State revenue recorded a growth of 13.3 per cent, with a realisation of Rp918.4 trillion, equivalent to 29.1 per cent of the state budget target of Rp3,153.6 trillion. Tax revenue grew by 13.7 per cent to Rp746.9 trillion. Specifically, tax receipts increased by 16.1 per cent to Rp646.3 trillion, while customs and excise grew by 0.6 per cent to Rp100.6 trillion.

The Finance Minister stated that tax revenues will be pursued for even higher growth in the future, particularly with targets to achieve growth of up to 20 per cent. “We will strive towards that. This is clearly better compared to April last year, which was minus 10.8 per cent,” said Purbaya.

Meanwhile, non-tax state revenue (PNBP) grew by 11.6 per cent to Rp171.3 trillion. On the expenditure side, state spending grew significantly by 34.3 per cent to Rp1,082.8 trillion, representing 28.2 per cent of the total budget target of Rp3,842.7 trillion.

Central government expenditure grew by 51.1 per cent to Rp826 trillion. The state treasurer noted that this realisation is the result of a strategy to even out the distribution of government spending throughout the year. In detail, spending by ministries and agencies (K/L) grew by 57.9 per cent to Rp400.5 trillion, while non-K/L spending grew by 45.2 per cent to Rp425.5 trillion.

In contrast to the growth in central government spending, the realisation of transfers to regions (TKD) contracted by 1 per cent, valued at Rp256.8 trillion. Furthermore, the primary balance shifted to a surplus after previously experiencing a deficit, reaching a value of Rp28 trillion. A primary balance surplus indicates that the fiscal position remains adequate to manage revenue, expenditure, and debt.

“Both the primary balance and the April deficit compared to March have improved,” concluded Purbaya.