Purbaya affirms he will remain Finance Minister, following President's direction
Jakarta (ANTARA) - Finance Minister Purbaya Yudhi Sadewa has stated that he will continue his tenure as the state treasurer, following the directives of President Prabowo Subianto.
“We follow the President’s orders. Therefore, the commitment is strong, we keep moving forward. Whether we retreat or advance, we move forward,” Purbany joked during the APBN KiTa June 2026 press conference in Jakarta on Friday.
Purbaya questioned the origins of rumours suggesting his resignation from the post of Finance Minister. He assumed that such issues were being spread to influence market sentiment. However, he emphasised that he continues to carry out his duties and responsibilities as the fiscal authority as usual.
Rumours of Purbaya’s resignation circulated after the Finance Minister attended the Plenary Session regarding the revision of the Law on the Development and Strengthening of the Financial Sector (P2SK) at the House of Representatives (DPR RI) in Jakarta on Thursday (4/6). During the same meeting, Purbaya also participated in the agenda for presenting the views of each parliamentary faction regarding the Macroeconomic Framework and Fiscal Policy Main Points (KEM-PPKF).
When met by journalists after the meeting, Purbaya stated that he would present the realisation of the State Budget (APBN) up to the end of May 2026. The state budget deficit as of May 2026 was recorded at Rp180.4 trillion, or 0.70 per cent of Gross Domestic Product (GDP). State revenue totalled Rp1,185 trillion, equivalent to 37.6 per cent of the APBN target of Rp3,153.6 trillion, representing a year-on-year growth of 19.1 per cent. From the expenditure side, realisation as of May 2026 reached Rp1,365.4 trillion, or 35.5 per cent of the APBN target of Rp3,842.7 trillion, growing by 34.4 per cent year-on-year. With this performance, the primary balance recorded a surplus of Rp58.6 trillion, indicating that the fiscal position remains adequate to manage revenue, expenditure, and debt.