Purbaya: Danantara Has Prepared SOE Dividends for State Budget Reserves

Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has claimed that the Danantara Investment Management Agency (BPI Danantara) has already prepared allocations of state-owned enterprise (SOE) dividends that will become fiscal reserves for the government.

However, his office still needs to discuss the allocation of these SOE dividends with BPI Danantara. He also confirmed that the handover of these fiscal reserves will be decided this year.

“It is still being discussed with Mr Rosan. It will be decided this year, he said. The funds are already available, but they are still being discussed,” he explained.

As is known, since the establishment of Danantara, the government has decided to divert SOE dividends from the Non-Tax State Revenue (PNBP) account for Separated State Assets (KND) to Danantara.

However, in accordance with the President’s directive, a portion of Danantara’s profits must be set aside as reserves for state finances. In fact, according to Purbaya, these SOE dividends are expected to reduce the need for new debt.

“There is an idea from the President to place a portion of Danantara’s profits as government reserves, so that it can also reduce our debt,” said Purbaya.

Previously, President Prabowo Subianto stated that he had received a report that the revenue of the Danantara Investment Management Agency (BPI) had surged by up to 400%.

This achievement was attained within just one year of Danantara’s launch in 2025. The President requested that the revenue figure be verified through a comprehensive audit.

“In one year of Danantara’s operation, I received a report that the revenue or income from Danantara has risen by 400%, more or less. This must continue to be audited, and we must continue to check it. But even if it is not 400%, even 300% or 200%, this is still a very significant increase in one year of work,” said Prabowo during his remarks.

Currently, Danantara holds total SOE assets of approximately US$1,000 billion, equivalent to Rp17,800 trillion. Danantara is targeted to generate a minimum profit of Rp800 trillion (US$50 billion) per year for the state treasury.