Purbaya Reveals New Evidence That Indonesian Households' Wallets Are Still Safe

Finance Minister Purbaya Yudhi Sadewa has insisted that the purchasing power of Indonesian households remains secure through the end of April 2026, i.e., Q1 2026. He noted that sales of cars and motorcycles had previously declined, but the growth trend had rebounded by April 2026, providing evidence that Indonesian households’ purchasing power is still intact. ‘Car sales grew by 55%, and motorcycle sales rose by 28.1%,’ he said at the APBN KITA press conference for the April 2026 edition on Tuesday 19 May 2026. He is confident that sales of cars and motorcycles will rise again in June 2026, in line with the introduction of incentive subsidies and the PPN DTP for electric vehicles. ‘We want a little stimulus in the economy,’ said Purbaya. The government, as is known, is preparing incentive quotas of 100,000 units of electric cars and 100,000 units of electric motorcycles this year. For electric motorcycles, the government will provide a subsidy of Rp 5 million per unit. For electric cars, incentives will take the form of a Government-Borne Value-Added Tax (PPN DTP) of 40% to 100%.