Indonesian Political, Business & Finance News

Purbaya Reviews Central Java's Regional Budget Performance

| Source: CNBC Translated from Indonesian | Economy
Purbaya Reviews Central Java's Regional Budget Performance
Image: CNBC

Finance Minister Purbaya Yudhi Sadewa has revealed that the Regional Revenue and Expenditure Budget (APBD) performance for Central Java Province remains stable amidst uncertain global conditions.

Purbaya explained that throughout the first semester of 2026, Central Java’s regional revenue reached 46.56% of its target, representing a year-on-year growth of 13.33%. Meanwhile, state expenditure realisation reached 52.06% of the target set by the government.

“This demonstrates that the role of the State Budget (APBN) remains optimal in supporting development and public services,” said Purbaya during his visit to the Semarang I State Treasury Service Office (KPPN), as quoted from a press release on Friday (3/7/2026).

Economic growth in Central Java was recorded at 5.89%, reflecting the region’s economic resilience supported by industrial and trade activities, as well as various government programmes that drive community productivity. This improvement in economic conditions is further supported by an increasingly healthy state budget posture alongside the development of the industrial sector in Central Java.

“The Ministry of Finance in Central Java continues to encourage various efforts to improve community welfare in the region, with economic indicators that still need to be strengthened,” Purbaya explained.

Furthermore, in the field of regional financial management, the Regional Office of the Directorate General of Treasury (DJPb) Central Java continues to promote digital innovation in regional revenue. One such effort includes conducting joint research with local experts to study the optimisation of regional revenue through digitalisation.

Blora Regency has become one of the pilot regions through the implementation of an e-Parking system at the Sidomakmur Market, which is expected to increase transparency and the effectiveness of revenue management.

Purbaya expressed his appreciation for the active role of all Ministry of Finance personnel in the regions, who continue to maintain the quality of state budget implementation while overseeing various government priority programmes.

“The success of the President’s priority programmes requires strong synergy between the central government, regional governments, business actors, and the community,” said Purbaya.

The Finance Minister emphasised that the state budget must continue to be maintained as a healthy, responsive, and accountable fiscal instrument to support the achievement of national development priorities. One of the main focuses that still requires attention is the optimisation of regional budget expenditure performance to ensure its impact on economic growth and community welfare is maximised.

“We will remain committed to maintaining fiscal health, strengthening synergy with regional governments and all stakeholders, and encouraging various policies that support inclusive and sustainable economic growth in Central Java,” Purbaya concluded.

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