Indonesian Political, Business & Finance News

Yesterday: Placement of Rp100 Trillion SAL Funds to Inauguration of OJK Board

| Source: ANTARA_ID Translated from Indonesian | Finance
Yesterday: Placement of Rp100 Trillion SAL Funds to Inauguration of OJK Board
Image: ANTARA_ID

Jakarta (ANTARA) - Various economic events were reported by the ANTARA News Agency on Wednesday (26 March), ranging from the government adding Rp100 trillion in excess budget balance (SAL) funds to the banking sector, to the inauguration of the Chairman of the Board of Commissioners (DK) of the Financial Services Authority (OJK) along with six other board members. Here is a summary of yesterday’s economic news worth noting today, Thursday. Finance Minister Adds Rp100 Trillion SAL Funds to Banking Purbaya Yudhi Sadewa, the Finance Minister of Indonesia, stated that the government has again added Rp100 trillion in excess budget balance (SAL) funds to the banking sector. With this addition, the total SAL funds placed in banking reach approximately Rp300 trillion. “A week before Eid, I added another Rp100 trillion, injecting it into the economic system. We are seriously maintaining liquidity in the financial system,” said Purbaya in Jakarta on Wednesday. Finance Minister Purbaya Extends SPT Reporting Deadline to 30 April Indonesia’s Finance Minister Purbaya Yudhi Sadewa confirmed that the deadline for submitting annual personal income tax notices (SPT) for individual taxpayers (WP OP) will be extended to 30 April 2026 from the original 31 March 2026. The Ministry of Finance will soon issue an official regulation through a Circular Letter (SE) as the basis for this policy. “(The SPT reporting extension) to 31 April. Extended by one month,” said Purbaya at his office in Jakarta on Wednesday. Transport Minister: Public Transport Users Up 11.11% Until H+3 Eid Transport Minister Dudy Purwagandhi stated that public transport users increased by 11.11% until H+3 of Eid al-Fitr 1447 Hijriah, reaching 15.39 million people compared to 13.85 million passengers in the same period the previous year. “Based on preliminary monitoring results from the Integrated Eid Transport Central Post 2026, passenger movements via public transport from H-8 (13 March 2026) to H+3 (24 March 2026) totalled 15,397,417 people, up 11.11% from Eid transport 2025 which was 13,858,086 people,” said Dudy in a statement in Jakarta on Wednesday. Finance Minister Purbaya Says MBG Efficiency Could Save Rp40 Trillion Per Year Indonesia’s Finance Minister Purbaya Yudhi Sadewa stated that efficiencies in the Free Nutritious Meal Programme (MBG) could potentially save the state budget up to Rp40 trillion per year. These efficiencies are planned by reducing the number of operational days. The MBG provision is proposed to be five days a week from the previous six days. “Usually a week (for MBG) is six days, he (the BGN Head) says five days. So there is also efficiency from MBG, there is quite a significant reduction. He says it can (save) Rp40 trillion a year,” said Finance Minister Purbaya in Jakarta on Wednesday. Friderica and Six OJK Board Members for 2026-2031 Take Oath at Supreme Court Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Friderica Widyasari Dewi, along with six Commissioners, took their oath before Supreme Court Chief Justice Sunarto on Wednesday (25 March). With this oath-taking, Friderica and the six new commissioners officially assume their positions for the 2026-2031 period. “Based on Presidential Decree of the Republic of Indonesia Number 30/P of 2026 dated 17 March 2026, you have been appointed as Chairman, Vice Chairman, and Members of the Board of Commissioners of the Financial Services Authority,” said Supreme Court Chief Justice Sunarto during the oath-taking of the OJK board members at the Supreme Court in Jakarta on Wednesday.

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