October 28, 2025 | 10:27 am
TEMPO.CO, Jakarta - Indonesia's Minister of Finance Purbaya Yudhi Sadewa prepares a strategy to address the government debt reaching Rp9,138.05 trillion. One of the measures taken is to reduce the deficit.
One of the steps taken is targeted spending. "The first strategy is to spend the budget, targeted and on time, with no leakage, to optimize the budget impact on the economy," said Purbaya at the Ministry of Finance office, on Monday, October 27, 2025.
Thus, he said, economic growth will be faster, leading to an increase in state revenue. "Tax revenue will also be higher, so I can reduce the deficit from there," he said.
Increasing the tax ratio is also a focus of the national treasurer. According to Purbaya, improving revenue sectors such as customs duties, taxes, Coretax, and others, can improve the tax ratio figure.
He is also confident that the tax ratio can grow by half to one percent if the real sector growth improves. This growth figure, along with additional state revenue of at least Rp100 trillion,
Purbaya also ensures that obstacles to the real sector growth can be significantly reduced. "So, if I go here and there, it's not like there's no work. Because I am betting that in this quarter, at least the economic growth rate will be faster than in the previous quarters. We target above 5 percent, if possible, it's a blessing," he said.
The Ministry of Finance noted that the central government's debt until the end of the first semester of 2025 reached Rp9,138.05 trillion. According to the Director General of Financing and Risk Management (DJPPR) Suminto, the amount is still within safe and moderate limits compared to other countries.
Suminto explained that the debt value is equivalent to 39.86 percent of the gross domestic product (GDP). He said that this figure reflects a healthy and manageable debt position. "This is quite low and moderate compared to many other countries," said Suminto during a media gathering in Bogor, West Java, on Friday, October 10, 2025.
Nandito Putra contributed to the writing of this article.
Editor’s Choice: Purbaya Cracks Down on Illegal Thrift Imports, Says 'I'll Arrest Those Who Refuse First'
Click here to get the latest news updates from Tempo on Google News
Deputy Minister Explains Indonesia's Preparations for 2026 Hajj
12 menit lalu
Preparation for next year's Hajj operations is estimated to commence on April 18, 2026, coinciding with the 1st of Dzulqa'dah 1447 Hijriah.
Threat of Greenwashing Behind Indonesia's Climate Mitigation
43 menit lalu
The Indonesian government is ready to submit its latest climate mitigation commitment document.
Coal Entrepreneurs Worry B50 Implementation Will Reduce Industry Competitiveness in Indonesia
2 jam lalu
Implementation of Biodiesel 50 (B50) is considered to potentially increase production costs and reduce the competitiveness of the mining industry.
Twibbon Link for Indonesia's Youth Pledge Day Commemoration, Free Access
3 jam lalu
The Sumpah Pemuda (Youth Pledge) Twibbon design is voluntarily created by netizens. The Sumpah Pemuda Twibbon can also be downloaded and used for free.
Pizza Hut Indonesia Turns Loss into Rp15.9 Billion Profit
3 jam lalu
Pizza Hut Indonesia records a net sales of Rp2.2 trillion in Q3-2025, an increase from Rp2.03 trillion in the same period last year.
Hajj Ministry Responds to Business Association's Protest Regarding Indonesia's Independent Umrah
3 jam lalu
Deputy Minister of Hajj and Umrah Dahnil Anzar Simanjuntak stated that the rejection from business associations against the legalization of independent Umrah is normal
Purbaya Cracks Down on Illegal Thrift Imports, Says 'I'll Arrest Those Who Refuse First'
14 jam lalu
Responding to resistance from thrift store operators against tighter import rules, Minister Purbaya said, "Those who refuse, I will arrest first. "
Eleven UK Companies Explore Cybersecurity Opportunities in Indonesia
16 jam lalu
Eleven cybersecurity companies from the UK are part of an innovative sector involving academics, entrepreneurs, and the government.
Jokowi on Whoosh Polemic: Mass Transport is for Public Service, Not for Financial Profit
16 jam lalu
Jokowi commented on the Jakarta-Bandung High-Speed Rail or Whoosh project, which reportedly carries a debt burden of up to Rp118 trillion.
Diaspora Convenes 'Indonesia Bergerak' Congress Ahead of Youth Pledge Day
17 jam lalu
The diaspora held the 'Indonesia Bergerak' Congress virtually before the Youth Pledge commemoration.
