Cabinet secretary denies rumors of chaos in Indonesia soon

Cabinet Secretary Teddy Indra Wijaya has denied rumors that Indonesia will face chaos soon. He assured that everything is under control, with stable fuel prices and a solid economy. The statement came during a meeting with reporters at the Presidential Palace Complex on April 10, 2026.

Jakarta – Cabinet Secretary Teddy Indra Wijaya affirmed that Indonesia will not face chaos anytime soon. "Everything is under control," he told reporters at the Presidential Palace Complex on Friday (April 10, 2026), dismissing circulating wild rumors.

He noted that the Middle East war has led many countries to raise fuel prices. However, President Prabowo Subianto decided to keep subsidized BBM prices unchanged. "That's a fact. You can see it in neighboring countries yourself," Teddy said.

Indonesia's economy shows optimistic signs, with public purchasing power maintained. During two Eid al-Fitr periods under Prabowo's administration, essential goods prices remained stable and available. Mudik and return traffic flowed smoothly, including at Terminal Pulo Gebang and Pasar Senen Station.

Teddy highlighted the government's commitment to providing essentials, fuel, and stability. "Don't worry, citizens," he urged.

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Finance Minister Purbaya Yudhi Sadewa assures fiscal safety and stable fuel prices at press conference.
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Finance minister assures fiscal safety amid global uncertainty

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Finance Minister Purbaya Yudhi Sadewa urged the public not to panic amid uncertain global conditions, assuring that fiscal and state revenue positions remain safe. He highlighted a Rp 420 trillion Saldo Anggaran Lebih (SAL) as a layered defense. The decision to hold subsidized fuel (BBM) prices steady until the end of 2026 follows direct instructions from President Prabowo Subianto.

Cabinet Secretary Teddy Indra Wijaya criticized pundits for presenting inaccurate data, calling it an 'inflation of pundits'. He warned against statements that create anxiety about Indonesia among the public. The remarks were made at the Presidential Palace Complex in Jakarta on Friday (April 10, 2026).

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President Prabowo Subianto stated that Indonesia overcame the Covid-19 pandemic through efficiencies like working from home, which significantly saved fuel. He emphasized the need to prepare for worst-case scenarios from the Middle East conflict that could raise fuel prices. This speech was delivered at the Full Cabinet Meeting at the State Palace on March 13, 2026.

Finance Minister Purbaya Yudhi Sadewa has limited new budget requests from ministries and agencies to safeguard the state budget amid global turbulence. He proposed work-from-home every Friday for civil servants and private sector after Eid al-Fitr 2026 to save up to 20 percent on fuel. This responds to the energy crisis from Middle East conflict.

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CORE Indonesia projects March 2026 annual inflation at 3.5-3.6 percent, down from February's 4.76 percent. The forecast reflects a low-base effect from electricity tariffs, though Lebaran and non-subsidized fuel prices may push monthly inflation higher. Official BPS data is due on April 1, 2026.

Finance Minister Purbaya Yudhi Sadewa is optimistic that the 2026 state budget deficit can be controlled due to January tax revenue growth of 30.8 percent. This achievement reached Rp116.2 trillion, or 4.9 percent of the budget target. The government's strategy emphasizes economic stimulus over tax rate increases.

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Coordinating Minister for the Economy Airlangga Hartarto has proposed issuing a government regulation in lieu of law (Perppu) on the 2026 state budget to President Prabowo Subianto. The proposal arises from the potential for the APBN deficit to exceed 3 percent due to surging global oil prices amid the Middle East conflict. This was presented during a full cabinet plenary session at Istana Negara in Jakarta on March 13, 2026.

 

 

 

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