Indonesian academic proposes Islamic debt-free public finance model in France

Dr Any Setianingrum from Universitas YARSI presented a paper on redistribution as Islamic economic governance at the SASE 2026 conference in France.

The paper titled Redistribution as Governance: An Islamic Framework for Sustainable Public Treasury offers a financial architecture that optimizes productive assets, zakat, and wakaf. The model aims to reduce a country's reliance on debt.

Any stressed that redistribution must serve as a key governance indicator, not merely a social activity. She also suggested using AI to enhance transparency and detect corruption.

The SASE 2026 conference in France brought together academics from over 50 countries. Only 45 percent of papers were selected, including contributions from Universitas YARSI, Universitas Indonesia, Universitas Gadjah Mada, and Institut Teknologi Bandung.

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Finance Minister Purbaya Yudhi Sadewa addressing media about tax restitution policies in a government office.
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Purbaya denies quota on tax restitution at KPP offices

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Finance Minister Purbaya Yudhi Sadewa denied any limits on tax restitution payouts at local tax offices, following recent actions against officials and new rules on restitution processes.

Indonesian students at Al-Azhar University in Egypt have prepared four policy briefs in response to five demands from student protests in Indonesia.

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The Samsat Coordination Meeting for Fiscal Year 2026 took place in Semarang on April 22, 2026, to accelerate digital transformation of Samsat services. Attendees included representatives from Polri, the Ministry of Home Affairs, and Jasa Raharja across Indonesia. Speakers highlighted synergy among the three pillars and easing vehicle tax payments.

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.

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Egypt's Ministry of Planning and Economic Development highlighted its Masdar platform as a key tool for improving decision-making and directing financing to priority sectors at the UN Economic and Social Council Forum on Financing for Development in New York City.

Vice President Gibran Rakabuming Raka affirmed his commitment to improve management of the Free Nutritious Meals program and Merah Putih Village Cooperatives to keep them free from corruption.

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President Prabowo Subianto led a four-hour government work meeting at the Presidential Palace on April 8, 2026, involving ministers, echelon I officials, and BUMN directors. He stressed improving bureaucratic efficiency, reducing leaks, and committing to keep debt ratio below 40 percent of GDP and APBN deficit under 3 percent. The meeting also addressed protein self-sufficiency and food security.

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