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

Jakarta, VIVA and ANTARA – Finance Minister Purbaya Yudhi Sadewa stated Indonesia's fiscal position is secure to support subsidies and fuel (BBM) price controls amid global uncertainty. He emphasized that the ministry meticulously calculates national finances, budget efficiency, and oil price simulations.

One key indicator is the Rp 420 trillion Saldo Anggaran Lebih (SAL). "Jadi itu menunjukkan bahwa kita masih punya pertahanan berlapis. Jadi teman-teman enggak usah takut," Purbaya said during a media talk at the Finance Ministry in Jakarta on Tuesday (April 7, 2026).

Purbaya clarified that the policy to keep subsidized BBM prices steady until the end of 2026 is not a personal or sectoral initiative but a directive from President Prabowo Subianto. "Itu semua dikerjakan setelah mendapat arahan dari Pak Presiden," he said. The President considers economic impacts in detail, including simulations for oil prices at US$80, US$90, and US$100 per barrel.

The government also factors in revenue boosts from the ESDM sector and policies by Minister Bahlil. "Karena saya memastikan bahwa uangnya ada," Purbaya added.

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Discussions on X reflect mixed sentiments: support for Finance Minister Purbaya's assurances on fiscal safety and stable BBM prices until 2026, alongside criticisms of rising subsidy costs leading to higher debt, skepticism on the sufficiency of the Rp420 trillion SAL buffer, and concerns over potential smuggling due to low domestic prices.

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Finance Minister Purbaya Yudhi Sadewa announces budget limits and Friday work-from-home policy to combat fuel crisis from Middle East tensions.
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Purbaya limits new budgets and proposes Friday WFH to save fuel

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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.

Coordinating Minister for the Economy Airlangga Hartarto assured that the government will maintain subsidized fuel (BBM) prices until the end of 2026. Prices for non-subsidized fuels remain under review and will be announced once finalized.

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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.

Escalation of conflict between the US, Israel, and Iran in the Middle East has driven global oil prices above US$100 per barrel, weakening the rupiah to Rp17,000 and sharply dropping the IHSG. The Indonesian government asserts the domestic economy remains in expansion despite risks of inflation and layoffs. Energy Minister Bahlil Lahadalia guarantees no increase in subsidized fuel prices until Eid.

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The Indonesian government is optimistic that economic growth in the first quarter of 2026 will reach 5.5-6 percent, breaking the stagnant pattern around 5 percent. Finance Minister Purbaya Yudhi Sadewa stated this at the Indonesia Economic Outlook 2026 event in Jakarta.

Finance Minister Purbaya Yudhi Sadewa said Indonesia's rupiah should strengthen due to strong national economic fundamentals. However, the rupiah weakened to Rp16,997 per US dollar on March 16, 2026. He remains confident the IHSG will hit 10,000 by end-2026.

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Coordinating Minister for the Economy Airlangga Hartarto targets total public spending of Rp 110 trillion by the end of 2025 through national discount programs. These include the National Online Shopping Day, which reached Rp 35 trillion, and the 'Shop in Indonesia Only' campaign aiming for Rp 30 trillion until January 4, 2026. The goal is to boost consumption and contribute to national economic growth.

 

 

 

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