Finance Minister Purbaya Yudhi Sadewa has denied rumors that state cash reserves are down to Rp120 trillion, reaffirming that the national budget remains adequate. He clarified that the amount is part of the government's Saldo Anggaran Lebih parked at Bank Indonesia. The government has injected portions into banking liquidity.
Purbaya delivered the denial during a media briefing at Gedung BPPK in South Jakarta on Friday, April 24, 2026.
"No need to worry about the APBN, it's still sufficient. We still have plenty of money," he said.
He explained that Rp120 trillion is part of the total Saldo Anggaran Lebih of Rp420 trillion. The remaining Rp300 trillion has been used to inject banking liquidity to accelerate economic activity. The government initially placed Rp200 trillion, followed by an additional Rp100 trillion ahead of Lebaran, in the form of on-call deposits that can be withdrawn as needed.
"Previously it was usually kept at BI, now it should enter the economy. That's what has supported economic growth in recent months. But the money isn't gone, it's still my deposit. It's a smart move," Purbaya stated.
As of end-March 2026, state revenues reached Rp574.9 trillion, up 10.5 percent year-on-year, driven by 20.7 percent tax receipts growth. Spending rose 31.4 percent, with the APBN deficit at 0.93 percent of GDP. Purbaya assured that the budget remains solid as a buffer against global uncertainties.
