Gotrade News - Indonesia's state budget registered a deficit of IDR240.1 trillion at the end of the first quarter of 2026. This occurred amid accelerated state spending to drive economic growth despite an uncertain global environment.
Finance Minister Purbaya Yudhi Sadewa revealed that state revenues reached IDR574.9 trillion by the end of March 2026. This growth was primarily driven by the tax sector, which increased by 20.7% year-on-year.
On the expenditure side, the government has realized state spending of IDR815.0 trillion. This expenditure is equivalent to 21.2% of the total budget for 2026.
Purbaya emphasized that an expansionary fiscal strategy has been implemented by accelerating spending since the first quarter. This approach differs from the previous pattern, which tended to accumulate towards the end of the year.
Despite the increasing deficit, the deficit-to-GDP ratio remains safe at 0.93%. The primary balance deficit stands at IDR95.8 trillion, indicating maintained fiscal control.
Purbaya assured that inflation remains consistent within target limits. This allows Indonesia's economy to grow more expansively without causing significant price pressures.
The achievement in meeting revenue targets reflects the effectiveness of fiscal and monetary policies. Coordination between the two has successfully maintained consumer purchasing power.
With the predicted deficit, the government remains optimistic that the budget is designed to support economic competitiveness. This strategy aims to create a solid foundation for long-term economic growth.
The global economic pressures due to geopolitical escalations do not hinder the government's efforts to ensure economic stability. This adaptable approach provides room for more expansive policies in the future.
Reference:
- MetroTV, Purbaya: APBN Defisit Rp240,1 Triliun atau 0,92% PDB per Maret 2026. Accessed on April 6, 2026
- IDNFinancials, Belanja negara melonjak, APBN tekor Rp240,1 triliun di kuartal I. Accessed on April 6, 2026
- Sindonews, Defisit APBN Maret 2026 Tembus Rp240,1 Triliun, 0,93% dari PDB. Accessed on April 6, 2026
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