State Budget Deficit Hits IDR 240 Trillion in March 2026

Rendy Andriyanto
Rendy Andriyanto
Gotrade Team
Reviewed by Gotrade Internal Analyst
State Budget Deficit Hits IDR 240 Trillion in March 2026

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Gotrade News - As of the end of March 2026, the state budget deficit reached IDR 240.1 trillion, or 0.93% of GDP. This deficit is 140.5% higher compared to the same period last year, primarily driven by the increased realization of state spending early in the year.

  • Deficit increased by 140% YoY.
  • Acceleration in spending is a key strategy.
  • Economic impact is expected to be more evenly distributed.

State spending realization reached IDR 815 trillion by March, marking a 31.4% year-over-year increase. Meanwhile, state revenue recorded IDR 574.9 trillion, growing 10.5% YoY. This acceleration in spending is aimed at boosting the economy earlier in the fiscal year.

Along with this acceleration, tax revenues also grew by 20.7%. However, customs and excise revenues fell by 12.6%, and non-tax state revenues (PNBP) declined by 3%. The effort to evenly distribute spending is expected to provide significant economic impacts throughout the year.

Purbaya Yudhi Sadewa emphasized that this new strategy is starting to show positive results. Even as spending increases, early-year budget allocation and distribution are expected to foster more sustainable growth. The government aims to ensure that the impact of state spending is felt more swiftly and widely.

The 2026 state budget deficit target is IDR 689.1 trillion or 2.68% of GDP. Purbaya stated, the public should not be surprised by the current deficit situation. With the new spending strategy, the government hopes to accelerate fiscal momentum and mitigate potential economic challenges.


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