IMF and World Bank Offer Loans of up to 30 Billion US Dollars, Purbaya: Our National Budget is Still Safe

JAKARTA - Finance Minister Purbaya Yudhi Sadewa explained the results of his meeting with the International Monetary Fund (IMF) and the World Bank (World Bank) which took place on the sidelines of his visit to Washington DC, United States, on April 13-17, 2026.

He explained that one of the main topics discussed was Indonesia's commitment to keep the State Budget (APBN) deficit below 3 percent.

In the discussion, continued Purbaya, there was quite an intense debate regarding the government's strategy in dealing with the turmoil in world oil prices.

"It was a lively debate, questioning what our policy is and we explain what it is. One of the questions asked was the deficit at 3 percent, the subsidy increased, how do we cover it? Yes, we explain," he told the media, Tuesday, April 21.

He also emphasized that the government had provided explanations regarding the steps taken and continued to strive to maintain the fiscal deficit limit through various means, including budget efficiency.

In addition, Purbaya said, Indonesia also still has a strong fiscal cushion in the form of a Budget Surplus (SAL) of Rp420 trillion.

He added that the government also relies on additional revenue from the mineral resources sector as one of the pillars of the state's finances, as well as ensuring that the fiscal condition remains safe thanks to the reserves.

Furthermore, Purbaya revealed that the IMF and the World Bank had offered loans to Indonesia, with a value ranging from 20 billion to 30 billion US dollars for countries in need.

In response to this, he admitted that he did not respond to the World Bank, while to the IMF he firmly rejected the offer.

"In the middle of it, they said that they had provided money, some said 20 billion US dollars to 30 billion US dollars to provide assistance to countries in need. If I am silent at the World Bank, but the last one said again 'if you want it to be used, you can', ask him to owe him," said Purbaya.

"The IMF is the same. I said yes, thank you for the offer, but now our state budget is still good and I don't need it yet," added Purbaya.