Minister of Finance Purbaya Denies the Issue of Rp120 Trillion of State Surplus Money

JAKARTA - Minister of Finance Purbaya Yudhi Sadewa denied the issue that said the state's money currently only remained Rp120 trillion.

Purbaya emphasized that the State Budget (APBN) funds were still at an adequate level.

"Don't be afraid of the state budget, it's still enough. We still have a lot of money," Purbaya told reporters in Jakarta, Friday, April 24, reported by ANTARA.

Regarding the IDR 120 trillion, the funds in question are the government's Surplus Budget Balance (SAL) which is usually parked at Bank Indonesia (BI).

The Minister of Finance stated that the Rp120 trillion fund was part of the total SAL which reached Rp420 trillion.

Meanwhile, the remaining Rp300 trillion will be used to inject banking liquidity as capital to accelerate economic activity. This injection of funds aims to pursue the target of national economic growth through the intermediation function of banks.

The government initially placed SAL funds worth Rp200 trillion, which were then followed by an additional Rp100 trillion. This additional funding was carried out ahead of the Lebaran period to ensure that banking liquidity is maintained amid the potential increase in community fund needs.

However, Purbaya emphasized that the placement of the funds was a deposit on call, which could be taken by the government when needed.

"In the past, it was usually put in BI, now it should be included in the economy. That is what has supported economic growth over the past few months. But the money is not spent, it is still my deposit. That is a smart move (smart move) actually," he said.

Meanwhile, in terms of the state budget, as of the end of March 2026, state revenues were recorded at Rp. 574.9 trillion, or grew 10.5 percent (year-on-year/yoy). This surge is mainly supported by the overall tax revenue growth of 20.7 percent (yoy).

Meanwhile, government spending grew 31.4 percent (yoy) and the state budget deficit was maintained at 0.93 percent of gross domestic product (GDP).

The Minister of Finance ensures that the State Budget remains solid and is able to become a shock absorber in the midst of global geopolitical uncertainty.