Purbaya Adds State Investment of IDR 1.96 Trillion to Three International Financial Institutions

JAKARTA - Minister of Finance Purbaya Yudhi Sadewa has set an additional government investment of around IDR 1.96 trillion to three international financial institutions in the 2026 Fiscal Year.

The policy is contained in the Minister of Finance Regulation (PMK) Number 42 of 2026 concerning the Addition of Investment of the Government of the Republic of Indonesia in International Financial Institutions for the 2026 Fiscal Year.

Through the regulation, the government increased capital participation in three international institutions, namely the Islamic Development Bank (IsDB), the International Fund for Agricultural Development (IFAD), and the International Development Association (IDA), and all funding comes from the State Budget (APBN) for the 2026 Fiscal Year.

"The addition of government investment as referred to shall be sourced from the 2026 Budget Year State Budget," reads Article 3 paragraph (5).

The largest portion is allocated to the Islamic Development Bank (IsDB) with a value of around IDR 1.69 trillion or equivalent to 75.865 million Islamic Dinars, namely the funds will be used to meet the obligations for the payment of the fourth general share increase, the sixth general share increase, and the addition of special shares of Indonesia in the institution.

Furthermore, the government allocated an investment of IDR 49.5 billion or the equivalent of 3 million US dollars to the International Fund for Agricultural Development (IFAD), which will be used to pay for the addition of Indonesia's 13th round of shares in the institution that focuses on developing the agricultural sector and poverty alleviation in developing countries.

Meanwhile, the investment to the International Development Association (IDA), part of the World Bank Group, was set at IDR 220.275 billion or equivalent to 13.35 million US dollars, namely the funds are intended for the payment of additional shares of Indonesia 19, 20, and 21 at IDA.

In the policy, it is explained that the addition of government investment aims to become the basis for implementing state investment in international financial institutions during the 2026 fiscal year.

The implementation was carried out by the Director of Multilateral Cooperation and Sustainable Finance at the Directorate General of Stability and Development of the Financial Sector as the User Authority of the Budget of the Sub-section of the Budget of the General Treasurer of the State (BUN) of Government Investment.

This PMK also regulates the possibility of changes in investment values if there are fluctuations in the exchange rate of the currency and the final amount of government investment will be determined through the Minister of Finance's Decree after all payment processes to each institution have been completed.