Minister of Finance (Menkeu) Sri Mulyani Indrawati said the government is targeting a deficit in the range of 2.45 percent to 2.82 percent in the 2025 State Revenue and Expenditure Budget Draft (RAPBN).

Sri Mulyani said that she was targeting the deficit because it was to finance all priority programs belonging to the elected president and vice president Prabowo Subianto-Gibran Rakabuming Raka who had been included in the 2025 Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF).

"The state budget deficit is designed between 2.45 percent to 2.82 percent, government consumption and government investment are estimated to grow in the range of 4.7 percent to 5.2 percent," he said at the 19th DPR Plenary Meeting. Session Period V 2023-2024, Tuesday, June 4.

According to Sri Mulyani regarding the deficit and budget financing, we can convey that the Government appreciates the honorable views of Council Members regarding the importance of maintaining healthy, prudent, and sustainable fiscal management.

Sri Mulyani said that in order to accelerate inclusive and sustainable economic growth, the 2025 fiscal policy was designed to remain expansionary, directed, and measurable.

According to Sri Mulyani, to cover the deficit, it was carried out by encouraging innovative, prudent, and sustainable financing taken, among others, by controlling debt ratios within the manageable limit.

Furthermore, by maintaining the effectiveness of investment financing to support economic transformation by empowering the roles of BUMN, BLU, SMV, and SWF, utilizing SAL to anticipate uncertainty, increasing access to financing for low-income people (MBR) and MSMEs. As well as encouraging a sustainable Government and Business Entity Cooperation (KPBU) scheme.


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