LDKPI Targets IDR 552 Billion Grant Distribution By 2026

President Director of the International Development Cooperation Fund Institute (LDKPI) Dalyono. (Photo: Aris Nurjani/VOI)

BOGOR - President Director of the International Development Cooperation Fund Institute (LDKPI) Dalyono said that for the 2026 fiscal year, the targeted grant value is IDR 552 billion.

"For 2026, the target is IDR 552 billion. There is a slight increase from year to year," he said at the 2026 State Budget Complete Tax, Thursday, October 9.

However, Dalyono emphasized that LDKPI's ability to provide grants really depends on fiscal capacity sourced from profit from the management of endowment funds.

He added that in 2024, LDKPI recorded a grant value of IDR 315 billion.

Meanwhile, for 2025, the total target of grants is IDR 525 billion and when combined with grants outside the Endowment Fund for Grant Development (non-DRPH), the total planned grant value reaches IDR 573 billion.

"Until September it was around Rp433 billion. Of which Rp200 billion came from our grant to Palestine. So the range is around Rp433 billion. If we compare it with the targets we will achieve, it still needs to be increased," he said.

Although this achievement has not met the annual target, he emphasized, a number of grants are still in the process of being implemented and are expected to be realized in the fourth quarter of 2025.

Dia menambahkan, dengan turunnya tingkat suku bunga acuan dan kondisi pasar keuangan yang lebih kompetitif turut mempengaruhi tingkat imbal hasil yang dapat diperoleh lembaga.

"Kalau sebelum-sebelumnya mungkin kita bisa mendapat sampai di angka 7 persen, 6,5 persen. Berarti kita sekarang ini tidak akan jauh-jauh dari angka 4,75 persen, sebagaimana menjadi acuan dari bank Indonesia ataupun kalau kemudian kita sesuaikan dengan kondisi perbankan, mungkin tidak akan lebih dari 5 persen, 5,5 persen," jelasnya.

Kondisi tersebut membuat ruang fiskal yang tersedia untuk hibah menjadi lebih terbatas dibandingkan tahun-tahun sebelumnya.

"Jadi, tentu dalam penetapannya juga mempertimbangkan kondisi fiskal yang kita miliki, terutama karena sumbernya hanya dari pengelolaan dana abadi kita," pungkasnya.

He added, the decline in the benchmark interest rate and more competitive financial market conditions also affected the level of yields that could be obtained by the institution.

"Previously, maybe we could get up to 7 percent, 6.5 percent. This means that we will not go far from 4.75 percent, as a reference from the Indonesian bank or if later we adjust it to banking conditions, maybe it will not be more than 5 percent, 5.5 percent," he explained.

This condition makes the available fiscal space for grants more limited than in previous years.

"So, of course, in determining it also considers the fiscal conditions we have, especially because the source is only from the management of our endowment funds," he concluded.