Purbaya Yudhi Sadewa Attends First Meeting as Minister of Finance at Commission XI of the House of Representatives

Finance Minister Purbaya Yudhi Sadewa attended his first working meeting with Commission XI of the Indonesian House of Representatives on Wednesday, September 10, 2025. (Photo: Aris Nurjani/VOI)

JAKARTA - Minister of Finance Purbaya Yudhi Sadewa attended his inaugural working meeting with Commission XI of the Indonesian House of Representatives (DPR RI) on Wednesday, September 10, 2025.

Purbaya was officially inaugurated by President Prabowo Subianto on Monday, September 8, 2025, as State Treasurer.

The working meeting began at 10:50 a.m. Western Indonesian Time and was chaired by the Chairman of Commission XI of the DPR RI, Mukhamad Misbakhun.

"We are meeting with the Minister of Finance, who was just inaugurated by the President two days ago. For Commission XI, Mr. Purbaya is not an unfamiliar name; it's just a different location. He has been a long-time working partner with Commission XI. Previously, he was our partner as Chairman of the Deposit Insurance Corporation (LPS), and now we are partnering as Minister of Finance," Misbakhun said at the opening of the meeting.

Purbaya acknowledged that his position as Minister of Finance carries greater responsibilities, including ensuring the delivery of public statements. He will refer to a speech prepared by his staff in this presentation.

"This is my first visit as Minister of Finance, usually in the role of LPS. When I was LPS Chairman, I was said to speak a bit like a cowboy, but now I'm not allowed to. I've just felt the impact, apparently it's different, so now I'll refer to the speech prepared by my staff here. So there's no more free session," he said, to laughter from the meeting participants.

A member of Commission XI then responded to the joke by saying, "Mr. Minister, you can be cowboy as long as it's meaningful." Purbaya replied curtly, "Ready, ready. Thank you, Sir."

The main agenda for today's working meeting was a discussion of the Ministry of Finance's 2026 Work Plan and Budget (RKA).

According to records, the Ministry of Finance's total budget next year will reach IDR 52.01 trillion, which includes the budgets for seven Public Service Agencies (BLU) under the Ministry of Finance's coordination.

Excluding the Public Service Agency (BLU) budget, the Ministry of Finance's indicative budget of IDR 41.64 trillion is allocated for five main programs: the fiscal policy program, the state revenue management program, the state expenditure management program, the treasury management program, state assets and risk, and the management support program.

Meanwhile, the budget for the seven BLUs reached IDR 10.38 trillion, with the following breakdown: the Education Fund Management Institute (LPDP) at IDR 3.93 trillion, the Plantation Fund Management Agency (BPDP) at IDR 6.06 trillion, the International Development Cooperation Fund (LDKPI) at IDR 43.01 billion, the Environmental Fund Management Agency (BPDLH) at IDR 69.60 billion, the Government Investment Center (PIP) at IDR 95.64 billion, the State Asset Management Institute (LMAN) at IDR 163.47 billion, and the State Finance Polytechnic (PKN STAN) at IDR 15.03 billion.