Minister of Finance Purbaya Yudhi Sadive said that he was ready to issue emergency funds in the context of dealing with flash floods and landslides in Sumatra.
Speaking to the media on the sidelines of the 2025 International Policy (CIFP) on the sidelines of the Conference on Indonesian Foreign Policy (CIFP) in Jakarta, Saturday, November 29, Minister Purbaya admitted that he was not aware of any rules related to joint funds or the Pooling Fund Disaster (PFB), but he emphasized that he was ready to spend reserve funds to overcome the impact of disasters in Sumatra.
"I'm not in that field. But if I'm told to pay, I'll pay, that's all," said Purbaya, quoted by Antara.
PFB's innovative funding was issued through Presidential Regulation Number 75 of 2021 concerning the Joint Disaster Management Fund on August 13, 2021.
Reporting from the website of the Ministry of Finance, PFB is the government's effort to realize its commitment to strengthening fiscal resilience in tackling the impact of natural and non-natural disasters.
PFB allows the government to regulate disaster risk funding strategies through the APBN/APBD, as well as move the risk to third parties through the insurance of government and community assets. Thus, the cost of handling major disasters does not only rely on the annual allocation of the APBN/APBD.
The existence of PFB is expected to accelerate recovery and protect the people most affected, namely the poor and vulnerable.
President Prabowo Subianto stated that the focus of the current government is to distribute aid to areas that are being hit by natural disasters.
Regarding the possibility of determining disaster status, the President stated that the government was still conducting field monitoring before making further decisions.
BACA JUGA:
Several parties have urged the central government to establish a national disaster emergency status related to floods and landslides that hit Sumatra recently, especially in North Sumatra, West Sumatra, and Aceh.
The main reason for the pressure is the scale of damage and the impact of disasters that are considered to have exceeded the capacity of local governments to handle them themselves.
Although the relevant provincial government has established an emergency response status at the local level, the urgent parties argue that national disaster status is needed to mobilize greater resources, aid, and handling and coordinated from the central government.
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