JAKARTA - Finance Minister Purbaya Yudhi Sadewa reported that the State Budget (APBN) deficit as of February 28, 2026 reached IDR 135.7 trillion or equivalent to 0.53 percent of Gross Domestic Product (GDP). Meanwhile, the deficit target for this year is 2.68 percent of GDP.
"With this dynamic, the state budget deficit was recorded at around IDR 135.7 trillion or 0.53 percent of GDP, which is still within the design corridor of the 2026 state budget, so some say last year was a surplus, why is it a deficit this year?, yes, the design of the state budget is a deficit and now we are forcing it to be more evenly distributed throughout the year so that the impact of government spending and others on the economy is more felt," he said in a press conference for the KITA state budget, Wednesday, March 11.
Purbaya said the realization of the state budget until February 28, 2026 showed a strong and maintained fiscal performance with positive state revenues, as well as accelerated state spending to support economic activity.
Purbaya explained that this deficit condition is indeed in accordance with the 2026 State Budget design, and the government deliberately accelerates the realization of spending so that the impact of state expenditures on the economy can be felt more evenly throughout the year.
In terms of state revenue, the total state revenue as of the end of February 2026 was recorded at Rp358 trillion or 11.4 percent of the year-end target of Rp3,153.6 trillion.
"In terms of state revenue, the realization reached Rp. 358 trillion or about 11.4 percent of the state budget target, with a growth of 12.8 percent year on year," he explained.
In addition, the realization of state revenue in February 2026 was 12.8 percent higher than the same period in the previous year which reached Rp317.4 trillion.
He detailed that the realization of state revenue as of February 2026 consists of tax revenue of Rp. 290.0 trillion or 10.8 percent of the 2026 state budget target of Rp. 2,693.7 trillion.
Purbaya said that the tax revenue figure came from tax revenue of Rp245.1 trillion or 10.4 percent of the 2026 state budget target of Rp2,357.7 trillion and customs and excise taxes of Rp44.9 trillion or equivalent to 13.4 percent of the 2026 state budget of Rp336 trillion.
He added that non-tax state revenues (PNBP) reached Rp68.0 trillion or 14.8 percent of the 2026 state budget target of Rp459.2 trillion.
Meanwhile, the realization of state expenditures as of February 2026 has reached Rp. 493.8 trillion or around 12.8 percent of the total 2026 state budget target of Rp. 3,842.7 trillion.
In addition, the realization of state expenditures for February 2026 was 41.9 percent higher than the same period in the previous year which reached IDR 348.1 trillion.
"In terms of state spending, the realization reached Rp. 493.8 trillion or about 12.8 percent of the APBN ceiling, with a fairly high growth of 41.9 percent (yoy), this spending is directed to support the government's priority programs, maintain people's purchasing power, encourage economic activity since the beginning of the year," he said.
Purbaya detailed that the realization of state expenditures as of February 2026 consisted of central government expenditures recorded at Rp. 346.1 trillion or equivalent to 11.0 percent of the 2026 target of Rp. 3,149.7 trillion.
He explained that the figure for the realization of state expenditures came from the K/L expenditure of Rp155.0 trillion or equivalent to 10.3 percent of the state budget target of Rp1,510.5 trillion and non-K/L expenditures reached Rp191.0 trillion or 11.7 percent of the state budget target of Rp1,639.2 trillion.
Meanwhile, the Regional Transfer (TKD) reached Rp147.7 trillion or equivalent to 21.3 percent of the 2026 State Budget target of Rp693.0 trillion.
Meanwhile, the primary balance deficit of IDR 35.9 trillion or equivalent to 40 percent of the 2026 state budget target of IDR 89.7 trillion.
As for the financing of the budget, its realization reached Rp164.2 trillion or about 23.8 percent of the target of Rp689.1 trillion.
Overall, Purbaya assessed that the performance of the State Budget until February 2026 still showed careful and disciplined fiscal management in the midst of global economic dynamics.
"Overall, the combination of positive growth in state revenues, accelerated spending to boost the economy, and a deficit that remains under control, shows that the state budget continues to play an optimal role as an instrument of stabilization as well as a driver of national economic growth," he said.
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