BPK Reports There Has Been an Improvement in the Quality of State-Owned Enterprise Subsidy Management

BPK notes an increase in the quality of state-owned enterprise subsidy management. (BPK document)

JAKARTA - The Financial Audit Agency (BPK) noted an increase in the quality of the management of State-Owned Enterprises (BUMN) subsidies, which is reflected by the decrease in the value of the compensation subsidy correction in 2025 compared to the previous year.

"This shows improvements in the control system and increased accountability for the management of state finances by SOEs," said Member VII of the BPK Slamet Edy Purnomo in the signing of the minutes of the results of the examination of subsidy expenditures, compensation, Public Service Obligation (PSO) and the calculation of the purchase price of government food reserves at SOEs operators in the context of supporting the examination of the Central Government Financial Report (LKPP) for 2025.

In a written statement received in Jakarta, Thursday, he said that a number of efficiency achievements had also been seen. One of them in the subsidized fertilizer sector which managed to reduce costs significantly.

In the future, this good practice is expected to be followed by other sectors such as energy and food, in order to increase the effectiveness of state spending.

Members of the VII BPK also emphasized the importance of strengthening the database as a foundation in the distribution of targeted subsidies. The integration and updating of inter-agency data is considered a key to reducing the potential for inaccurate targeting and improving budget efficiency.

"This signing reflects the commitment of all parties in demonstrating transparency, accountability, and effective, efficient, and reliable state financial governance," said Slamet Edy.

On that occasion, the member of the VII BPK emphasized that the enactment of Law Number 16 of 2025 strengthened the role of SOEs to carry out dual functions in a balanced manner.

The dual function is as a performance-oriented corporation and financial value, as well as a development agency through government assignments, especially in the management of government subsidies, compensation, PSO, and food reserves, while upholding good governance, risk management, and accountability.

Through strengthening synergies and mutual commitment, he said, the BPK hopes that the management of subsidies and compensation in the future will be more accountable, targeted, and able to provide optimal contributions to national development and public welfare.

"We express our gratitude and appreciation to all the Directors and Board of Directors of SOEs and related business entities who have cooperated and communicated so that this inspection process runs smoothly and on time," he said.