Indonesia Ministry of Finance reports on-track 2026 state budget performance

Indonesia's Ministry of Finance reports that the state budget (APBN) performance through September 2026 remains on track. State revenue has reached Rp 2,341.5 trillion, representing approximately 74.2% of the annual target. This includes Rp 1,607 trillion in tax revenue, a 24.1% increase from the previous year, while customs and excise revenue reached Rp 240.1 trillion.

State expenditure stands at Rp 2,660.5 trillion, or roughly 69.2% of the budget. Finance Minister Suahasil Nazara has set a target to maintain the budget deficit at 2.8% of GDP by the end of the year. The government remains optimistic about achieving this goal, supported by President Prabowo Subianto’s economic outlook.

Inflation is currently reported at 3.28% year-on-year, which the Ministry considers stable. To maintain investor confidence, the Ministry is emphasizing synergy between fiscal and monetary policies, specifically strengthening coordination with Bank Indonesia and Danantara. The Ministry also noted that state spending is expected to accelerate in November and December.