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Rupiah Plunges to 16,700 per USD, Here's Purbaya's Response

13:53, 27 Sep 2025

Finance Minister Purbaya Yudhi Sadewa addressed the recent drop in the rupiah exchange rate, which briefly fell to IDR 16,700 per U.S. dollar. He believes the currency’s weakness is only temporary. “I am confident the rupiah will return to its fundamental level,” Purb

5 Quick Wins Programs by Purbaya to Boost State Revenue in 2025

11:36, 26 Sep 2025

Finance Minister Purbaya Yudhi Sadewa has prepared five quick win programs specifically aimed at boosting tax revenues before the end of 2025. As of August 2025, tax revenue realization stood at Rp 1,330.4 trillion, representing only 55.7% of the target of Rp 2,387.3 trillion. This figu

Purbaya's Smart Strategy to Boost State Revenue Without Debt!

10:25, 26 Sep 2025

Finance Minister Purbaya Yudhi Sadewa has devised a special formula to ensure that development financing through the state budget (APBN) no longer relies heavily on debt. He explained that by simply creating an environment where the economy can grow faster, state revenues will automatically inc

Purbaya Plans to Curb Debt in 2025 - Here's the Strategy!

10:25, 26 Sep 2025

Finance Minister Purbaya Yudhi Sadewa stated that the government intends to reduce new debt issuance next year. Instead of relying on additional borrowing, the strategy will focus on driving economic growth supported by higher state revenues. According to Book II of the State Budget Fin

Bahlil's Fuel Policy Backfires - Hurts Pertamina and Private Companies!

10:25, 26 Sep 2025

The government’s decision to shorten fuel import permits to six months and require private gas stations to source supplies from Pertamina is seen as harmful — not only to private businesses but also to Pertamina itself. According to Fahmy Radhi, an energy economist at Gadjah

Big Risk Ahead! Indonesia at Stake if Tax Evaders Get Another Amnesty

10:26, 25 Sep 2025

The Indonesian House of Representatives (DPR) appears determined to once again pardon tax offenders through the proposed Tax Amnesty Volume III. Since November 2024, the Draft Law amending Law Number 11 of 2016 on Tax Amnesty has been included in the 2025 Priority National Legislation Program (Prol

Finance Minister Purbaya Warns Tax Evaders: Rp60 Trillion Must Be Paid Within a Week!

10:26, 25 Sep 2025

Minister of Finance Purbaya Yudhi Sadewa reaffirmed his commitment to pursue tax evaders with total outstanding liabilities reaching Rp60 trillion. He declared that these funds would be forced into the state treasury within one week. “As I mentioned yesterday, there are Rp60 trill

Indonesia to Distribute $420M Social Aid in Rice & Cooking Oil This October - November!

11:58, 23 Sep 2025

The government plans to allocate Rp6.5 trillion to distribute food assistance in the form of rice and Minyakita-branded cooking oil during October—November 2025. Each food assistance recipient (PBP) will receive 10 kilograms of rice per month along with 2 liters of Minyakita per month during t

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