Regulations
The government’s debt had reached a record high of Rp 10.3 quadrillion, or 41.26 percent of gross domestic product, as of June 30, up Rp 1.8 quadrillion since Prabowo took office in October 2024.
A woman walks past the Wisma Danantara Indonesia building on Aug. 11, 2026, on Jl. Jend. Gatot Subroto in South Jakarta. (JP/Iqro Rinaldi)
President Prabowo Subianto has instructed state asset fund Danantara to redirect a sum of the dividends from state-owned enterprises (SOEs) back to the state budget to help alleviate the burden of state debt.Finance Minister Purbaya Yudhi Sadewa told reporters on Wednesday that the President had “an idea to place a sum of Danantara profits for government reserves, which can help reduce our debt”.
He said the policy would come into effect this year but specified neither when nor how much dividend was involved; “We’ll await the President’s direction”.
