Inp.polri.go.id - Jakarta. Minister of Finance Purbaya Yudhi Sadewa has assured the public that Indonesia’s government debt remains within safe and controlled limits. 

"The debt position is safe, just slightly over 40 percent," he said during a media briefing at the Ministry of Finance in Jakarta on Monday (11/5/2026), as cited by antaranews.com. 

As of 31 March 2026, data from the Directorate General of Budget Financing and Risk Management places the national debt at Rp 9,920.42 trillion, which translates to 40.75% of the Gross Domestic Product (GDP).

Minister Purbaya emphasized that Indonesia maintains a highly cautious approach compared to its peers. For context, he noted that Singapore’s debt-to-GDP ratio stands at approximately 180%, while Malaysia’s is at 60%.

The current ratio remains well below the 60% legal threshold established by the State Finance Law. According to the Minister, the majority of the debt (87.22%) is held in Government Securities (SBN), totaling Rp 8,652.89 trillion, while loans account for the remaining 12.78% (Rp 1,267.52 trillion).

The government intends to continue managing the 2026 state budget) through an efficient cost-of-fund strategy and proactive risk mitigation. As of the end of the first quarter, debt financing realization reached Rp 258.7 trillion, reflecting a measured approach to maintaining government liquidity amid global financial dynamics.

(mg/inp/pr/rs)