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View all search resultsHouse passes higher spending 2026 state budget into law
The House of Representatives has agreed on a key medium-term plan to shift the country’s growth strategy from debt-driven to revenue-driven.
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Lawmakers attend a House of Representatives plenary session on July 1 at the Senayan legislative complex in Central Jakarta. (Anatara/Dhemas Reviyanto)
T
he House of Representatives passed the 2026 state budget on Tuesday, approving higher spending that will widen the fiscal deficit as President Prabowo Subianto seeks to accelerate economic growth.
House Budget Committee (Banggar) chairman Said Abdullah said the 2026 budget was designed to help the country navigate a rapidly changing global environment.
“The world is increasingly caught in narrative wars that may appear logical and truthful but, in fact, conceal falsehoods,” Said told the plenary session. “Will the 2026 state budget serve as a strong tool for the government? That will ultimately depend on the government itself.”
Said added that the government should formulate a “debt management roadmap” to help achieve fiscal balance in future state budgets.
“The House Budget Committee and the government also agreed on a key medium-term plan to shift the country’s growth strategy from debt-driven to revenue-driven,” he said.
Read also: Govt unfreezes Rp 169t amid slow free meals rollout
The approved budget sets spending at Rp 3.84 quadrillion (US$233 billion), comprising Rp 3.15 quadrillion in central government expenditure and Rp 693 trillion in regional transfers.
