TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Finance Ministry looks into high regional government savings

Deni Ghifari (The Jakarta Post)
Premium
Jakarta
Mon, October 20, 2025 Published on Oct. 20, 2025 Published on 2025-10-20T13:17:07+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Regional heads and their deputies line up on Feb. 20 ahead of their inauguration ceremony at the Presidential Palace in Jakarta. Regional heads and their deputies line up on Feb. 20 ahead of their inauguration ceremony at the Presidential Palace in Jakarta. (Antara/Galih Pradipta)

T

he Finance Ministry is investigating the accumulating savings of regional administrations that it sees as contradicting regional leaders’ recent complaints about reduced central government transfers.

Finance Minister Purbaya Yudhi Sadewa revealed on Thursday that regional governments had Rp 254 trillion (US$15.3 billion) in savings, futures and checking account assets at the end of August.

He said the money was “unused” and, given the amount, the cuts to transfers “should be no problem”. The central government cut a large portion of the transfers to regional budgets this year, and the measure is upheld in the 2026 state budget plan.

“I don’t know where the money is stored, in what form or on whose savings, but I’ll look into it. So, I told them that you can ask for some extra money, I’ll give it to you, provided that the budget absorption is good and there’s no more misappropriation,” Purbaya said.

He went on to say that both the central government and regional administrations had enough cash, but that spending had not been ideal.

The figure showed a more than a twofold jump from the Rp 92 trillion registered by the end of December.

Prospects

Every Monday

With exclusive interviews and in-depth coverage of the region's most pressing business issues, "Prospects" is the go-to source for staying ahead of the curve in Indonesia's rapidly evolving business landscape.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

The largest portion, Rp 189 trillion, was kept in checking accounts, followed by Rp 57.5 trillion in futures and Rp 8 trillion in saving accounts.

to Read Full Story

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters
or

Purchase access to this article for

We accept

TJP - Visa
TJP - Mastercard
TJP - GoPay

Redirecting you to payment page

Pay per article

Finance Ministry looks into high regional government savings

Rp 35,000 / article

1
Create your free account
By proceeding, you consent to the revised Terms of Use, and Privacy Policy.
Already have an account?

2
  • Palmerat Barat No. 142-143
  • Central Jakarta
  • DKI Jakarta
  • Indonesia
  • 10270
  • +6283816779933
2
Total Rp 35,000

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.