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Entering office just weeks before the 2026 state budget is to be passed into law, newly appointed Finance Minister Purbaya Yudhi Sadewa vows to make no major changes to the draft and to maintain fiscal discipline. He also said he would learn the ins and outs of his new post from his well-regarded predecessor, Sri Mulyani Indrawati.
Concerns are mounting that President Prabowo Subianto’s free nutritious meal program could overshadow meaningful improvements in education, as nearly half of the mandated 20 percent state budget allocation for education is set to be absorbed by the costly flagship initiative next year.
A lack of satisfying answers on how to reach growth goals set forth in the freshly unveiled 2026 state budget has led economists to conclude that the fiscal document is based more on political ambition rather than on technocratic calculation.
