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TEMPO.CO, Jakarta - Indonesia's Minister of Finance Purbaya Yudhi Sadewa prepares a strategy to address the government debt reaching Rp9,138.05 trillion. One of the measures taken is to reduce the deficit.One of the steps taken is targeted spending. "The first strategy is to spend the budget, targeted and on time, with no leakage, to optimize the budget impact on the economy," said Purbaya at the Ministry of Finance office, on Monday, October 27, 2025.Thus, he said, economic growth will be faster, leading to an increase in state revenue. "Tax revenue will also be higher, so I can reduce the deficit from there," he said.Increasing the tax ratio is also a focus of the national treasurer. According to Purbaya, improving revenue sectors such as customs duties, taxes, Coretax, and others, can improve the tax ratio figure.He is also confident that the tax ratio can grow by half to one percent if the real sector growth improves. This growth figure, along with additional state revenue of at least Rp100 trillion,Purbaya also ensures that obstacles to the real sector growth can be significantly reduced. "So, if I go here and there, it's not like there's no work. Because I am betting that in this quarter, at least the economic growth rate will be faster than in the previous quarters. We target above 5 percent, if possible, it's a blessing," he said.The Ministry of Finance noted that the central government's debt until the end of the first semester of 2025 reached Rp9,138.05 trillion. According to the Director General of Financing and Risk Management (DJPPR) Suminto, the amount is still within safe and moderate limits compared to other countries.Suminto explained that the debt value is equivalent to 39.86 percent of the gross domestic product (GDP). He said that this figure reflects a healthy and manageable debt position. "This is quite low and moderate compared to many other countries," said Suminto during a media gathering in Bogor, West Java, on Friday, October 10, 2025.Nandito Putra contributed to the writing of this article.Editor’s Choice: Purbaya Cracks Down on Illegal Thrift Imports, Says 'I'll Arrest Those Who Refuse First'Click here to get the latest news updates from Tempo on Google News
