August 2026 State Budget Deficit at Rp 240.1 Trillion, Revenues Rise 25.4 Percent

Meanwhile, social assistance realization reached Rp 104.5 trillion or 64.3 percent of the ceiling. This figure grew 3.4 percent compared to the same period last year.

This realization includes the Family Hope Program (PKH) disbursing Rp 21 trillion to 10 million beneficiary families, Food Card (Kartu Sembako) assistance of Rp 27.6 trillion for 17.6 million families, and National Health Insurance Contribution Assistance (PBI JKN) of Rp 30.9 trillion for 96.7 million participants.

Transfers to regions decline

Meanwhile, transfers to regions (TKD) reached Rp 504.3 trillion through the end of August 2026, equivalent to 72.8 percent of the assigned ceiling.

Unlike state revenue and most central government spending components that grew, TKD realization saw an 11.8 percent year-on-year correction.

Suahasil noted that the initial TKD allocation in the 2026 APBN was Rp 693 trillion. During the fiscal year, the government made adjustments in line with regional government needs.

Debt financing at Rp 506 trillion

The APBN deficit was then covered through financing. Until August 31, 2026, net debt financing realization reached Rp 506 trillion or 60.8 percent of the Rp 832.2 trillion target.

This financing mainly came from State Securities (SBN) issuance amounting to Rp 527.4 trillion or 66 percent of the target of Rp 799.5 trillion.

Meanwhile, loan financing recorded a negative Rp 21.4 trillion, equivalent to a negative 65.5 percent compared to the loan financing ceiling in the 2026 APBN of Rp 32.7 trillion.

Suahasil said the debt financing realization until August is still in line with the 2026 APBN design. The government is still paying attention to cash conditions, financial market dynamics, funding costs, risks, as well as governance in meeting financing needs.

"August is on-track, in accordance with the APBN plan," Suahasil clarified.

With revenue realization at Rp 2,055.6 trillion and expenditure at Rp 2,295.7 trillion, the APBN deficit until end of August 2026 stood at Rp 240.1 trillion or 0.93 percent of GDP.

At the same time, the primary balance recorded a surplus of Rp 154 trillion.