Finance Ministry says Rp600 trillion-plus revenue still must be collected in Nov-Dec; President orders efficient year-end spending
Published · Updated
What happened
Finance Minister Suahasil Nazara publicly stated on November 3 that more than Rp600 trillion in state revenue still needs to be collected before the end of December 2026, and said President Prabowo instructed ministries and agencies to keep year-end spending efficient.
Why it matters
The announcement sets a near-term operating target for tax and non-tax collection while signaling tighter scrutiny of year-end expenditure. That can alter ministry disbursement behavior, revenue enforcement intensity, and Treasury cash planning over the next eight weeks.
At the Presidential Palace on November 3, Finance Minister Suahasil Nazara said the government still needs to collect more than Rp600 trillion in state revenue in November and December 2026 after reporting the budget position through end-October to President Prabowo Subianto. He also said the President instructed ministries and agencies to keep year-end spending efficient. The update turns the final two months of the fiscal year into an active cash-management and revenue-enforcement window, with consequences for deficit control, arrears risk, and the pace of budget disbursement.
Watch for
Ministry of Finance release on November 2026 state budget realization and updated revenue-to-target gap Directorate General of Taxes announcement by 2026-11-07 on intensified compliance or collection measures for year-end receipts Directorate General of Treasury statement by 2026-11-07 on ministry spending ceilings, disbursement controls, or cash-management guidance Cabinet Secretariat or Presidential Office confirmation by 2026-11-07 of follow-up instructions on end-2026 ministry spending efficiency
Sources
- Presiden minta belanja K/L pada akhir tahun tetap efisien · jogja.antaranews.com
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