exellent crabVietnamese crab exportergood crab

BPK Helps Indonesia Avoid Rp 43 Trillion in Losses

Arnoldus Kristanus
May 27, 2025 | 2:09 pm
SHARE
Photo illustration of cash. (B1 Photo/Mohammad Defrizal)
Photo illustration of cash. (B1 Photo/Mohammad Defrizal)

Jakarta. The Supreme Audit Agency (BPK) managed to save Rp 43.43 trillion ($2.7 billion) from state losses during the second half of 2024.

“During the second semester of 2024, BPK successfully saved state finances from actual losses, potential losses, and revenue shortfalls totaling Rp 43.43 trillion,” BPK Chairperson Isma Yatun said on Tuesday.

She added that BPK has been actively supporting fiscal governance and anti-corruption efforts through strategic audits. These include investigative audits that uncovered potential state losses of Rp 2.21 trillion and confirmed losses of Rp 2.83 trillion. Meanwhile, financial oversight in areas such as subsidies, Public Service Obligations (PSO), and compensation allocations resulted in adjustments totaling Rp 1.09 trillion.

ADVERTISEMENT

Key BPK recommendations include procedures for allocating Hajj quotas, verifying aid recipients under the Indonesia Smart Program and Smart College Card, and conducting a thorough evaluation of new and renewable energy policies.

BPK also issued an Unqualified Opinion, its highest audit rating, on the 2024 Central Government Financial Report (LKPP), based on audits of the State General Treasurer’s report and 84 financial reports from ministries and government agencies.

Two institutions, however, received a Qualified Opinion: the National Food Agency and the Indonesian Quarantine Agency. BPK noted that these qualifications did not materially impact the overall fairness of the LKPP.

“The accountability for the 2024 State Budget implementation in the LKPP has been prepared according to government accounting standards, disclosed properly, and supported by an effective internal control system,” Isma concluded.

Tags: Keywords:
SHARE

Related Articles


News Jun 15, 2026 | 1:19 pm

Three Decades Later, Indonesia Still Chasing Eddy Tansil Assets

Indonesia recovers more assets tied to fugitive tycoon Eddy Tansil three decades after the Bapindo corruption scandal.
News May 8, 2026 | 11:25 am

BPK Official and Gerindra Politician Haerul Saleh Killed in Jakarta Blaze

BPK member and Gerindra politician Haerul Saleh died in a house fire in South Jakarta on Friday morning.

The Latest


Business 2 hours ago

Singapore on Ideal Price for Indonesian Green Power Imports

Singapore says pricing negotiations for the power imports should also take into account carbon credits and premiums.
News 2 hours ago

Wells Dry Up, Crops Fail as Drought Expands Across Indonesia

Indonesia's drought is drying wells and damaging rice fields, forcing residents to seek water while farmers face rising irrigation costs.
News 3 hours ago

Suspected Gunman Arrested After Shooting at Bali Bar Injures Two

Indonesian police have arrested a suspected gunman in connection with a shooting at The Shady Pig bar in Bali.
Business 4 hours ago

Indonesia Stocks Rise as Investors Eye BI Meeting, Oil Rally

Indonesia's stocks opened higher as stronger domestic sentiment and foreign inflows outweighed global jitters over oil prices and AI stocks.
Business 5 hours ago

Singapore Doesn’t See Haze Issue with Indonesia’s Palm Oil Biodiesel

Singaporean think-tank SIIA recently cautioned about the risk of cross-border haze from a biodiesel rush in Southeast Asia.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED