double-skinned crabsVietnamese crab exportergood crabexellent crab

West Java Governor Refutes Finance Minister’s Claim on Idle Regional Funds

Harumbi Prastya Hidayahningrum
October 21, 2025 | 3:29 pm
SHARE
West Java Governor Dedi Mulyadi speaks with reporters at Depok City Hall, West Java, on Tuesday, April 29, 2025. (Beritasatu.com/Fahri Ali)
West Java Governor Dedi Mulyadi speaks with reporters at Depok City Hall, West Java, on Tuesday, April 29, 2025. (Beritasatu.com/Fahri Ali)

Jakarta. West Java Governor Dedi Mulyadi has responded to Finance Minister Purbaya Yudhi Sadewa’s statement alleging that several regional governments, including West Java, have placed regional budget funds (APBD) in bank deposits.

Speaking after the 2025 Regional Inflation Control Coordination Meeting at the Home Affairs Ministry on Monday, Dedi said no such deposits were found in the province’s financial records.

“I’ve checked directly. There are no funds stored in deposits. The minister should open the data and specify which regions actually placed their money there,” Dedi said.

Earlier, Purbaya cited Bank Indonesia data as of October 15, 2025, showing 15 regions holding large sums in banks, including Jakarta Rp 14.68 trillion ($885.1 million) , East Java Rp 6.8 trillion ($410 million), and West Java Rp 4.17 trillion ($251.5 million).

ADVERTISEMENT

Dedi emphasized that not all regions face difficulties in spending their budgets. Many local governments, he said, have accelerated public spending to support community needs.

“Some regions manage their finances efficiently and spend them for the public good. The issue lies with those that don’t, and those should be the ones highlighted,” he said.

He also urged the central government to ensure transparency when publishing fiscal data to avoid negative perceptions that could harm regions performing well.

“It’s unfair to generalize. Regions that manage their budgets properly could face unwarranted criticism, affecting their fiscal capacity,” Dedi said.

Responding to public concern over reports of more than Rp 200 trillion in idle regional funds, Dedi called for the central government to release the detailed data.

“It would be better to disclose everything publicly, which regions still have idle funds, and in what form. That way, we avoid misleading narratives,” he said, adding that transparency would also serve as recognition for regions managing their budgets efficiently.

“The central government should be fair. Not only criticize but also appreciate regions with good fiscal performance,” he added.

Previously, Finance Minister Purbaya reported that local governments still held Rp 233 trillion ($14 billion) in bank accounts, consisting of Rp 134.2 trillion from regencies, Rp 60.2 trillion from provinces, and Rp 39.5 trillion from cities.

Home Affairs Minister Tito Karnavian later revised the figure to around Rp 215 trillion, citing administrative discrepancies, program adjustments under new regional leaders, and updates to the e-Catalog system as reasons for the difference.

The issue of idle regional funds has drawn scrutiny amid concerns it could slow local spending, which is considered crucial to sustaining economic growth and curbing inflation.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Sep 18, 2026 | 8:02 am

Suahasil Inherits Fiscal Credibility Test as Investor Confidence Wavers

Suahasil Nazara faces pressure to restore fiscal credibility as investors seek consistent policies, clearer signals and market confidence.
Business Sep 17, 2026 | 4:49 pm

Indonesia’s Tax Chief Flags Irregularities in Purbaya’s Staff Reshuffle

Indonesia’s tax chief flags irregularities in Purbaya’s staff reshuffle over merit-based appointments.
Business Sep 16, 2026 | 2:50 pm

US Investors Not Worried by Indonesia’s Finance Minister Switch

US-ASEAN Business Council says that American investors are more concerned about the policy changes rather than who is helming the ministry.
Business Sep 16, 2026 | 1:42 pm

Suahasil’s Return Puts Fiscal Discipline at Center of Prabowo’s Economic Policy

Suahasil Nazara takes over as finance minister, with policy consistency and fiscal discipline emerging as key challenges.
Business Sep 15, 2026 | 5:04 pm

Suahasil Told to Avoid Business Cost Hikes, Tax Refund Delays

Businesses have laid out their wishlist for the newly appointed Finance Minister Suahasil Nazara.
Business Sep 15, 2026 | 1:43 pm

Purbaya Admits Sudden Exit ‘Partly’ due to Internal Shuffling

Ex-Finance Minister Purbaya Yudhi Sadewa speaks up on his sudden dismissal.
Business Sep 15, 2026 | 9:13 am

Indonesian Stocks Gain as Investors Await Suahasil’s Fiscal Policy

Indonesian stocks opened higher as investors weighed Suahasil Nazara’s appointment as finance minister and awaited his fiscal policy.
Business Sep 14, 2026 | 9:58 pm

Suahasil Promises Credible, Trusted Finance Ministry after Purbaya Exit

The new Finance Minister  pledged credibility and economic stability as experts urged him to go beyond maintaining the fiscal status quo.
Business Sep 14, 2026 | 6:06 pm

No Major Change Expected Under New Finance Minister Suahasil

Economists say major shifts will only happen if new Finance Minister Suahasil Nazara is brave enough to make changes.
Business Sep 14, 2026 | 5:53 pm

Meet Suahasil Nazara, Prabowo’s Third Finance Minister in Less than Two Years

Suahasil has risen from academia and years of fiscal policymaking to become Prabowo’s third finance minister in less than two years.

The Latest


Special Updates 48 minutes ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 1 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 2 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 3 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 5 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED