Indonesia’s Fiscal Resilience Faces Renewed Pressure

The steep drop in both tax and non-tax revenues has placed significant pressure on Indonesia’s fiscal position early in 2025.

Annasa Rizki Kamalina,Surya Dua Artha Simanjuntak
Jumat, 2 Mei 2025 | 17:15

Bisnis.com, JAKARTA — The sharper contraction in state revenues during Q1/2025 has raised renewed concerns about the sustainability of Indonesia's fiscal position amid slowing revenue growth.

According to the latest state budget (APBN) realization report, state revenue collection from January to March 2025 reached IDR516.1 trillion—down 12.2% compared to the same period in 2024.

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