Key insights and market outlook
The Indonesian government, under Prabowo's administration, has spent Rp 611 trillion on 17 priority programs in the first 10 months of 2025, accounting for 65.8% of the allocated budget of Rp 929 trillion. These programs focus on strengthening purchasing power, public services, price stability, and public infrastructure.
The Indonesian government has made substantial progress in implementing its priority programs for 2025. By October 2025, the administration had spent Rp 611 trillion, representing 65.8% of the total allocated budget of Rp 929 trillion in the 2025 State Budget (APBN). This expenditure was distributed across 17 key programs categorized into four main areas: strengthening and protecting purchasing power, public services, price stability and production, and public infrastructure and productivity.
The 17 priority programs are strategically divided into four main categories. First, programs aimed at strengthening and protecting purchasing power focus on maintaining the economic well-being of citizens. Second, initiatives under public services aim to improve the quality and accessibility of essential services. Third, measures for price stability and production work to maintain economic balance. Lastly, investments in public infrastructure and productivity are designed to enhance the country's overall economic capacity.
Wakil Menteri Keuangan (Wamenkeu) Suahasil Nazara highlighted that this significant budget absorption demonstrates the government's commitment to driving economic growth and improving public welfare. The scale of expenditure indicates a proactive approach to implementing the administration's economic agenda. As the government continues to execute these priority programs, the focus remains on achieving tangible outcomes that positively impact the economy and society at large.
Priority Programs Expenditure
Budget Absorption Rate