Jakarta, May 27 -- Finance Minister Purbaya Yudhi Sadewa said that the government does not need to recalculate the state budget despite the rupiah weakening to around 17,800 per U.S. dollar.

Speaking at the headquarters of the Directorate General of Taxes in Jakarta, on Wednesday, Sadewa said the ministry had already conducted simulations for various economic scenarios, including one in which global oil prices reached US$100 per barrel.

"We have already calculated it. During the simulation where global oil prices reached US$100 per barrel, the rupiah assumption was also taken into account. So there is no problem, and I do not need to recalculate the state budget," he said.

Sadewa also assessed that the bond market remains under control...