Jakarta, April 16 -- Finance Minister Purbaya Yudhi Sadewa expressed his commitment to maintaining the State Budget (APBN) deficit, in response to concerns of Standard & Poor's Global Ratings (S&P) regarding Indonesia's debt service ratio.

"There are slight concerns about our debt service to tax revenue ratio, but I assure them that it can be controlled and has not yet reached a dangerous level," Purbaya said in his statement on Thursday.

According to the minister, S&P inquired in detail about Indonesia's fiscal condition, including its consistency in maintaining the deficit below the 3 percent threshold of GDP.

Purbaya explained a possibility that the 2025 State Budget deficit in the Central Government Financial Report (LKPP) will dec...