{
  "id": 8599509,
  "title": "State revenue hits 65% in August, Suahasil vows budget credibility",
  "url": "https://urgent.news/2026/09/20/state-revenue-hits-65-in-august-suahasil-vows-budget-credibility",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-20T03:30:19.000Z",
  "source": {
    "name": "The Jakarta Post",
    "slug": "the-jakarta-post",
    "url": "https://www.thejakartapost.com/business/2026/09/20/state-revenue-hits-65-in-august-suahasil-vows-budget-credibility.html"
  },
  "original_language": "en",
  "account": "State revenue in August reached 65% of its target, as new Finance Minister Suahasil Nazara vowed to maintain budget credibility. As of the end of August, state spending stood at 59.7% of the annual allocation, with a positive primary balance and controlled deficit. Spending grew 17.1% year-over-year, while state revenue increased by 25.4%, driven by a 24.1% rise in tax revenue and a 41.7% jump in non-tax revenue. The budget deficit remained at 0.93% of GDP, and the primary balance remained positive. For 2026, the government forecasts a higher deficit of 2.85% of GDP, slightly better than the 2.92% seen in 2025, nearing the 3% legal limit set after the 1997-1998 Asian financial crisis.",
  "summary": "State spending as of the end of August reached only 59.7 percent of this year's allocation as the new finance minister gears up to focus on fiscal continuity.",
  "key_points": [
    "State revenue in August hit 65% of target",
    "Finance Minister Suahasil Nazara vows budget credibility",
    "Tax revenue rose 24.1%, non-tax revenue up 41.7%"
  ],
  "editors_take": "The government's increased revenue and controlled deficit under Finance Minister Suahasil Nazara indicate a push for budget credibility, with spending and revenue both showing significant year-over-year growth.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}