Chairman of the DPD asks the Minister of Finance and Regions not to get involved in controversy about TKD stored in banks

Jakarta – Sultan Bachtiar Najamudin, chairman of the Indonesian Regional Representative Council (DPD), asked regional heads and the Minister of Finance (Menkeu) not to get involved in controversies over data on the transfer of funds to regions allegedly stored in banks. Sultan said regional governments should be cautious and focus on increasing capital spending, which is still considered quite low until the end of October. The Minister of Finance has the right to monitor and supervise the use of every rupee allocated by the center to the regions. “It is very natural that the Minister of Finance is angry at the phenomenon of APBD parking at banks so far. Because the realization of spending in most regional governments has actually slowed down amid the slower economy in the regions,” Sultan said in a written statement on Wednesday (23/10/2025). PAGE TO CONTINUE CONTENT Sultan emphasized that regional governments as implementers of regional autonomy have the authority to independently regulate regional spending. Each regional head has his own way of managing regional finances by considering various factors. “We understand that the slow realization of regional spending is more or less caused by the process of adjusting the leadership vision and planning of regional heads after the simultaneous regional elections. We strongly believe that not all regional governments deliberately put APBD in the form of deposits in the hope of profit,” he explained. Even so, the Sultan appreciated the performance of regional heads, during this year, APBD revenue reached 70.27 percent or IDR 949.97 trillion, an increase compared to last year which amounted to 67.82 percent or IDR 918.98 trillion. On the other hand, based on data from the Ministry of Interior, as of September 30, 2025, the realization of regional expenditures actually decreased to 56.07 percent or IDR 770.13 trillion, lower than the same period in 2024 of 57.20 percent or IDR 817.79 trillion. “We hope that in the coming years the central and regional governments can act synergistically in the preparation of regional and national development plans, so that the quality of regional and central spending can increase effectively and efficiently,” he concluded. (anl/ega)