Jakarta (ANTARA) – Indonesia is sharpening spending efficiency, revenue collection and financing innovation to safeguard its state budget against mounting global pressures, Deputy Finance Minister Juda Agung said on Thursday, underscoring efforts to maintain stability while protecting household purchasing power.The first pillar centers on improving the quality and efficiency of government spending, particularly in priority programs.Authorities are tightening execution of flagship initiatives, including the free nutritious meals (MBG) program, to ensure funds deliver maximum impact.“We are enhancing spending efficiency and the quality of flagship program implementation,” Agung said at the Fitch Ratings Annual Indonesia Conference.At the same time, the government is deploying countercyclical policies to cushion the economy from external shocks. These include maintaining subsidized energy prices to shield vulnerable groups from rising living costs and sustain domestic consumption.“Protecting purchasing power remains a key priority, especially for lower-income households,” he said.A second pillar focuses on strengthening innovative financing. The government is optimizing its financing portfolio while deepening domestic financial markets to reduce reliance on external funding sources.Efforts include maintaining fiscal buffers, improving cash management, and broadening the investor base to enhance resilience against market volatility.The third strategy targets stronger state revenue collection, particularly from taxation. Authorities aim to align tax receipts with economic growth while improving compliance through digital systems.Agung said tax revenue grew about 20 percent in the first quarter, driven by digitalization through the Coretax system, higher commodity prices, and improved tax refund management.In parallel, the government is reinforcing the role of sovereign wealth fund Danantara as an alternative financing vehicle outside the state budget.Danantara is expected to mobilize private investment into strategic sectors, supporting long-term development while easing fiscal pressures.“We have strengthened fiscal instruments through synergy with Danantara to support investment and development programs,” Agung said.