Jakarta (ANTARA) – Indonesia's current government debt position remains within safe and controllable limits, Finance Minister Purbaya Yudhi Sadewa claimed.According to data from the Directorate General of Financing and Risk Management (DJPPR), the government's debt position reached Rp9,920.42 trillion (US$571.18 billion), or 40.75 percent of gross domestic product (GDP) as of March 31, 2026.”(The debt position) is still safe, still around 40 percent less, so it is safe,” Purbaya said at a media briefing in Jakarta on Monday.According to the minister, Indonesia's debt management is relatively more prudent compared to other countries.He cited the debt ratios of peer countries that are much higher than Indonesia's, such as Singapore at around 180 percent and Malaysia at 60 percent.Compared to developed countries like the US and Japan, Purbaya continued, Indonesia's debt position is also relatively more manageable.”We are among the most cautious compared to our neighboring countries,” he added.The State Finance Law sets a maximum debt ratio limit of 60 percent.Currently, the majority of government debt comes from government securities (SBN). The outstanding value of SBN was recorded at Rp8,652.89 trillion (US$498.36 billion) as of the end of March 2026, equivalent to 87.22 percent of total government debt.The remaining balance consists of loans amounting to Rp1,267.52 trillion (US$72.99 billion), or 12.78 percent.The government stated that its debt financing strategy is implemented by considering an efficient cost of funds, mitigated risks, good governance, and maintaining debt indicators at a safe level.The financing of the 2026 State Budget is also managed wisely and measurably, taking into account government liquidity, optimal cash conditions, and financial market dynamics.The realization of budget financing was recorded at Rp257.4 trillion (US$14.78 billion) as of March 2026. This value consists of debt financing of Rp258.7 trillion (US$14.86 billion) and non-debt financing of Rp1.3 trillion (US$74.66 million).