Indonesian economist, former chairman of the Deposit Insurance Corporation (LPS) and finance minister from 2025 to 2026.
Indonesia · Born 1964-07-07
People · 2 stories · Also known as: Purbaya
Photo: Kementerian Keuangan Republik Indonesia, Public domain via Wikimedia Commons
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Claims by or about this figure, with the verdict of fact checkers or official data.
What is circulating
“Finance Minister Purbaya found data showing Jokowi keeps thousands of trillions of rupiah in a Chinese bank.”
Claimed by Social media users · social media
The facts
The photo of stacked cash shows money displayed by the KPK in November 2025 from the PT Taspen fictitious investment case, part of Rp883 billion in recovered assets. No credible report says Purbaya found any such data.
What is circulating
“Finance Minister Purbaya asked Prabowo to convert the free meals programme (MBG) into cash of Rp300,000 per pupil per month.”
Claimed by Facebook posts · social media
The facts
The Finance Ministry denied that Purbaya made any such proposal. Similar claims that MBG would be replaced with cash kept resurfacing in 2026 and were debunked repeatedly.
What is circulating
“State Secretary Prasetyo Hadi announced a cabinet reshuffle that removed Purbaya Yudhi Sadewa as Finance Minister.”
Claimed by Facebook video posts · social media
The facts
Kompas found the narrative untrue in November 2025: no announcement removing Purbaya had been made, and the video did not show one.
What is circulating
“Finance Minister Purbaya is pulling Rp71 trillion from the free meals programme (MBG) and diverting it to rice aid because of poisoning cases.”
Claimed by Social media users · social media
The facts
Purbaya did say he would reallocate unabsorbed MBG funds to other programmes such as 10 kg rice aid, but only if spending stayed low by the end of October 2025, and framed it as budget absorption, not a response to poisoning. As of 3 October 2025 the agency had spent Rp21.64 trillion, 34 percent of its allocation, and the funds had not been withdrawn.
What is circulating
“Finance Minister Purbaya said the real price of Pertalite fuel is only Rp4,000 a litre even though it is sold at Rp10,000.”
Claimed by Social media users · social media
The facts
The Finance Ministry stated on 16 October 2025 that the quote was a hoax. In a DPR hearing on 30 September 2025 Purbaya said Pertalite's economic price was Rp11,700 a litre, with the state covering Rp1,700 so consumers pay Rp10,000.
What is circulating
“A news headline quotes Finance Minister Purbaya asking the public to donate to the state if they want the economy to advance.”
Claimed by Social media users · social media
The facts
The screenshot altered a Gelora News article from 9 September 2025 in which Purbaya apologised for calling the "17+8" protest demands the voice of a small part of the public. No article quoting him asking for donations exists.