Jakarta, Sept. 12 -- Finance Minister Purbaya Yudhi Sadewa said Friday that Indonesia has enough cash reserves to keep development programs on track despite slower tax collection this year.

"Even if tax revenues fall short of the target, there is no need to worry. We still have a significant excess budget balance from last year," Sadewa told reporters at the Coordinating Ministry for Economic Affairs.

"Do not be afraid that the government does not have the money to build," he added.

The excess budget balance from the 2025 State Budget stands at Rp457.5 trillion (about $27.8 billion).

Of that, Rp16 trillion ($973.8 million) has been allocated to fund the Merah Putih Cooperatives program, while Rp85.6 trillion ($5.2 billion) is earmarke...