Purbaya Wanti-wanti Risiko Obligasi Daerah, Minta Belajar dari Pengalaman Brasil

Rabu, 9 September 2026, 00:06 WIB Sumber: Sindonews

Ukuran:

hati dalam penerbitan obligasi daerah karena risiko gagal bayar dapat berdampak sistematis pada fiskal pusat, merujuk pada krisis Brasil di mana surat utang provinsi yang dianggap terpisah justru berakhir default massal dan mengharuskan pusat turun tangan. Purbaya menekankan agar pemda mengkalkulasi ulang kapasitas daya balik bayar sebelum memutuskan penarikan utang. Hingga saat ini, terkait wacana obligasi daerah DKI Jakarta, Kemenkeu belum menerima dokumen pengajuan resmi.

Poin-Poin Utama

Menkeu Purbaya Yudhi Sadewa warned regional governments on risks of issuing regional bonds.
Purbaya stated that regional debt default risks could systematically impact central fiscal stability.
The warning relates to DKI Jakarta Provincial Government's plan to issue regional bonds.
The Ministry of Finance has not received an official submission document from DKI Jakarta as of Tuesday (8/9/2026).
Purbaya said he does not know the details because no official letter has been sent.
Purbaya urged regional governments to recalculate debt repayment capacity before borrowing.
He referenced Brazil's fiscal crisis as a cautionary example.
In Brazil, regional governments were allowed to issue bonds separately from the central government.
Brazil's policy resulted in mass defaults requiring central government intervention.
Purbaya made the statement during a media interaction in Jakarta.