State Spending Realization Always Below Target

07/01/2019 08:47 WIB

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The Ministry of Finance released preliminary data showing that 2018 state spending reached Rp 2,202.2 trillion, or 99.2% of the target in the State Budget (APBN).

Realization of State Expenditure, APBN and APBNP Targets (2013-2019)

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Realization of State Expenditure, APBN and APBNP Targets (2013-2019)

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The Ministry of Finance released preliminary data showing that 2018 state expenditure reached Rp 2,202.2 trillion, or 99.2% of the target in the State Budget (APBN), and 99.3% of last year's outlook. As shown in the graph below, state revenue has consistently fallen short of both the APBN and APBNP targets since 2013.

Despite falling short of the target, state expenditure in 2018 grew by 9.7% compared to the previous year's realization of Rp 2,007.4 trillion.

Preliminary data for 2018 shows state revenue at Rp 1,942.3 trillion and state expenditure at Rp 2,202.2 trillion, resulting in a budget deficit of Rp 259.9 trillion, or 1.76% of GDP. The government has targeted state expenditure of Rp 2,461.1 trillion for this year.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."