Indonesia's State Budget Records Rp147 Trillion Surplus as of August 2023

Economics & Macro

Lite

Cindy Mutia Annur 21/09/2023 16:50 WIB

URL has been copied

Memuat...

According to the Ministry of Finance's report, Indonesia's State Budget (APBN) recorded a surplus of Rp147.2 trillion, equivalent to 0.7% of the Gross Domestic Product (GDP) in August 2023.

Indonesia's State Budget Realization (August 2022 - August 2023)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Indonesia's State Budget Records Rp147 Trillion Surplus as of August 2023

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Indonesia's State Budget Realization (August 2022 - August 2023)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Indonesia's State Revenue and Expenditure Budget (APBN) performance remained strong until the end of August 2023. According to the Ministry of Finance's report, the APBN recorded a surplus, driven by revenue growth exceeding government spending.

Finance Minister Sri Mulyani Indrawati stated that the Indonesian APBN achieved a surplus of Rp147.2 trillion, equivalent to 0.7% of the Gross Domestic Product (GDP) in August 2023.

This achievement surpasses the August 2022 surplus of Rp107.9 trillion. "(The APBN surplus for August 2023) grew by 36.5% year-on-year," said Sri Mulyani in a press conference on the APBN, Wednesday (20/9/2023).

In terms of the primary balance, the APBN experienced a surplus of Rp422.1 trillion, a 23.2% year-on-year increase. The primary balance represents total revenue minus government spending excluding interest payments on debt.

The increased APBN surplus last month resulted from higher state revenue realization compared to government spending.

Sri Mulyani stated that state revenue reached Rp1,821.9 trillion by the end of August 2023, equivalent to 74% of this year's target of Rp2,463 trillion.

"In terms of growth, state revenue reached 3.2% year-on-year," said Sri Mulyani.

Meanwhile, realized government spending reached Rp1,674.7 trillion in August 2023, or 54.7% of the set target of Rp3,061.2 trillion.

"And (government spending) grew by 1.1% from the total government spending at the end of August," she said.

Editor : Adi Ahdiat

"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."