State Revenue Realization Grew 11.8% in July 2021

Cindy Mutia Annur 26/08/2021 16:30 WIB

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State revenue realization reached 59.2% of the 2021 State Budget target of Rp 1,743.6 trillion.

Indonesia's State Revenue Realization (July 2020 & 2021)

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State Revenue Realization Grew 11.8% in July 2021

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Indonesia's State Revenue Realization (July 2020 & 2021)

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The Ministry of Finance recorded that state revenue reached Rp 1,031.5 trillion at the end of July 2021, up 11.8% from the same period the previous year, which was Rp 922.5 trillion. This realization reached 59.2% of the 2021 State Budget (APBN) target of Rp 1,743.6 trillion.

State revenue from customs and excise duties showed the highest growth in July 2021. It amounted to Rp 141.2 trillion, a 29.5% increase from July 2020, which reached Rp 109.1 trillion.

The second highest growth came from non-tax state revenue (PNBP). Realization was recorded at Rp 242.1 trillion last month, up 15.8% from the same period the previous year, which was Rp 209 trillion.

Furthermore, tax revenue realization was recorded at Rp 647.7 trillion in July 2021. This achievement was up 7.6% from July 2020, which was Rp 602 trillion.

The report also noted that state expenditure reached Rp 1,368.4 trillion in July 2021, up 9.3% from July 2020, which was Rp 1,252.4 trillion. Thus, Indonesia experienced a budget deficit of Rp 336.9 trillion or 2.04% of Gross Domestic Product (GDP).

Editor : Dimas Jarot Bayu

"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."