State Spending Realization Reaches Rp 2.310.4 Trillion as of November 2021

The Ministry of Finance (Kemenkeu) recorded that state expenditure reached Rp 2,310.4 trillion by November 2021, a slight increase of 0.1% compared to the same period last year, which was Rp 2,308.2 trillion.

This realization reached 84% of its target in the 2021 State Budget (APBN) of Rp 2,750 trillion.

In detail, the realization of ministry/agency (K/L) expenditure reached Rp 937.3 trillion in November 2021. This figure grew by 10% compared to the same period the previous year, which was Rp 852.2 trillion.

Meanwhile, the realization of non-K/L expenditure was recorded at Rp 662 trillion in November 2021. This amount decreased by 6.5% compared to November 2020, which reached Rp 707.9 trillion.

Similarly, transfers to regions and village funds (TKDD) also experienced a decrease. It was recorded at Rp 711 trillion in November 2021. This amount decreased by 4.9% from November 2020, which reached Rp 748 trillion.

Furthermore, Kemenkeu also recorded state revenue realization of Rp 1,699.4 trillion in November 2021. This figure is lower than the expenditure realization, resulting in Indonesia still experiencing a budget deficit of Rp 611 trillion or 3.63% of the Gross Domestic Product (GDP).