The 2021 State Budget Increased to Rp 688.3 Trillion

Economics & Macro

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Dwi Hadya Jayani 18/02/2021 13:00 WIB

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The Ministry of Finance allocated Rp 688.3 trillion for the 2021 National Economic Recovery (PEN) program.

National Economic Recovery Program (PEN) 2021

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The 2021 State Budget Increased to Rp 688.3 Trillion

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National Economic Recovery Program (PEN) 2021

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The Indonesian Ministry of Finance allocated Rp 688.3 trillion (approximately US$47 billion based on 2021 exchange rates) for the 2021 National Economic Recovery (PEN) program. This is an increase from the previous allocation of Rp 627.9 trillion. Finance Minister Sri Mulyani explained that the PEN 2021 program serves as a survival and recovery kit to protect the public, maintain business continuity, and support priority programs.

The budget focuses on five areas: health, social protection, priority programs, business incentives, and support for MSMEs and corporate financing.

Editor : Muhammad Ahsan Ridhoi

"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."