Indonesia's State Budget Deficit Reaches Rp 36 Trillion in January 2020
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January 2020 State Budget Revenue Realization reached Rp 103.7 trillion, down 4.6% compared to the same period the previous year. The same occurred with state expenditure realization, which recorded a 9.1% decrease to Rp 139.8 trillion. As a result, the State Budget deficit also decreased.
In January 2020, the State Budget deficit reached Rp 36.1 trillion, or 0.21% of the Gross Domestic Product (GDP). This figure is down 19.9% compared to the deficit in January 2019.
In detail, State Budget revenue realization was dominated by tax revenue, amounting to Rp 84.6 trillion. Meanwhile, non-tax state revenue (PNBP) amounted to Rp 19 trillion.
The largest expenditure was allocated to central government spending outside ministries/agencies, amounting to Rp 40.6 trillion. Other state expenditures include spending by ministries/agencies of Rp 30.9 trillion, transfers to regions of Rp 68 trillion, and village funds of Rp 332.4 billion.
"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."
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