Economics & Macro

Lite

Social Protection Realization Increased in January 2023, Mostly for KUR Subsidies

Erlina Fury Santika 23/02/2023 20:06 WIB

Bagikan URL has been copied

Memuat...

Social protection spending of Rp14.6 trillion was realized in January 2023. The majority went to KUR subsidies.

Social Protection Budget Realization (January 2019-January 2023)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Social Protection Realization Increased in January 2023, Mostly for KUR Subsidies

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.

Social Protection Budget Realization (January 2019-January 2023)

Download

Source

A Small
A Medium
A Bigger

A report released by the Ministry of Finance (Kemenkeu) shows that the realization of the social protection budget in January 2023 reached Rp14.6 trillion. This fund was taken from the 2023 State Budget (APBN).

This figure shows a 6.2% increase from the January 2022 period, which was Rp13.7 trillion. However, this figure is still small compared to the 2021 realization, which was Rp22.3 trillion.

The 2023 realization includes spending for ministries/agencies (K/L) and interest subsidies for People's Business Credit (KUR).

Spending for K/L reached Rp3.9 trillion. This was disbursed to the Ministry of Social Affairs in the form of social assistance (bansos) for disaster relief and assistance for people with disabilities.

Furthermore, funds were disbursed to the Ministry of Religious Affairs for the distribution of religious-based Kartu Indonesia Pintar (KIP) college scholarships.

The largest amount of spending was for KUR interest subsidies, reaching Rp10.7 trillion.

Sri Mulyani, Minister of Finance, stated that the target of KUR is the Micro, Small, and Medium Enterprises (MSMEs). They receive credit with low-interest rates because the APBN spends Rp10.7 trillion to subsidize the interest.

"So, they don't experience an increase in interest rates on their loans," said Sri Mulyani in the *APBN Kita* press conference held on Wednesday (22/2/2023).

Sri Mulyani said that KUR will increase this year, so spending on subsidies is estimated to be higher. According to her, this is the government's way of protecting MSMEs so that they have access to capital.

"However, (MSMEs) do not bear the increasing interest costs due to rising inflation and interest rates," Sri Mulyani explained.

Here is the realization of the social protection budget from January 2019 to January 2023:

* 2019: Rp15.2 trillion
* 2020: Rp13.2 trillion
* 2021: Rp22.3 trillion
* 2022: Rp13.7 trillion
* 2023: Rp14.6 trillion

(Also read: Realization of Food Security Budget in January 2023 Increased, Rice Prices are Expected to be Stable)

Editor : Erlina Fury Santika

"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."

Related Data

The number of Indonesian State-Owned Enterprises continues to decrease through 2024.

New MBG Budget Realization Absorbed by 61.23% as of Early November 2025

State Expenditure Reaches Rp2,911 Trillion as of November 2025

BTN, The FLPP Distributing Bank with the Largest Contribution (December 22, 2025)

FLPP Realization Only 77% of Target as of December 22, 2025

Details of Indonesian Income Tax and VAT Payments as of November 2025

Latest Data Stories

Historical Data of Average Wages in West Sumatra, 2018-2023 Employment 26/12/2025, 8:09 WIB

10 Regions with the Least Air Pollution in Indonesia, Malang Ranks 1st on Friday Morning Consumer Services & Health 26/12/2025, 7:30 WIB

10 Richest People in the World December 2025, Elon Musk Ranks First Economics & Macro 26/12/2025, 7:15 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 26/12/2025, 7:11 WIB

Weather Forecast for South Bangka, April 12-23/25 Demographics 26/12/2025, 5:40 WIB

Today's weather in Wonosobo will be light rain with temperatures between 20-27°C. Demographics 25/12/2025, 22:27 WIB

Download

Source

Social Protection Realization Increased in January 2023, Mostly for KUR Subsidies

Social Protection Realization Increased in January 2023, Mostly for KUR Subsidies

Tags

Related Data

The number of Indonesian State-Owned Enterprises continues to decrease through 2024.

New MBG Budget Realization Absorbed by 61.23% as of Early November 2025

State Expenditure Reaches Rp2,911 Trillion as of November 2025

BTN, The FLPP Distributing Bank with the Largest Contribution (December 22, 2025)

FLPP Realization Only 77% of Target as of December 22, 2025

Details of Indonesian Income Tax and VAT Payments as of November 2025

Latest Data Stories

Popular Data

Social Protection Realization Increased in January 2023, Mostly for KUR Subsidies

Social Protection Realization Increased in January 2023, Mostly for KUR Subsidies

Tags

Related Data

The number of Indonesian State-Owned Enterprises continues to decrease through 2024.

New MBG Budget Realization Absorbed by 61.23% as of Early November 2025

State Expenditure Reaches Rp2,911 Trillion as of November 2025

BTN, The FLPP Distributing Bank with the Largest Contribution (December 22, 2025)

FLPP Realization Only 77% of Target as of December 22, 2025

Details of Indonesian Income Tax and VAT Payments as of November 2025

Latest Data Stories

Trending Topics

Popular Data