Indonesia's State Budget (APBN) recorded a surplus of Rp106.1 trillion in July 2022.

Economics & Macro

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Cindy Mutia Annur 12/08/2022 13:50 WIB

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Finance Minister Sri Mulyani Indrawati stated that the Indonesian state budget (APBN) recorded a surplus of Rp 106.1 trillion in July 2022.

Indonesia's State Budget Realization (July 2021-July 2022)

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Indonesia's State Budget (APBN) recorded a surplus of Rp106.1 trillion in July 2022.

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Indonesia's State Budget Realization (July 2021-July 2022)

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According to Finance Minister Sri Mulyani's report, state revenue in July 2022 reached Rp1.551 trillion, while state expenditure amounted to Rp1.444.8 trillion.

Thus, the State Budget (APBN) recorded a surplus of Rp106.1 trillion in July 2022.

This figure is up 131.5% (year-on-year/yoy) from July 2021, when Indonesia experienced an APBN deficit of Rp336.7 trillion.

"(The surplus achievement) is a reversal of more than Rp340 trillion in just 12 months," said Sri Mulyani in a press conference on the APBN Kita, Thursday (11/8/2022).

Sri Mulyani revealed that this year's APBN was actually designed to be negative or a deficit of 4.5% of GDP. This is stipulated in Presidential Regulation Number 98 of 2022. However, she is grateful that the APBN position until July 2022 is still in surplus, even for seven consecutive months.

The value of the APBN surplus in July 2022 is equivalent to 0.57% of Gross Domestic Product (GDP).

"This is something we are quite grateful for, and we still have SILPA (surplus budget calculation) of Rp302.8 trillion," said Sri Mulyani.

In addition, the primary balance also experienced a surplus of Rp316.1 trillion. This figure increased by 320.4% (yoy) compared to last year, which was negative or a deficit of Rp143.4 trillion.

Editor : Adi Ahdiat

"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."