Indonesia's State Budget (APBN) recorded a surplus of Rp31.3 trillion in January 2024.

Economics & Macro

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Cindy Mutia Annur 23/02/2024 16:47 WIB

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The Ministry of Finance reported that the State Budget (APBN) recorded a surplus of Rp31.3 trillion in January 2024.

Indonesia's State Budget Realization (January 2023-January 2024)

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Indonesia's State Budget (APBN) recorded a surplus of Rp31.3 trillion in January 2024.

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Indonesia's State Budget Realization (January 2023-January 2024)

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The Ministry of Finance (Kemenkeu) reported that the State Revenue and Expenditure Budget (APBN) recorded a surplus of Rp31.3 trillion in January 2024.

"A budget surplus of Rp31.3 trillion, which is approximately 0.14% of GDP (Gross Domestic Product), and budget financing of Rp106.4 trillion have been realized," said Deputy Minister of Finance Suahasil Nazara in an online APBN KiTa press conference on the Kemenkeu YouTube account, Thursday (22/2/2024).

However, the January 2024 APBN surplus was lower than the January 2023 surplus, which reached Rp90.7 trillion.

The decline in surplus occurred because revenue realization in January 2024 was smaller than in January 2023. Expenditure realization at the beginning of this year also swelled, as seen in the graph above.

From the primary balance perspective, the APBN in January 2024 achieved a surplus of Rp61.4 trillion. The primary balance is the total revenue minus state expenditure excluding interest payments on debt.

State revenue realization in January 2024 reached Rp215.5 trillion, or 7.7% of this year's budget ceiling of Rp2,802.3 trillion.

This state revenue was supported by tax revenue of Rp172.2 trillion (consisting of tax revenue of Rp149.2 trillion and customs and excise revenue of Rp22.9 trillion) and non-tax state revenue (PNBP) of Rp43.3 trillion.

Then, state expenditure realization in January 2024 amounted to Rp184.2 trillion, or 5.5% of this year's total budget ceiling of Rp3,325.1 trillion.

The realization is divided into central government expenditure of Rp96.4 trillion (consisting of ministry/agency expenditure of Rp44.8 trillion and non-ministry/agency expenditure of Rp51.6 trillion) and Transfers to Regions (TKD) of Rp87.8 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."

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Indonesia's State Budget (APBN) recorded a surplus of Rp31.3 trillion in January 2024.

Indonesia's State Budget (APBN) recorded a surplus of Rp31.3 trillion in January 2024.

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Indonesia's State Budget (APBN) recorded a surplus of Rp31.3 trillion in January 2024.

Indonesia's State Budget (APBN) recorded a surplus of Rp31.3 trillion in January 2024.

Tags

Related Data

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

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Average Length of Schooling in Bekasi City Reaches 12.11 Years in 2025

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