2020 State Budget Temporary Posture, Rp 307.2 Trillion Deficit

The Indonesian government and the Budget Board of the Indonesian House of Representatives (DPR RI), in a working meeting to determine the provisional structure of the 2020 State Budget (APBN), agreed on a budget deficit of Rp 307.2 trillion in 2020. This deficit figure represents 1.76% of the Gross Domestic Product (GDP). This figure remains in line with the macroeconomic assumptions in the 2020 State Budget Draft Financial Note (Nota Keuangan RAPBN 2020).

State revenue was agreed to increase by approximately Rp 11.6 trillion to Rp 2,221.5 trillion from the Rp 2,221.5 trillion in the 2020 State Budget Draft. The increase in state revenue is in line with the increase in state expenditure, which rose by Rp 11.6 trillion from Rp 2,528.8 trillion to Rp 2,540.4 trillion.

Transfers to regions and village funds decreased by Rp 1.8 trillion from Rp 858.8 trillion to Rp 856.9 trillion. This decrease occurred in the transfer to regions, falling from Rp 786.8 trillion to Rp 784.9 trillion. Furthermore, the figures that remain unchanged are the primary balance deficit of Rp 12 trillion and the budget financing of Rp 307.2 trillion.

(Read Databoks: [Semester I 2019, APBN Deficit Widens to Rp 135.8 Trillion](https://databoks.katadata.co.id/datapublish/2019/07/17/semester-i-2019-defisit-apbn-melebar-jadi-rp-1358-t))