Government Spending Realization Reaches 18.07% of the 2022 State Budget Target in March

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Cindy Mutia Annur 21/04/2022 14:30 WIB

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State spending realization reached Rp 490.6 trillion by March 2022. This figure represents only 18.07% of the total State Budget (APBN) target of Rp 2,714.2 trillion.

Indonesia's State Expenditure Realization (March 2021 & 2022)

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Government Spending Realization Reaches 18.07% of the 2022 State Budget Target in March

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Indonesia's State Expenditure Realization (March 2021 & 2022)

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State spending realization reached Rp490.6 trillion by March 2022. According to the Ministry of Finance's report, this figure represents approximately 18.07% of the target in the 2022 State Budget (APBN), which totals Rp2,714.2 trillion.

Compared to the same period last year, state spending realization in March 2022 decreased by 6.2% compared to March 2021, which amounted to Rp523 trillion.

Up to March 2022, the largest state spending realization came from Transfers to Regions and Village Funds (TKDD), amounting to Rp176.5 trillion. This figure increased by 2% from the TKDD in March 2021, which amounted to Rp173 trillion.

The next largest realization was non-ministry/agency (K/L) spending, amounting to Rp164.2 trillion. This increased by 10.6% compared to non-K/L spending in March 2021, which reached Rp148.5 trillion.

Furthermore, K/L spending realization reached Rp150 trillion in March 2022. This figure decreased by 25.6% compared to the same period last year, which amounted to Rp201.6 trillion.

Meanwhile, state revenue realization was recorded at Rp501 trillion up to March 2022. This figure was larger than the spending realization, resulting in Indonesia experiencing a budget surplus of Rp10.3 trillion or 0.06% of the Gross Domestic Product (GDP).

Editor : Annissa Mutia

"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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Government Spending Realization Reaches 18.07% of the 2022 State Budget Target in March

Government Spending Realization Reaches 18.07% of the 2022 State Budget Target in March

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Government Spending Realization Reaches 18.07% of the 2022 State Budget Target in March

Government Spending Realization Reaches 18.07% of the 2022 State Budget Target in March

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