Good News From Sri Mulyani, State Budget Surplus 234.7 Trillion In April 2023

JAKARTA - Minister of Finance (Menkeu) Sri Mulyani reported that the State Revenue and Expenditure Budget (APBN) posted a surplus of IDR 234.7 trillion at the end of April 2023. According to her, this amount is equivalent to 1.12 percent of Indonesia's Gross Domestic Product (GDP).

"So in four months (this year) we have a surplus," he told the media crew on Monday, May 22.

The Minister of Finance revealed that this positive score was supported by higher state revenues with Rp1,000.5 trillion compared to expenditures of Rp765.8 trillion.

In detail, he explained that this state revenue had reached 40.6 percent of the set target. Meanwhile, the realization of state spending was recorded at around 25 percent of the set ceiling.

"We see that state revenue in the first four months of this year grew by 17.3 percent year on year (yoy) or compared to April 2022. Likewise with state spending which grew 2.0 percent," he said.

Meanwhile, the slick performance of the APBN makes the primary balance perched on the positive track with a book of IDR 374.3 trillion. V

VOI noted that the surplus of fiscal instruments continued the brilliant trend in previous months, namely January with a surplus of IDR 90.8 trillion, February with a surplus of IDR 131.8 trillion, and March with a surplus of IDR 128.5 trillion.