President Joko Widodo Decides To Closed The Plenary Cabinet Session Of 2021

JAKARTA - President Joko Widodo (Jokowi) decided to hold a closed cabinet plenary session today, Wednesday, January 6. Previously, the agenda for the session, which was planned to discuss the implementation of the 2020 State Budget and the 2021 State Budget implementation, was widely covered.

Meanwhile, the participants in the plenary cabinet session were also attended by Vice President Ma'ruf Amin, all ranks of the Ministers of the Advanced Indonesia Cabinet, as well as high-ranking institutions.

Based on the information compiled by VOI, the government said that the direction of using the APBN was aimed at supporting competitiveness through innovation and strengthening the human resource (HR) sector.

Furthermore, the government is also committed to continuing infrastructure development, allocating economic resources more efficiently, and promoting an effective, serving, and corruption-free bureaucracy.

For the record, the macroeconomic assumption of the 2020 State Budget states that economic growth is 5.3 percent, inflation is 3.1 percent, the rupiah exchange rate against the US dollar is IDR 14,400 per US dollar, the SPN interest rate is 5.4 percent, the price of crude oil 63 US dollars per barrel. Then, oil lifting is 775 thousand barrels per day, and gas lifting is 1,191 thousand barrels per day.

Then, the development target consists of several indicators, including the unemployment rate of 4.8 percent to 5 percent, the Gini ratio index of 0.375 to 0.380, the poverty rate of 8.5 - 9 percent, the human development index of 72.51.

Meanwhile, the budget posture proclaimed in the 2020 State Budget consists of state expenditure of IDR 2,540.4 trillion and state revenue of IDR 2,233.2 trillion. Furthermore, the central government expenditures amounted to Rp1,683.5 trillion and transfers to the regions along with village funds amounted to Rp. 856.9 trillion.

For the tax revenue sector, it is set at IDR 1,865.7 trillion, non-tax state revenue (PNBP) IDR 367 trillion, and grant receipt IDR 500 billion.