Sri Mulyani Speeds The Implementation Of Priority Programs Before Jokowi-Maruf Amin Down

Minister of Finance (Menkeu) Sri Mulyani said that the 2024 State Revenue and Expenditure Budget (APBN) would be concerned about the completion of government programs that were included on a national scale.

According to him, fiscal instruments are trying to ensure that every development agenda can achieve the target set. Moreover, next year is a turning point for the formulation of the state budget because it will be accompanied by a change of government.

"That 2024 is the last year of the administration of President Jokowi and Vice President KH. Ma'ruf Amin. Therefore, various priority programs will be focused on implementing it," he said at the Merdeka Palace, Jakarta, Monday, February 20.

The Minister of Finance explained that some of these programs include reducing extreme poverty to 0 percent and headline poverty at 6.5 to 7.5 percent.

"This means that the total poverty will decrease. The funding needs will be prioritized for this year and next year," he said.

Then the next thing is to increase the budget allocation for stunting reduction in Indonesia to 3 percent.

"So these two things require additional hard efforts and allocations provided for this year and next year," he said.

The Minister of Finance added that the government is also targeting to increase investment realization in the remaining years in order to continue to support the national economy.

"This is done through various changes in regulations that have been achieved, so that the focus in 2024 is the implementation of the Job Creation Law, the P2SK Law, the Law on Harmonization of Tax Regulations, and the Central and Regional Financial Relations Law," he stressed.

Furthermore, the state treasurer also said that the government would still use a fiscal incentive scheme in order to support industrial transformation, especially those based on natural resources (SDA).

"The government will also focus on infrastructure because this will increase productivity and also competitiveness of our economy," he said.

"Through that basis, we estimate that next year the budget will be maintained. On the one hand, state revenues will continue to grow with an increasing tax ratio and state spending which will be maintained in a disciplined manner but with priorities according to the national agenda," continued Minister of Finance Sri Mulyani.