Banggar DPR Praises The Performance Of The Ministry Of Finance: Mrs. Sri Mulyani And Her Staff Successfully Keep The 2023 State Budget Fiscal Healthy

JAKARTA - Chairman of the Budget Agency (Banggar) of the Indonesian House of Representatives Said Abdullah appreciated the Ministry of Finance (Kemenkeu) for successfully maintaining the fiscal State Revenue and Expenditure Budget (APBN) 2023 to remain healthy." “ I congratulate the government, especially the Minister of Finance and all levels for their achievements in managing, and carrying out the target of the 2023 State Budget in a plenary manner,” Said said in Jakarta, quoted from Antara, Sunday, December 31.Moreover, the 2023 economy was colored by war in various areas which made commodity prices volatile, resulting in food and energy disruption. However, fiscal 2022 and 2023 APBN remain healthy, which is also accompanied by the target of macro assumptions achieved. This means that the APBN managed to get through the storm well.On the other hand, the 2023 State Budget is also considered successful in maintaining the achievement of achieving state revenues, where the realization has penetrated 100 percent for three consecutive years since the pandemic. State spending is also well managed, with the realization of the state budget deficit which is also lower than the target.This achievement further convinced me that in fact we are a superior nation, and can work hard. What we have achieved in the last three years has surpassed developed countries, ” Said said.The 2023 State Budget, Said said again, was also successfully maintained thanks to the thickening of the social protection budget which was able to maintain household purchasing power. Inflation, which has become a scourge in many countries for the last two years, is able to be controlled by Indonesia quite well. The trend of inflation throughout 2023 continues to decline, from the beginning of the year inflation reached 5.2 percent to 2.9 percent in December 2023."Therefore, social protection policies should not be misused as a simple policy during the election," he said again.Throughout 2023, Indonesia will also face ongoing pressure from the rupiah exchange rate against the United States (US) dollar, as a result of the high interest rate policy pursued by the Fed.However, Said believes Indonesia managed to balance the Fed's game well."We continue to reduce our dependence on the US dollar, the DPR's Budget Agency continues to provide encouragement so that Bank Indonesia is more innovative. BI continues to develop bilateral and multilateral cooperation to create more varied international payments,” Said said.Said said the government is a strategic friend whose obligation is to be upright in achieving the healthy state budget, so as to be able to provide benefits for improving people's welfare.Said hopes that the government will continue to maintain this commitment, so that the implementation of the 2024 State Budget does not slip against electoral political interests.
“ If that happens, the stakes are huge, there can be an unhealthy fiscal risk, the benefits of the state budget for people's welfare can decrease, the resilience ability in the face of global and domestic dynamics is also getting weaker. Hopefully this doesn't happen,” Said said as well.