Legislator: Pertamina's Moncer Performance, Significant Contribution To The State Budget

JAKARTA - Pertamina's performance throughout 2024 is considered very positive, including deposits to state revenues, in the form of taxes, non-tax state revenues (PNBP), and dividends worth IDR 401.73 trillion. This was conveyed by a member of Commission XII DPR, Eddy Soeparno, in response to the achievements submitted by the energy BUMN at the Annual General Meeting of Shareholders (GMS), 2024 Fiscal Year.

The figure of Rp401.73 trillion shows Pertamina as one of the largest SOEs in Indonesia, including in contributing to countries in the form of taxes, PNBP and dividends. This is a significant contribution to the state budget," said Eddy to reporters, Monday, June 16.

According to Eddy, the large amount of deposits to the country is very important for the national economy. In addition to having a positive impact on the community, it can also support Pertamina's performance improvement as a state-owned company tasked with maintaining national energy security.

Not only to the community. Deposits to the country can be contributed again, in this case to the Danantara. The deposit can also support the increase in oil and gas lifting, when Pertamina needs it in the form of state participation or support," he said.

Given this important role, Eddy hopes that in the future Pertamina must also continue to be encouraged as an energy company.

"Especially in order to increase our renewable energy mix, so that we can contribute more to the state budget," concluded Eddy.

Separately, a senior economist at Riau University, Dahlan Tampubolon, assessed that the high deposit to the state shows that Pertamina's fiscal contribution to the country is increasing sharply. This indicates that Pertamina prioritizes fiscal and dividend obligations, despite the pressures of profitability.

This contribution of Rp401.73 trillion is very significant for the Indonesian State Budget. This contribution provides a crucial fiscal space to maintain this sustainability. Without Pertamina's contribution, the government will face greater fiscal pressure," said Dahlan.

According to Dahlan, Pertamina's contribution of Rp401.73 trillion is extraordinary. This figure is around 20.71 percent of the total BUMN contribution, which directly injects massive funds into the APBN.

"This contribution of 20.71 percent is not only a number of statistics, but a reflection of the success of BUMN management which has contributed significantly to sustainable fiscals and Indonesia's economic development," he explained.

Meanwhile, regarding the funds deposited into the APBN, according to Dahlan, it is very important for the national economy. The funds allow the government to finance vital infrastructure (walks, ports, airports, electricity), education, health and social security programs.

"This also shows Pertamina's role as one of the main pillars of state revenue. Without this contribution, the government will rely heavily on debt or have to cut public spending, which can hinder economic growth and community welfare," he said.

Overall, Dahlan explained, this performance also further emphasizes Pertamina's vital role in the Indonesian economy. Not only as a major energy provider, but also as a "cash cow" for countries that are able to make a stable contribution even in the midst of global market pressure.

In the Annual General Meeting of Shareholders (GMS) for the 2024 Fiscal Year which was held Thursday, June 12, 2025, Pertamina did convey performance achievements throughout 2024. Through solid financial and operational performance, this state-owned energy company deposited IDR 401.73 trillion to countries originating from taxes, Non-Tax State Revenue (PNBP), and dividends.

Throughout 2024, Pertamina also posted strong financial performance. The company's revenue reached 75.33 billion US dollars (equivalent to Rp1,194 trillion), with EBITDA of 10.79 billion US dollars (Rp171.04 trillion) and net profit of US$3.13 billion (Rp49.54 trillion).