JAKARTA - The government through the Directorate General of State Assets (DJKN) of the Ministry of Finance (Kemenkeu) reported that there was an increase in state assets of IDR 4,397 trillion to IDR 11,098 trillion at the end of the 2020 period.
The Director General of State Assets of the Ministry of Finance Rionald Silaban said that of the total assets, 59.3 percent of them or equivalent to Rp. 6,585 trillion were assets in the form of state property (BMN).
"This asset increase is a comparison with the value before the BMN revaluation," he said through a virtual channel on Monday, November 15.
According to Rionald, the positive growth of state wealth cannot be separated from the strategy of increasing use value and the principle of efficiency.
“The activity of tidying up the arrangement of BMN through revaluation is one of the various managements carried out with ministries and institutions. In the last three years, innovation and synergy have shown tangible results, including the certification of state-owned land, the application of insurance for BMN, and the contribution of PNBP (Non-Tax State Revenue) obtained from BMN," he said.
Furthermore, Sri Mulyani's subordinate also explained that the auction of state-owned goods in the past five years has succeeded in reaping Rp 101.9 trillion in funds with a PNBP auction amount of Rp 2.24 trillion.
Meanwhile, the asset revaluation carried out by DJKN was held in 2018 by revaluing assets owned by an entity (ministry/institution) so that it reflects the current asset value.
This revaluation can actually be done not only for assets but also liabilities and other forms of wealth. However, revaluation is often associated with assets, especially fixed assets. Revaluation can result in the value of the asset being greater or less than the carrying amount.
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