It Is Believed That The Absorption Of PEN 2021 Is Only 90 Percent, The Government Will Transfer IDR 74 Trillion For Next Year

Coordinating Minister for the Economy Airlangga Hartarto (Photo: Screenshot of the Presidential Secretariat Youtube)

JAKARTA - The government through the Coordinating Minister for the Economy, Airlangga Hartarto, revealed that it is very likely that the absorption of the 2021 National Economic Recovery (PEN) budget will not reach the target set.

This was conveyed by Airlangga when holding a virtual press conference regarding the evaluation of the Implementation of Community Activity Restrictions (PPKM) today.

"This year's PEN funds are estimated to be realized at 90 percent, meaning that there is 10 percent of the budget remaining", he said, Monday, December 20.

For information, this year's National Economic Recovery fund is IDR 744.77 trillion. Referring to Airlangga's statement above, as much as IDR 74.4 trillion will be shifted to its allocation in 2022.

"The remaining 10 percent of the budget can also be used next year as a buffer for social protection", he said.

According to VOI records, as of December 10, the realization of PEN funds was IDR 519.69 trillion, or equivalent to 69.8 percent of the provided ceiling.

Meanwhile, the budget for the National Economic Recovery Program for the 2022 period is IDR 414 trillion. This figure is divided into three main clusters, namely health of IDR 117.9 trillion, public protection of IDR 154.8 trillion, and the cluster of strengthening economic recovery of IDR 141.4 trillion.