Sri Mulyani: State Budget Still Surplus IDR 204.3 Trillion In May 2023

Minister of Finance Sri Mulyani (Photo: Capture the screen of the Ministry of Finance's Youtube)

Minister of Finance (Menkeu) Sri Mulyani said that the performance of the State Revenue and Expenditure Budget (APBN) recorded a surplus of IDR 204.3 trillion or equivalent to 0.97 percent of gross domestic product (GDP) in May 2023.

According to him, this figure was formed in terms of higher income with Rp1,209.3 trillion compared to expenditures of Rp1,005 trillion.

"The performance of the state budget until the end of May is still maintained positive," he said at a press conference today, Monday, June 26.

Meanwhile, last month's score continued a positive trend since the beginning of the year which also recorded a surplus, namely January a surplus of IDR 90.8 trillion, February IDR 131.8 trillion, March a surplus of IDR 128.5 trillion, and April a surplus of IDR 234.7 trillion.

"The state revenue in May 2023 is equivalent to 49.1 percent of the APBN target of Rp2,463 trillion," he said.

Meanwhile, new state expenditures were absorbed 32.8 percent of the APBN ceiling of IDR 3,061.2 trillion.

"Meanwhile, in terms of primary balance, it also recorded a surplus of IDR 390.5 trillion," said Minister of Finance Sri Mulyani.