The Ministry of Finance (Kemenkeu) reported that the performance of the DKI Jakarta regional budget until the first semester of 2023 remained strong as state revenues were maintained positively and the performance of state spending was accelerated.

Head of the Regional Office of the Directorate General of Treasury of DKI Jakarta Province, Mei Ling, said that the realization of revenue reached Rp906.15 trillion or equivalent to 66.56 percent of the set target. Meanwhile, the realization of expenditure was recorded at Rp243.75 trillion or 39.25 percent of the ceiling.

"So there is a regional APBN surplus of Rp662.40 trillion," he said in a written statement quoted on Wednesday, August 2.

May explained that the income side was supported by the acceleration of almost all components of revenue, both taxation and customs and excise.

Taxes reached Rp720.04 trillion or 63.01 percent of the target. Then customs and excise revenues until June 30, 2023 were recorded at Rp11.40 trillion or 49.92 percent of the target. Then, the realization of Non-Tax State Revenue (PNBP) of Rp174.80 trillion or 89.22 percent of the target.

"The DKI Jakarta regional domestic economy remains solid, marked by growing consumption activities, maintained public optimism," he said.

In terms of spending of IDR 243.75 trillion, May said that budget absorption continues to accelerate, including the realization of central government spending of IDR 235.58 trillion for Transfer to Regions (TKD) of IDR 8.17 trillion.

"The performance of the DKI Jakarta Regional Budget until the first semester of 2023 remains strong as the state's revenue is maintained positively, and the performance of state spending is accelerated," he said.

In terms of inflation, May explained that in June 2023 it reached 0.01 percent month to month (mtm) when compared to the previous month. Then, 0.95 percent year to date (ytd) was calculated from the beginning of the current year and 3.20 percent year on year (yoy) was calculated from the same period the previous year.

"The inflation rate that is maintained and shows a downward trend towards the inflation target in 2023, which is accompanied by a high level of public optimism and strong APBN and APBD performance, remains an important capital to keep the DKI Jakarta economy growing solid amid the high geopolitical tension," he concluded.


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