President Joko Widodo accompanied by Minister of Finance Sri Mulyani Indrawati, Cabinet Secretary Pramono Anung, and Minister of Home Affairs Tito Karnavian, submitted a Budget Implementation List (DIPA) and a List of Transfer Allocations to Regions (TKD) for Fiscal Year (TA) 2024.

In starting his directive, Jokowi said, currently the world is facing dynamics and global economic prospects that are full of uncertainty.

According to him, geopolitical conditions that are getting warmer and the impact of climate change that is increasingly felt makes Indonesia must remain vigilant.

However, Indonesia's maintained economic growth can be a good capital for the implementation of the 2024 State Budget.

2024 is the last year of this period of government. I ordered that the budget be optimized, complete the unfinished development agenda, which has been planned but has not been completed, complete it! This is to strengthen the foundation for the government in the future," said the President in his official statement, Wednesday, November 29.

DIPA K/L and List of TKD Allocations are very important APBN documents to be a reference for ministers, institutional leaders, and regional heads in carrying out various development programs collaboratively to improve community welfare.

The preparation process until the determination of the State Budget for the 2024 Fiscal Year as a whole can be carried out on time and relatively smoothly in the midst of improving economic conditions.

This is inseparable from the support of various parties, especially the legislature.

Sri Mulyani said that the use of the APBN continues to strive to be maximized to meet all national development priority programs, from starting to protect the people, vulnerable groups, restoring the economy, encouraging transformation, building all corners of the region and also to improve defense and security.

"This effort is carried out while maintaining the State Budget as an instrument that must be maintained health, sustainability and credibility. Thus, the fiscal policy of the State Budget can continue to be useful, effective in maintaining the economy, and protecting the Indonesian people," he said.

Indonesia's economic growth in the third quarter of 2023 continued to grow strongly by 4.94 percent, although slightly weakened when compared to the second quarter, which was 5.17 percent.

Jokowi expressed his hope that economic growth in 2023 could be achieved above 5.0 percent, supported by domestic demand for both consumption and investment which will be the capital for the implementation of the 2024 State Budget.

Furthermore, Jokowi also expressed his appreciation for the increase in the Global Competitiveness Index ranking by 10 positions to rank 34 in 2023, as reported by the Institute for Management Development (IMD).

"Indonesia was previously ranked 44th in 2022. This is one of the important achievements in achieving the vision of an Advanced Indonesia in 2045 which is expected to further increase investor and business actors' trust in good fiscal management," he said.

In addition, the 2024 State Budget will be used as an instrument to ward off challenges and threats to stability.

Therefore, the APBN is designed to be anticipatory, alert to potential crises, responsive, prioritize the interests of the community and nationally, and support economic growth.

The state budget must also be able to protect the community, especially the poor and vulnerable in the form of social protection so that Indonesia can reduce poverty, including extreme poverty, which in 2024 is targeted to be close to 0 percent.

In addition, other welfare targets must also be achieved in 2024, such as a decrease in unemployment between 5.0 percent to 5.7 percent, a decrease in the Gini ratio to 0.374 to 0.377, and an increase in the Human Development Index to 73.99 to 74.02.


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