Sri Mulyani: 16 Million Sinovac Vaccines Coming Today Help To Increase Economic Sector

Minister of Finance Sri Mulyani Indrawati. (Photo: Doc. Ministry of Finance)

JAKARTA - Minister of Finance (Menkeu) Sri Mulyani said the arrival of 16 million Sinovac vaccines scheduled to arrive today is considered to help increase the positive effect on economic activity in Indonesia.

According to Minister of Finance Sri Mulyani, this effort at the same time increases the opportunity for the domestic community to be able to receive vaccines more quickly.

"This will give added confidence to economic activity and also to the number of people who will receive the vaccine", he said at the Stakeholder Meeting for the Acceleration of National Economic Recovery which was broadcast virtually, Thursday, March 25.

Minister of Finance added the acceleration of national vaccination is considered to be able to encourage the recovery of economic activity which had been hampered. However, he hopes that the implementation of the health protocol will continue even though the community has received the vaccine in two stages.

"We want the community to be able to carry out their activities again even in a different atmosphere and still maintain health protocols", he said.

To note, the health budget in the 2019 State Budget before the pandemic was recorded at IDR 113 trillion. This amount then shot up to nearly IDR 300 trillion in the 2021 State Budget.

Meanwhile, state spending until the close of February 2021 reached IDR 282.7 trillion, an increase of 1.2 percent from last year's realization. This total expenditure is equivalent to 10.3 percent of the total state expenditure allocated for 2021, which amounts to IDR 2.750 trillion.

Meanwhile, in terms of state revenue, it is stated that it is IDR 219.2 trillion or 12.6 percent of the projected revenue this year.

The income realization actually increased from the 2020 period which amounted to IDR 217.6 trillion. This means that the state income for the first two months of this year is better than the period before the 2020 pandemic.

"We at the Ministry of Finance and also the cabinet will continue to observe the development of existing indicators, and strive to keep the recovery process running smoothly and quickly", concluded Sri Mulyani.