Sri Mulyani Adds The 2021 PEN Budget To IDR 619 Trillion, Higher Than 2020

Minister of Finance Sri Mulyani with husband (Photo: Capture @smindrawati)

JAKARTA - The government, through the Minister of Finance (Menkeu) Sri Mulyani, said that the 2021 National Economic Recovery program (PEN) budget has been increased to Rp. 619 trillion from Rp. 533.1 trillion previously.

"We have discussed with the Coordinating Minister and other ministers if this figure will increase to Rp. 619 trillion," he said at the Mandiri Investment Forum 2021 which was broadcast virtually on Wednesday, February 3.

The increase in the PEN budget for 2021 remains focused on dealing with the uncertainty caused by the Pandemic. In addition, the Minister of Finance also revealed that this economic recovery program will provide tax incentives for the business world of around IDR 42 trillion.

"We will also include tax incentives for the business world of around Rp. 42 trillion, or close to Rp. 60 trillion in tax incentives for the health sector," he said.

In his presentation, the Minister of Finance explained that the government will allocate a budget in the health sector of IDR 104.7 trillion which is used for vaccination programs, medical facilities and infrastructure, treatment claims costs, incentives for health workers and death benefits, as well as BPJS contribution assistance for PBPU / BP.

Meanwhile, the social protection budget of IDR 150.96 trillion for the Family Hope Program (PKH) for 10 million Beneficiary Families (KPM), basic food cards, pre-employment cards, Village Fund Direct Cash Assistance (BLT), cash social assistance for 10 million KPM, internet quota subsidies, and electricity discounts.

For priority programs, the government has allocated IDR 141.36 trillion to support the tourism sector, food security, ICT development, regional loans and regional loan subsidies, labor-intensive stimuli for K / Ls, industrial estates, and other priority programs.

The government also allocated a budget to support MSMEs and corporate financing of IDR 156.06 trillion, which was used for KUR and non-KUR interest subsidies, MSME and corporate loss limit loans, IJP MSMEs and corporations, PEN financing, fund placement, and state capital participation (PMN). ) for SOEs that have received assignments