Sri Mulyani Brings Good News: The State Budget Is Getting Stronger, April Realization Record Surplus Of Rp103 Trillion!

Minister of Finance Sri Mulyani (Photo: screenshot of the Ministry of Finance Youtube)

JAKARTA - The Ministry of Finance (Kemenkeu) reports that the state budget posture in April 2022 recorded a surplus of IDR 103.1 trillion.

Minister of Finance (Menkeu) Sri Mulyani said that the book shot very high compared to the March 2022 score which was a surplus of IDR 10.3 trillion. This result continues the achievement of the budget surplus that has occurred since last January.

"So in general, the state budget posture until the end of April was in a very surplus condition, both for the primary balance and in terms of the total balance. This surplus is equivalent to 0.58 percent of our GDP,” he said when giving a presentation to the media crew on Monday, May 23.

In detail, the Minister of Finance explained that last April's state revenue was Rp. 853.6 trillion, an increase of 45.9 percent on an annual basis (year on year/yoy) compared to the same period in 2021 of Rp. 584.9 trillion.

This state revenue was contributed by tax revenues of IDR 567.7 trillion (up 49.1 percent), customs and excise of IDR 108.4 trillion (up 51.5 trillion), as well as non-tax state revenues or PNBP of IDR 177.4 trillion (up 35 percent). ).

In terms of spending, it was recorded that the realization until last month was worth Rp. 750 trillion or grew 3.8 percent yoy from April 2021 which was Rp. 723 trillion.

State spending itself consists of central government spending of IDR 508 trillion (an increase of 3.7 percent) as well as transfers to regions and village funds or TKDD of IDR 242.4 trillion (up of 4 percent).

"The positive performance of state income continues to be supported by commodity price trends, export and import activities, and the recovery in household consumption," he said.

The moncer result also puts the primary balance on a positive track with Rp220.9 trillion, a significant jump from the previous Rp36.5 trillion deficit in April 2021.

“This makes financing (debt) drop, because we are in a good position. We only realized the financing of Rp. 142 trillion. Compared to last year, our financing reached IDR 397 trillion," he said.

“The condition of the state budget is very good. Of course we will use all of this surplus to be a shock absorber from the current shocks, both from the pandemic and commodities," closed the Minister of Finance Sri Mulyani.