Minister of Finance (Menkeu) Sri Mulyani revealed that the transfer value to the regions (KTD) from the state budget had reached Rp58.1 trillion during the January 2023 period. According to him, this figure is higher when compared to January 2022 which amounted to Rp54.9 trillion.
"TKD until last January grew 5.9 percent on an annual basis," he said in the presentation of the realization of the state budget some time ago.
The Minister of Finance explained that TKD absorption so far has produced 7.1 percent of the 2023 budget ceiling set at IDR 814.7 trillion.
"Transfers to regions are dominated by general allocation funds (DAU) which reach Rp47.4 trillion," he said.
The state treasurer said that the central government encourages local governments (Pemda) to improve the quality of spending so that it can provide benefits to the community.
Then, TKD was also channeled through profit-sharing funds (DBH) of IDR 10.8 trillion or jumped from January 2022 which amounted to IDR 4.2 trillion.
"Transfers to this area will continue to be of our concern because almost a third of state spending is carried out through the regions. Therefore, improvements will continue to be made in accordance with the Regional Central Financial Relations Act (HKPD)," he stressed.
For information, the total APBN expenditure until last month has reached around Rp. 141 trillion. This figure consists of central government spending of Rp. 83.2 trillion and TKD of Rp. 58.1 trillion.
Meanwhile, state revenue posted a result of IDR 232.2 trillion. This score makes the state budget posture experience a surplus of IDR 90.8 trillion in January 2023.
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