The government through the Ministry of Finance reported that the State Revenue and Expenditure Budget (APBN) experienced a surplus of IDR 128.5 billion in March 2023.
Minister of Finance (Menkeu) Sri Mulyani said that this positive result was recorded through greater state revenues with a realization of IDR 647.2 trillion or equivalent to 26 percent of the APBN ceiling.
Meanwhile, state expenditures have been disbursed in the amount of IDR 518.7 trillion or 16.9 percent of the plan this year.
"This APBN surplus is equivalent to 0.61 percent of gross domestic product or GDP," he told reporters via digital channels, Monday, April 17.
The Minister of Finance explained that this condition made the prime balance surplus to Rp228.8 trillion.
For information, the 2023 State Budget Law has stipulated state revenues of IDR 2,463 trillion with state expenditures of IDR 3,061.2 trillion.
Based on this stipulation, this year's fiscal instrument is designed with a budget deficit of IDR 598.2 trillion or equivalent to 2.84 percent of GDP.
VOI noted that the slick March 2023 score extended this year's surplus trend with IDR 90.8 trillion in January and IDR 131.8 trillion in February.
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