First In The Pandemic Era: Acceptance Of Customs Drop, What's Up Mrs. Sri Mulyani?

Illustration (Photo: Doc. Antara)

Minister of Finance (Menkeu) Sri Mulyani revealed that there was a decrease in customs and excise revenues by 12.8 percent year on year (yoy) in April 2023 to IDR 94.5 trillion.

According to him, the book is much more gentle when compared to the same period in 2022 which amounted to Rp108.4 trillion.

"Customs and excise have contracted 12.8 percent. During the pandemic period, this sector has constantly recorded an increase. So, the results obtained now are the first correction," he told the media crew, quoted on Thursday, May 25.

Sri Mulyani explained, there are three supporting instruments for customs and excise revenues, namely import duties (BM), excise duty, and exit duties (BK). Meanwhile, of the three instruments, there were two that experienced a decline, namely excise duty and BK.

In detail, excise duty fell 5 percent yoy in April 2023 to IDR 72.3 trillion from the previous IDR 76.2 trillion.

While the exit fee fell quite well in 71.6 percent to Rp4.1 trillion compared to the previous Rp14.5 trillion,

Ckai is down influenced by the weakening production of class I tobacco products. In addition, because of the high revenue base in April 2022. As for outgoing duties, the decline occurred due to the price of palm oil (CPO) which began to be moderated," he said.

For import duties, it is known to grow slightly by 3.3 percent to Rp15.8 trillion from the previous Rp15.3 trillion.

"The growth of outgoing duties is influenced by the increase in the US dollar exchange rate. We need to pay attention to this because on the one hand the import performance has started to decline since February 2023," said Minister of Finance Sri Mulyani