Sri Mulyani Full Smiles, BUMN Deposits IDR 41.7 Trillion Dividend To The State Treasury

Minister of Finance Sri Mulyani (Photo: Doc. Antara)

Minister of Finance (Menkeu) Sri Mulyani informed that until May 31, 2023, the amount of dividend payments from state-owned enterprises (BUMN) was IDR 41.7 trillion.

According to him, the revenue from the separated state wealth instrument (KND) shot up to 66.1 percent compared to the same period last year of IDR 25.1 trillion.

"The realization of KND's revenue is mainly contributed by the dividend deposit of SOEs in the banking sector," he said when describing the realization of our APBN, Monday, June 26.

The Minister of Finance detailed that the value of dividend deposits was classified as fluctuating in recent years because it was influenced by the COVID-19 pandemic factor. This can be seen from the dividend for the 2020 period which amounted to IDR 24 trillion and then dropped in 2021 to IDR 15.2 trillion.

Meanwhile, SOE dividends were deposited into the state treasury a year after the performance achievement in the previous year. For example, the 2020 dividend is the work of the 2019 period, and so on.

Based on information compiled by the editors, deposits from the Association of State Banks (Himbara) consisting of BRI, Mandiri, BNI, and BTN contributed more than 60 percent of the total dividends. Meanwhile, the total dividend revenue target in 2023 is IDR 80.2 trillion.

"These SOEs are believed to be experiencing better growth this year," said Minister of Finance Sri Mulyani.