For The Sake Of Advanced Indonesia, The Government Is Willing To Break Into IDR 2.3 Trillion Next Year

Illustration (Photo: Doc. Ministry of Finance)

JAKARTA - Deputy Minister of Finance (Wamenkeu) Suahasil Nazara revealed that the source of state revenues originating from exit duties is believed to decline next year.

According to him, this projection cannot be separated from the government's efforts to encourage the downstream program of natural resources (SDA), especially in the mineral sector.

"Next year's export of duties is estimated at IDR 17.5 trillion," he said in a discussion on the State Budget Bill with Commission XI of the House of Representatives (DPR) at the Senayan Parliament Complex, Jakarta, Thursday, August 31.

Suahasil explained that the prediction was lower than the export of export duties in the 2023 State Budget outlook which is targeted to reach IDR 19.8 trillion.

"Bea coming out next year is 11.5 percent lower or around Rp. 2.3 trillion," he said.

Suahasil added that the decline was also predicted to occur in Non-Tax State Revenue (PNBP) to Rp473 trillion compared to the outlook this year which amounted to Rp515.8 trillion.

"We project that Non-Tax State Revenue in 2024 will decrease by 8.3 percent, especially from the price of our commodity which has decreased," he said.

For information, downstreaming is considered to be an important step for Indonesia to become a developed country in 2045. Downstream is also believed to be able to have a positive impact on the national economy through efforts to provide added value to industrial products and open up job opportunities.

If this roadmap is achieved, then economic growth will be boosted along with the increase in people's per capita income.