Sri Mulyani Reveals BRI Capai Dividend Of IDR 6.8 Trillion Of The Biggest Contributor To KND

The Minister of Finance of the Republic of Indonesia, Sri Mulyani. (Photo: Doc. Antara)

Minister of Finance Sri Mulyani Indrawati revealed that the interim dividend deposit from PT Bank Rakyat Indonesia (BBRI) Tbk contributed Rp6.8 trillion to Separated State Assets (KND). This figure is up 47.4 percent when compared to last year's Rp4.6 trillion.

"For KND, namely BUMN. We get dividends that are paid quite early, namely dividends, especially from BRI," said Sri Mulyani during a press conference for the March 2024 edition of the KiTa State Budget in Jakarta, Monday, March 25, 2024.

Sri Mulyani assessed that overall, Non-Tax State Revenue (PNBP) until March 15, 2024, reached IDR 93.5 trillion or 19 percent of the 2024 State Budget target.

"This actually decreased 12.3 percent from last year's PNBP, because last year it reached Rp106.6 trillion. So, this has begun to be seen, especially for natural resource commodities (SDA)," he said.

Sri Mulyani conveyed that the realization of the SDA PNBP was influenced by commodity price fluctuations so that the revenue of oil and gas and non-oil and gas SDA slowed down to Rp17.8 trillion and Rp22.4 trillion, respectively.

"For SDA oil and gas, the contraction is up to 20 percent to 21 percent. Non-oil and gas in addition to the price of Indonesia Crude Price (ICP) has decreased, the lifting has also decreased so that our revenue has decreased 20 percent to Rp17.8 trillion from last year's Rp22.3 trillion," he explained.

Sri Mulyani said that revenues from non-oil and gas natural resources had decreased, especially in line with the decrease in production volume and coal prices.

Meanwhile, Indonesia's decline in leading commodity revenues was quite sharp, namely 38.7 percent (yoy), from IDR 36.6 trillion last year to IDR 22.4 trillion or 23 percent of the APBN target as of March 15, 2024.

Meanwhile, for other PNBPs, the government has pocketed 29 percent of the target. However, followed by a contraction in state revenue from Rp34.5 trillion last year, to Rp33.4 trillion as of March 15, 2024.

"If you look at the PNBP of ministries/agencies (K/L), which grew 14.9 percent, this is mainly from employment, communication, and information services, as well as compensation for mining permit areas," he said.

Meanwhile, the realization of separated State Assets (KND) revenue reached IDR 6.8 trillion or 7.9 percent of the APBN target, which was contributed from the Banking State-Owned Enterprises (BUMN) interim dividend deposit.

Meanwhile, the realization of the Public Service Agency (BLU) was recorded at IDR 13.1 trillion or 15.7 percent of the APBN target. This figure experienced a growth of 51.1 percent (yoy), mainly contributed by hospital service revenues and education services.

"Especially for hospital services and education, both have a very large effect, especially the effects of the pandemic that is starting to disappear," he concluded.