Defisit APBN 2023 Capai Rp347,6 Triliun

CNN Indonesia

3 Jan 202402:33

Summary

TLDRThe Indonesian government announced a budget deficit of IDR 347.6 trillion for 2023, equivalent to 0.65% of the GDP. Finance Minister Sri Mulyani highlighted that this deficit is lower than the initial projection of IDR 598.2 trillion. Strong tax revenue contributed to this, with total government revenue reaching IDR 2,774.3 trillion, and tax receipts exceeding targets at 108.8%. This marks the third consecutive year of surpassing tax collection goals since 2002, indicating a robust fiscal performance amidst high spending driven by new initiatives.

Takeaways

📊 The Indonesian government announced a 2023 state budget deficit of Rp 347.6 trillion, equivalent to 0.65% of GDP.
💰 The 2023 budget deficit of Rp 47.6 trillion has not yet been audited by BPK.
📉 This deficit is smaller than the initial projection of Rp 598.2 trillion for 2023.
📈 Strong revenue growth from tax and state revenues has helped manage the budget.
🚀 Tax revenues in 2023 reached Rp 69.2 trillion, exceeding the initial target by 108.8%.
📅 This achievement marks the third consecutive year of exceeding tax revenue targets since 2002.
💵 Total state revenue for 2023 is reported at Rp 2,774.3 trillion.
🔍 Detailed tax revenue consists of Rp 993 trillion from non-oil and gas income tax, Rp 764 trillion from VAT, and Rp 3.1 trillion from other taxes.
📈 Increased spending from ministries and agencies has also contributed to a significant rise in the budget.
🌟 The government's initiatives have resulted in a robust financial environment despite challenges.

Q & A

What was the reported deficit in Indonesia's 2023 state budget?
-The reported deficit in Indonesia's 2023 state budget was IDR 347.6 trillion.
How does the 2023 deficit compare to the initial projections?
-The 2023 deficit is smaller than the initial projection of IDR 598.2 trillion.
What percentage of GDP does the 2023 deficit represent?
-The 2023 deficit represents 0.65% of the GDP.
What was the total tax revenue achieved in 2023?
-The total tax revenue achieved in 2023 was IDR 869.2 trillion.
How did the 2023 tax revenue performance compare to the initial target?
-The tax revenue performance exceeded the initial target by reaching 108.8% of it.
What were the key components of the tax revenue in 2023?
-Key components included IDR 993 trillion from income tax (non-oil and gas), IDR 764 trillion from VAT and luxury tax, and IDR 3.1 trillion from other taxes.
What was the total state revenue reported for 2023?
-The total state revenue reported for 2023 was IDR 2,774.3 trillion.
How many consecutive years has Indonesia exceeded its tax revenue targets?
-Indonesia has exceeded its tax revenue targets for three consecutive years since 2002.
What factors contributed to the decrease in the budget deficit for 2023?
-The decrease in the budget deficit was attributed to strong tax revenue growth and effective management of expenditures.
Who is the Minister of Finance who provided these insights about the budget?
-The insights about the budget were provided by Minister of Finance Sri Mulyani.