Defisit APBN Melebar Per-Agustus 2024 - [Metro Siang]

METRO TV

27 Sept 202401:04

Summary

TLDRIndonesia’s 2024 national budget (APBN) report reveals a significant increase in the fiscal deficit and national debt by August. The deficit rose to IDR 13.7 trillion, while the debt reached IDR 347.6 trillion. State revenue was IDR 1777 trillion, reflecting a 0.5% decline from last year and only 63.4% of the annual target. Meanwhile, state expenditure grew by 1.3%, reaching IDR 1,930 trillion, which is 58.1% of the annual budget. The report highlights the need for better fiscal management as the government faces economic challenges.

Takeaways

😀 The Ministry of Finance reports that the 2024 National Budget (APBN) shows a deficit at the end of August.
😀 The fiscal deficit has led to an increase in debt, reaching IDR 13.7 trillion, up from IDR 93.4 trillion.
😀 Debt withdrawals have risen significantly to IDR 347.6 trillion.
😀 State revenues for 2024 reached IDR 1,777 trillion, a 0.5% decrease compared to last year.
😀 State revenue has also fallen short of its annual target by 63.4%.
😀 National expenditure for 2024 amounted to IDR 1,930 trillion, a 1.3% increase from the same period last year.
😀 The increase in national expenditure represents 58.1% of the annual budget cap (Pagu Belanja).
😀 The government is facing a challenging fiscal environment with a substantial increase in debt and a drop in revenue.
😀 There is a significant reliance on debt to cover the budget deficit in 2024.
😀 The government urges the public to stay informed through new channels like the Metro TV extension app for updates on fiscal matters.

Q & A

What is the budget deficit for Indonesia's APBN in 2024?
-As of the end of August 2024, Indonesia's state budget (APBN) reported a deficit of IDR 13.7 trillion.
How much has the deficit increased compared to previous reports?
-The deficit has increased from IDR 93.4 trillion, marking a significant rise in the national fiscal gap.
What was the total government debt resulting from the deficit?
-The total government debt linked to the budget deficit reached IDR 347.6 trillion.
How much did state revenue decrease compared to last year?
-State revenue for 2024 reached IDR 1,777 trillion, which represents a 5% year-on-year decrease.
What percentage of the annual revenue target has been achieved by August 2024?
-By the end of August 2024, the state revenue achieved 63.4% of the annual target.
How did government spending change compared to the previous year?
-Government spending reached IDR 1,930 trillion, which is a 1.3% increase compared to the same period last year.
What percentage of the total annual budget has been used by August 2024?
-The government has spent 58.1% of the total annual budget by the end of August 2024.
How does the current fiscal situation impact Indonesia's debt management?
-The increase in the deficit and the higher debt level suggests that the government will need to manage higher borrowing requirements, possibly leading to future fiscal challenges.
What is the purpose of the call to action at the end of the transcript?
-The call to action encourages viewers to download the Metro TV app for more information, likely as part of an effort to promote the news outlet's services.
What is the significance of the 5% decrease in state revenue?
-The 5% decrease in state revenue indicates a shortfall in income generation, which could further exacerbate fiscal challenges and budget deficit concerns.