As of March 2023, the state budget still has a profit of IDR 128.5 trillion

As of March 2023, the state budget still has a profit of IDR 128.5 trillion

Reportase.one – Minister of Finance Sri Mulyani Indrawati revealed that until the end of March 2023, the State Revenue and Expenditure Budget (APBN) is still in a surplus condition.

“As of the end of March 2023, our state budget has a surplus of IDR 128.5 trillion or 0.61% of GDP (Gross Domestic Product),” said Sri Mulyani in a virtual press conference, Monday (17/4/2023).

Sri Mulyani explained that the profit performance of the APBN was due to state revenue which was still high compared to expenditure.

“For March (2023) the position of our APBN is still very positive. Our state revenue reaches IDR 647.2 trillion or this is 26.3% of the total target for the 2023 APBN,” he explained.

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Meanwhile, state spending reached IDR 518.7 trillion until March 2023. This realization grew 5.7% yoy or 16.9% of the 2023 State Budget target.

“We have spent IDR 518.7 trillion or 16.9% of the total spending in the State Budget Law. This is an increase of 5.7% of total spending until March 2023,” explained Sri Mulyani.

So that it was recorded that the primary balance also experienced a surplus of IDR 228.8 trillion.



source: www.suara.com

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