TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

State budget deficit reaches Rp 101 trillion in April

The total state revenue collected up to late April reached 530.7 percent or 0.5 percent year-on-year (yoy) growth, while spending reached 632.8 trillion or 8.4 percent yoy growth.

Bambang Nurbianto (The Jakarta Post)
Jakarta
Fri, May 17, 2019

Share This Article

Change Size

State budget deficit reaches Rp 101 trillion in April Finance Minister Sri Mulyani Indrawati. (AFP/Zach Gibson)

T

he Finance Ministry announced that the state budget deficit had reached Rp 101 trillion (US$6.97 billion) as of April this year, compared to the deficit of Rp 54.9 trillion in the corresponding period, last year.

The total state revenue collected up to late April reached 530.7 percent or 0.5 percent year-on-year (yoy) growth, while spending reached 632.8 trillion or 8.4 percent yoy growth.

State revenue collection up to April was equivalent to 24.5 percent of the Rp 2.17 quadrillion whole year target as stipulated in the state budget, while spending was equivalent to 25.7 percent of the projected whole year spending of Rp 2.46 quadrillion.

Meanwhile, budget financing reached Rp 142.8 trillion, 48.6 percent of the whole year target of Rp 296 trillion. Meanwhile, debt financing had reached Rp 145 trillion or 40.4 percent of the whole year target of Rp 359.25 trillion.

Finance Minister Sri Mulyani Indrawati said the state budget implementation up to April was still safe, while the government was on alert over the uncertain global economic situation, which was a threat to the Indonesian economy.

 “From all indications, we have to be alert. But state revenue is still growing, spending has been maintained and the deficit is still controllable,” said Sri Mulyani in Jakarta on Thursday night as reported by kontan.co.id. (bbn)

 

{

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.