State Revenue Reaches IDR 1,000.5 Trillion As of April, the Government is Wary of US Crisis – The Ministry of Finance (Kemenkeu) noted that realized state revenue has reached IDR 1,000.5 trillion by April 2023, or 40.6 percent of the APBN target with growth of 17.3 percent (yoy).

“The progress of the State Budget up to April 2023 is still well maintained,” said Oza Olavia, Expert Staff to the Minister of Finance for State Revenue, at a meeting discussing the West Nusa Tenggara Regional Asset & Liability Committee (ALCO), in Mataram, on Tuesday (30/30/2023). 5/2023).

Meanwhile, state spending has reached IDR 765.8 trillion or 25.0 percent of the state budget as of April 2023. This figure has grown by 2.0 percent (yoy).

Thus, there is a state budget surplus of IDR 234.7 trillion or around 1.12 percent of the Gross Domestic Product (GDP).

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Oza explained that state revenue comes from taxes and non-tax activities. Tax revenue comes from the tax itself, while non-tax revenue comes from customs and excise.

As of April, tax revenues reached IDR 688.15 trillion, consisting of non-oil and gas income tax (PPh) of IDR 410.92 trillion, value added tax (PPn) and value added tax on luxury goods (PPnBM) of IDR 239.98 trillion.

Apart from that, there was also revenue from land and building tax (PBB) and other taxes amounting to IDR 4.92 trillion, as well as oil and gas (oil and gas) income tax amounting to IDR 32.33 trillion.

“Tax revenues are still experiencing positive growth, although it has slowed down compared to the previous year due to a decrease in the prices of the majority of the main commodities and a decrease in export and import,” he said.

Meanwhile, for revenue from customs and excise, Oza explained that the value reached IDR 94.50 trillion or around 31.17 percent of the 2023 State Budget target. This figure has decreased by 12.81 percent (yoy).

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He added that non-tax state revenue (PNBP) reached IDR 217.8 trillion as of April 2023, or experienced a growth of 22.8 percent (yoy). This PNBP achievement has reached 49.3 percent of the APBN target.

Source: – Berita Terbaru Bisnis, Ekonomi, Investasi Indonesia by

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