Investor Presentaiton

2021 Budget Financing Macroeconomic Assumption for Economic Growth Inflation Exchange Rate 10 years T-Bills Rate 5% 3% 2021 Budget 14.600 IDR/USD ICP US$ 45 7.29% per barrel Oil Lifting 705 Gas Lifting 1.007 thousand barrel of thousand barrel/day oil equivalent/day 2020 2021 Account IDR Trillion Perpres Supporting national APBN Growth 72/2020 Revenue 1,699.9 1,743.6 2.6% • Domestic Revenue 1,698.6 1,742.7 2.6% STATE REVENUE POLICY providing tax incentives selectively and prudently calculated Cutting the red tape to accelerate national economic recovery economic recovery by 1. Tax Revenue 1,404.5 1,444.5 2.8% • Improving public services to optimize non-tax revenue 2. Non Tax Revenue 294.1 298.2 1.4% EXPENDITURE FOCUS Grants 1.3 0.9 -30.8% Expenditure 2,739.2 2,750.0 0.4% Handling COVID-19 and supporting health programs Central Government Expenditure 1,975.2 1,954.5 -1.0% • 1. Ministries Expenditure 836.4 1,032.0 23.4% 2. Non Ministries Expenditure 1,138.9 922.6 -19.0% Continuing social safety net to lay a solid foundation of inclusive economic recovery Expanding access to capital for MSMEs and cooperatives through interest subsidy • Transfer to Region and Village Fund 763.9 795.5 4.1% Supporting programs activities for impacted sectors (e.g. Tourism) 1. Transfer to Region 692.7 723.5 4.4% 2. Village Funds 71.2 72.0 1.1% • Primary Balance Surplus/(Deficit) % to GDP (700.4) (633.1) -9.6% (1,039.2) (1,006.4) -3.2% (6.3) (5.7) • Financing 1,039.2 1,006.4 -3.2% FINANCING STRATEGY Supporting the restructuring Sovereign Wealth Fund (SWF) • Increasing access to financing for MSMEs and housing for low-income household Continuing to support higher education,, research and cultural activities of SOES, PSA, Source: Ministry of Finance 80

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