Inflation Control and Financial Facilities Strategy
State Budget 2021 Comprehensively Designed
To Support The Acceleration of National Economic Recovery And Anticipate An
Economic Slowdown Due To The Covid-19 Pandemic
State Revenue: IDR 1,743.6 trillion
• Supporting national
economic recovery by
providing tax incentives
selectively and
prudently calculated
Budget Deficit
• Cutting the red
tape to accelerate
national economic
recovery
•Improving public
services to
optimize non-tax
2020 Pres
Reg.
2021
2015
2016
2017
2018
2019
72/2020
Budget
ว
00
revenue
-298.5
142.5
-308.3
-125.6
-341
-124.4
-269.4
-11.5
Expenditure: IDR 2,750.0 trillion
•Handling
COVID-19 and
supporting
health
programs
Financing: IDR
programs
• Continuing social •Expanding access to Supporting
safety net to lay a capital for MSMEs
solid foundation of and cooperatives
inclusive economic through interest
recovery
• Supporting the
restructuring of
SOES, PSA,
Sovereign Wealth
Fund (SWF)
1,006.4 trillion
subsidy
-200
-400
-2.49
-2.59
-2.51
activities for
-600
impacted
sectors (e.g.
Tourism)
-800
-348.7
-1.82
-2.20
-1,039.20
-700.4
-1,006.40
-633.1
-01
-02
-03
-04
-05
• Increasing access
to financing for
MSMEs and housing
for low-income
household
• Continuing to
support higher
-1000
education,,
-06
-5.70
-6.34
-1200
-07
research and
cultural activities
Deficit (Rp Trillion)
I Primary Balance (Rp Trillion)
% Deficit to GDP (RHS)
Source: Ministry of FinanceView entire presentation