Investor Presentaiton
Budget Outturn Up To March 2023 Showed Positive Sign
Economic Activities and the HPP Law Drive Revenue Despite Commodity Price Normalization
Account
(IDRtn)
2022
2023
Positive Growth in Main Sector Tax Revenue
Real.
as of
31 March
% to
Revised
Budget
Real.
Share
Budget
as of
Growth (%)
% to
Budget
Growth
(%)
31 March
28.3%
Manufacturing
Jan-Mar 2023 Jan-Mar 2022
32.7%
44.1%
A. Revenue
501.8
22.1
32.3
2,463.0
647.2
26.3
29.0
17.8%
22.7%
Trade
I. Tax Revenue
402.4
22.6
38.6
2,021.2
504.5
25.0
25.4
54.9%
(DG Tax & Custom-Excise)
1. Tax
323.1
21.8
41.6
1,718.0 432.2
25.2
33.8
10.8%
2. Custom & Excise
79.3
26.5
27.3
303.2 72.2
23.8 (8.9)
Financial
Services
38.1%
13.9%
II. Non-Tax Revenue
99.2
20.6
12.0
414.4 142.7
32.3
43.7
113.6
11.1%
Mining
B. Expenditure
490.7
15.8
(6.2)
3,061.2
518.7
16.9
5.7
%50.8
%
I. Central Government
314.2
13.7
(10.2)
2,246.5 347.3
15.5
10.5
4.5%
1. Line Ministries Spending
150.0
15.9
(25.6)
1,000.8 166.9
16.7
11.3
Construction &
Real Estate
25.8%
10.0%
2. Non-Line Ministries
164.2
12.1
10.6
1,245.6 180.3
14.5
9.8
54.3%
4.4%
Transportation
II. Regional Transfer & Village
Funds
3.0%
176.5
21.9
2.0
814.7 171.4
21.0
(2.9)
C. Primary Balance
95.5
(22.0)
246.3
(156.8)
228.8
D. Surplus (Deficit)
11.1
(1.3)
107.7
(145.9) 139.6
(598.2) 128.5 (21.5) 1,058.4
3.6%
Busines
Services
46.8%
16.3%
% to GDP
0.06
(2.84) 0.61
3.0%
E. Financing
139.8
Information & 9.1%
Communication
16.6
(58.0)
598.2
203.7
34.1
45.8
32.7%
86
Source: Ministry of FinanceView entire presentation