Investor Presentaiton
State Budget is Crucial to Contain the Impact Of COVID-19
State Budget plays critical role as countercyclical instrument in avoiding the deeper economic
contraction
Indonesia Economic Growth (%, yoy)
2017
2018 2019
5.1
5.2
5.0
Q1 2020
State Budget Continue To Strive in 2021
State Budget
2021
5.0
State Budget
2020
Realization
(interim)
IDR2,589.9 T
2021 Allocation
(as of Feb 22
Growth
(%)
2021)
IDR2,750.0 T
6.2
2.97
Covid-19
Pandemic
National Economic Recovery
Program (PEN)
IDR579.8 T
IDR699.43 T
20.6
Health
IDR63.5 T
Q4 2020
-2.19
Social Protection
IDR 220.4 T
IDR176.3 T
IDR157.4 T
177.6
-28.6
MSMEs Support &
Corooration Financing
IDR 173.2 T
IDR186.8 T
7.9
Q2 2020
-5.32
Q3 2020
-3.49
Business Incentives
Priority Program
IDR 56.1 T
IDR 66.6 T
IDR53.9 T
IDR125.1 T
-3.9
87.8
Deficit (% to GDP)
6.09%
5.70%
State Budget & PEN
Through the widening of the 2020 state budget deficit to 6.1% of GDP, the
realization of state expenditure of IDR 2,589.9 trillion, including the
realization of PEN, IDR 579.8 trillion government role prevent a deeper
economic contraction due to the 2020 pandemic.
In 2021, state budget and fiscal policy will continue its role as a shrive to
support national economic recovery
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