Investor Presentaiton
At The First Semester, State Budget Supports Pandemic Handling and
Economic Recovery
In line with economic activity improvement and government support in Covid-19 pandemic handling
and economic recovery
2020
2021
Account
(IDR T)
% of
% of
Budget Realized²
YoY (%)
Budget Realized4
YoY (%)
Budget³
Budget
Revenue
1,647.8
812.6
47.8
(9.7)
1,743.6
886.9
50.9
9.1
Tax Revenue
1,072.1
531.8
44.4
(12.0)
1,229.6
557.8
45.4
4.9
Customs & Excise
213.0
93.2
45.3
8.8
215.0
122.2
56.9
31.1
Non Tax Revenue
343.8
185.7
63.1
(11.2)
298.2
206.9
69.4
11.4
Expenditure
2,595.5
1,069.7
39.1
3.4
2,750.0 1,170.1
42.5
9.4
Central Government Expenditure
1,833.0
668.8
33.9
6.0
1,954.5
796.3
40.7
19.1
Regional Transfer & Village Funds
762.5
400.9
52.5
(0.7)
795.5
373.9
47.0
(6.8)
Primary Balance
(633.6) (99.6)
(633.1) (116.3)
Surplus (Deficit)
(947.7) (257.2)
(1,006.4) (283.2)
% to GDP
(6.14)
(1.67)
(5.70)
(1.72)
Financing
1,193.3
416.2
40.0
136.0
1,006.4
419.2
41.7
0.7
Budget Surplus (Deficit)
245.6
159.0
135.9
(1) LKPP Audited 2020, (2) As of First Half 2020, (3)% to Presidential Regulation 72/2020, (4) As of First Half 2021
Revenue
Tax Revenue grew positively in
line with improving economic
activity and international
trade.
Non-tax revenue increased in
line with the upward trend in
commodity prices, especially
oil, minerals, coal, and CPO.
Fiscal incentives are optimized
for the handling of the Covid-
19 pandemic and support for
the business.
Expenditures
Government spending is
accelerated to support Covid-
19 handling and national
economic recovery at the
central and regional levels.
The 2021 APBN Law provides
flexibility for the management
of state expenditures through
refocusing and reallocating
the budget.
Financing
The Budget Deficit and
Financing is in line with the
countercyclical policy
implemented in the first
semester.
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