Investor Presentaiton
UP BUDGET OUTTURN REMAINED STRONG IN THE 1st HALF 2023
Remained robust economic activities and gained from the tax reforms have sustained revenue collection amid
moderating commodity prices
2022
2023
Positive Growth in Main Sector Tax Revenue (YoY)
Account
(IDRtn)
1st
Perpres
98/2022
1st Semester
Realization
% to
Budget
Growth Budget Semester
(%)
Realization
% to
Growth
Budget (%)
Share
■1st Semester 2023 1st Semester 2022
A. Revenue
2,266.2
1,336.1
59.0
50.6
2,463.0 1,407.9
57.2
5.4
27.4%
Manufacturing
8,0%
51,6%
I. Tax Revenue
1,784.0
1,049.4
58.8
54.3
2,021.2
1,105.6 54.7
5.4
(DG Tax & Custom-Excise)
1. Tax
1,485.0
882.6
59.4
58.2
1,718.0
970.2
56.5
9.9
23.1%
Trade
7,3%
73,2%
2. Custom & Excise
299.0
166.8
55.8
36.5
303.2
135.4
44.7 (18.8)
II. Non-Tax Revenue
481.6
286.4
59.5
38.4
414.4
302.1
68.5
5.5
12.7%
B. Expenditure
3,106.4
1,244.9
40.1
6.4
3,061.2
1,255.7
41.0
0.9
51,7%
Mining
294,9%
I. Central Government
2,301.6
877.2
38.1
10.2
2,246.5
891.6
39.7
1.6
Financial Services
12.5%
27,5%
& Insurance
16,0%
1. Line Ministries Spending
945.8
393.8
41.6
(12.4)
1,000.8
417.2
41.7
5.9
2. Non-Line Ministries
1,355.9
483.4
35.6
39.4 1,245.6
474.4
38.1 (1.9)
4.3%
Transportation &
43,5%
Warehouse
16,9%
II. Regional Transfer & Village
Funds
804.8
367.7
45.7
(1.7) 814.7
364.1
44.7 (1.0)
Construction &
4.0%
14,4%
C. Primary Balance
Real Estate
14,1%
(434.4)
279.0
(64.2)
D. Surplus (Deficit)
(840.2)
91.2
340.0
(10.9) 132.2
(156.8)
(598.2)
368.2
% to GDP
(4.50)
0.47
E. Financing
840.2
158.6
18.9
(62.3)
(2.84)
598.2
(234.9) 32.0
152.3 (25.5) 66.9
0.71
Information &
3.3% Telecommunicatio
14,9%
14,0%
n
135.1
22.6 (14.8)
3.1%
28,6%
Business Services
20,0%
Source: Ministry of FinanceView entire presentation