Speaking at the Ministry of Finance on Thursday (13/3/25,) Indonesia’s Finance Minister, Sri Mulyani Indrawati reported the realization of the state budget (APBN) as of February 2025, according to reporting from Tempo.
By the end of the month, the APBN recorded a deficit of IDR 1.3 trillion, equivalent to 0.13 percent of GDP. Sri Mulyani said the 2025 APBN was planned with a IDR 612.2 trillion deficit, so this figure remains within the target.
Tempo is reporting that this year’s APBN deficit is targeted at 2.53 percent of GDP. The deficit occurs when expenditure is higher than revenue. In the 2025 APBN, the government targeted state expenditure at IDR 3,621.3 trillion and state revenue at IDR 3,005.1 trillion. Thus, the budget deficit is limited to IDR 616.3 trillion.
Sri Mulyani presented the realization of state expenditure until the end of February, amounting to IDR 348.1 trillion.
“Until the end of February, we still see state expenditure of IDR 348.1 trillion. This is 9.6 percent of the budgeted expenditure for this year,” she said.
Meanwhile, state revenue until the end of February reached IDR 316.9 trillion. Tax revenue reached IDR 240.4 trillion, consisting of IDR 187.8 trillion in taxes and IDR 52.6 trillion in customs and excise duties. Meanwhile, non-tax state revenue (PNBP) amounted to IDR 76.4 trillion.
Tax revenue has become a concern, especially after issues arose from the implementation of the Coretax system, says Tempo.
Sri Mulyani reported that until the end of February, tax revenue reached IDR 187.8 trillion. “Or 8.6 percent below the target,” she said.
The APBN KiTa (Performance and Facts) data is usually published by the Ministry of Finance in the second or third week of the following month.
Source: Tempo
