The Indonesian Government is seeking to optimize the contribution of non-tax state revenues (PNBP) to the 2022 state budget (APBN) through a better management system, Finance Minister Sri Mulyani Indrawati has said.
“The role of the non-tax state budget as a sectoral policy instrument through a regulatory function will also be pushed, particularly to support economic activities, investment, and public services,” she said at the 6th House Plenary Session during the 2021-2022 session period in Jakarta on Thursday.
State income in the 2022 state budget, derived from non-tax state revenues, will reach Rp335.6 trillion, Indrawati projected.
In addition to non-tax state revenues, state income will also come from tax receipts, which are projected to reach Rp1,510 trillion, so overall state income in 2022 will reach Rp1,846.1 trillion, she said.
The government has taken into account various economic factors to set the target of state revenues for 2022, she informed.
“Among the factors are sectoral conditions, investment climate, business competitiveness in gauging taxation basis, and public capacity in fulfilling taxation obligation,” she said.
The minister further said that state expenditure in the 2022 state budget is targeted to reach Rp2,714,2 trillion, comprising central government spending of Rp1,944.5 trillion and transfers to regions and village funds (TKDD) of Rp769.6 trillion.
The budget spending will be allocated for COVID-19 pandemic handling and economic recovery, which will be implemented simultaneously with structural reform efforts, Indrawati informed.
Therefore, the minister added, the government will continue various programs to support pandemic handling and economic recovery efforts to stimulate the economy and achieve the target of priority national programs.
Source: Antara News