Sri Mulyani Reveals Good News About State Finances

Wednesday, 22 December 2021 – 01:29 GMT+7
Sri Mulyani / Credit: Ricardo, JPNN

jpnn.com, JAKARTA - Finance Minister Sri Mulyani shared the good news about the country's finances and economic development on Tuesday (21/12).

She made at least three points. First, the state budget deficit fell to Rp 611 trillion from Rp 885.1 trillion year-on-year (yoy) in November.

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"The deficit decreased by 31 percent compared to last year," said Sri in a press conference, Tuesday (21/12).

Meanwhile, the ratio of the state budget deficit to GDP reached 3.63 percent.

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"This is an improvement in the health of the state budget that we maintain," she said.

Second, the 2021 state revenues are estimated to exceed the target of Rp 1,743.6 trillion.

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According to Sri, the state revenues from January to November 2021 have reached Rp 1,699.4 trillion or 97.5 percent of the target.

"We will experience a positive in terms of state revenues," said Sri.

Sri Mulyani said the state revenues grew by 19.4 percent yoy. Last year, the state revenues decreased by 15.1 percent yoy.

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"This is a very remarkable recovery because they jumped more than 25 percent," she said.

Third, investments from January to November 2021 reached Rp 116.3 trillion, a jump by 278.5 percent yoy.

"They have reached 56 percent of the target of Rp 184.5 trillion," said Sri.

According to Sri, there will still be some large investments at the end of December. (antara/mcr20/jpnn)

This news has been broadcast on JPNN.com with the title: 3 Kabar Baik dari Sri Mulyani Hari Ini, Angin Surga Banget