The budget returned by the Ministry to Purbaya was swollen to Rp. 4.5 trillion

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Jakarta, hitclubapk3 Indonesia

Minister of Finance
Purbaya Yudhi Sadewa
revealed around IDR 4.5 trillion
budget
The state ministry/institution (K/L) returned it because it could not be spent until the end of the year.
According to Purbaya, the large amount of budget that has not been absorbed means that the APBN deficit remains maintained below 3 percent even though tax revenues are estimated to be below the target of IDR 2,189.3 trillion.
“If I’m not mistaken, there are still those who return the budget to us. There are some who can’t spend. We’ll see, it should still be safely below 3 percent (deficit),” said Purbaya when met at the State Palace, Tuesday (16/12).
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He stated that previously the expenditure budget that was not absorbed by K/L and returned to the Ministry of Finance amounted to IDR 3.5 trillion.However, the latest data has reached IDR 4.5 trillion and is believed to continue to increase.
“There are only other things that have been returned that we haven’t recapitulated, we haven’t added up the total,” he explained.
According to him, from data from the last few years, there has never been a K/L whose expenditure absorption reached 100 percent.Therefore, he is confident that the deficit will be maintained even if revenues are not optimal.
“Look, every year no one is ever 100 percent absorbed. We assume that initially 99 percent is absorbed, and then later someone will return it. So maybe it will be below that (the deficit),” he explained.
This year, the government has set a maximum APBN target of 2.78 percent in the latest outlook.This is due to the estimated tax revenue experienced
shortfall
this year.
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