Indonesia ranks Rp1,177.6 trillion in August 2022, here are the details

LIMAPAGI – Finance Minister Sri Mulyani Indrawati reported that government revenues reached 1,177.6 trillion rupees by the end of August 2022.

Also read: Jokowi will generate government revenues of Rs.1,840.7 trillion in 2022

That figure corresponds to 67.5 percent of the state budget (APBN) target of IDR 1,743.6 trillion.

One person famously named Ani stated that income was up 13.9 percent year over year (yoy), which was 1,034.3 trillion rupees.

In 2022, government revenue fell by 13.1 percent in this period compared to August 2022.

‚ÄúSales (August 2022) increased by 13.9 percent compared to the previous year. In 2022 it shrank by 13.1 percent (yoy), “Ani said at a press conference on our national budget on Thursday, September 23, 2022.

According to him, the government revenue consists of tax receipts of 741.3 trillion rupees, customs and excise tax receipts of 158 trillion rupees, and non-tax government revenue (PNBP) of 277.7 trillion rupees.

In detail, the tax revenue of Rs 741.3 trillion represents 60.3 percent of the APBN target of Rs 1,229.6 trillion, an increase of 9.5 percent (yoy) compared to the realization of the same period last year of 676.9 trillion Rupees.

Customs and excise tax revenues of IDR 158 trillion will then correspond to 73.5 percent of the APBN target of IDR 215 trillion and can grow by 30.4 percent from IDR 121.2 trillion in August 2022.

The rise in customs revenue was driven by the growth in import duties, which rose 111.8 percent due to the upward trend in national import performance and was supported by a 17.7 percent increase in excise duties.

Also read: Kudu’s customs and excise taxes have 148,000 illegal cigarettes in Jepara. not delivered

“The excise tax growth was driven by the tobacco excise duties (CHT), the spillover effect of the repayment of the excise area credit in late 2022 in early 2022, and the effectiveness of tariff adjustment policies and monitoring of Operation Bombardment,” he said.

It should be noted that the operation to combat illegal cigarettes is an action aimed at combating the spread of illegal cigarettes by customs and excise offices in different regions at the same time.

He went on to say that export tariffs rose 1,056.72 percent due to an increase in exports of copper raw materials and the high price of palm oil products.

Meanwhile, the PNBP stood at 277.7 trillion rupees, or 93.1 percent of the target of 298.2 trillion rupees, or grew 19.6 percent compared to last August’s 232.2 trillion rupees, as of August 2022.

Sri Mulyani said natural resource revenues (SDA) of oil and gas (oil and gas) increased 8.7 percent, or 72.7 percent of the APBN target over the past nine months due to the increase in ICP.

Meanwhile, natural resource revenues excluding oil and gas rose 72.7 percent, or 98.4 percent of the APBN target, due to increases in commodity prices and production volumes such as coal, nickel, gold, silver, copper and tin.

“The segregated state assets reached 110.4 percent of the APBN target due to the decline in the financial performance of state-owned companies in fiscal year 2022 as a result of the pandemic and the failure to pay in the remaining surplus of Bank Indonesia (BI),” he said.

Also read: Indef predicts that the VAT hike will lower government revenues

On the flip side, Ani stated that other PNBPs rose 37.5 percent, or 83.1 percent of target, due to increased sales of coal mining products, crude oil revenues (DMO), and ministries / institutions (K / L) PNBP services.

Ultimately, BLU revenues increased 94.9 percent, or 127.5 percent of target, due to an increase in revenues from managing oil palm plantation funds, education services, and telecommunications services, he concluded.

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