Minister of Finance Discusses Preliminary Design of 2025 APBN

Minister of Finance Discusses Preliminary Design of 2025 APBN

Minister of Finance Sri Mulyani Indrawati gave a presentation during the Financial System Stability Committee (KSSK) press conference in Jakarta, Tuesday (30/1/2024). (BP/Ant)

JAKARTA, – Initial planning of the 2025 State Revenue and Expenditure Budget (APBN) is starting to be discussed.

The discussion was held with Deputy Minister of Finance Suahasil Nazara and the leadership of echelon I of the Ministry of Finance.

“Yesterday afternoon, the Deputy Minister of Finance and the echelon I leadership had a long discussion regarding a very important topic, namely the Macroeconomic Framework and Fiscal Policy Principles (KEM-PPKF) for 2025,” said Minister of Finance Sri Mulyani Indrawati on her Instagram account. official @smindrawati, as quoted in Jakarta, quoted from the Antara news agency, Tuesday (13/2).

In particular, the Minister of Finance asked that the drafting of the APBN this time be sharpened, so that the APBN is able to answer various structural and fundamental problems. Apart from that, it also answers the hopes of the Indonesian people.

“The APBN will continue to be optimized as a mainstay instrument to answer various development challenges in Indonesia,” said Sri Mulyani.

KEM-PPKF is an official state document which is used as a reference for preparing financial notes and the Draft APBN.

The drafting of the 2025 APBN will be the last during the administration of President Joko Widodo (Jokowi), while the implementation of the 2025 APBN will be carried out by the next government.

As for the KEM-PPKF 2024 (Updated) document, the projected macro assumptions for 2025 are set for economic growth of 5.5-6.0 percent, inflation of 1.5-3.5 percent, rupiah exchange rate of IDR 14,900 to IDR 15,300.

Then, the interest rate for 10 Year Government Securities (SBN) is 6.3-7.5 percent, the price of crude oil is 70-90 US dollars per barrel, crude oil lifting is 606-684 thousand barrels per day, and natural gas lifting is 1, 06-1.15 million barrels of oil equivalent per day.

Meanwhile, the macro fiscal posture in 2025 is set for state income at 12.08-12.77 percent of Gross Domestic Product (GDP), state expenditure at 14.21-15.22 percent of GDP, primary balance at 0.07 percent to minus 0.40 percent of GDP , and a deficit of 2.13-2.45 percent of GDP. (Kmb/Balipost)


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