KONTAN.CO.ID - JAKARTA. The Ministry of Finance on Tuesday (19/3) reported a 2019 deficit of the state budget (APBN) per end of February of Rp 54.61 trillion. The deficit is equivalent to 0.34% of gross domestic product (GDP) The realization of the budget deficit is higher than the budget deficit of the same period in 2018 amounting to Rp 48.31 trillion or 0.33% of GDP. Total state revenues and grants in February 2019 reached Rp 217.21 trillion or grew 8.21% on an annual basis. Realization of this state income is equivalent to 10.03% of the revenue target in the APBN which amounts to Rp 2,165.11 trillion.
Indonesia's budget deficit reached 0.34% of GDP in February 2019
KONTAN.CO.ID - JAKARTA. The Ministry of Finance on Tuesday (19/3) reported a 2019 deficit of the state budget (APBN) per end of February of Rp 54.61 trillion. The deficit is equivalent to 0.34% of gross domestic product (GDP) The realization of the budget deficit is higher than the budget deficit of the same period in 2018 amounting to Rp 48.31 trillion or 0.33% of GDP. Total state revenues and grants in February 2019 reached Rp 217.21 trillion or grew 8.21% on an annual basis. Realization of this state income is equivalent to 10.03% of the revenue target in the APBN which amounts to Rp 2,165.11 trillion.