Jakarta, The Indonesia Post – The Minister of Finance (Menkeu) Sri Mulyani said that the realization of state revenue in January 2023 which increased by 48.1 percent compared to the same period in 2022 (year-on-year/yoy) reflected overall economic conditions.
“Thus the state revenue in January reached IDR 232.2 trillion or 9.4 percent of the target of IDR 2,463 trillion,” Sri Mulyani said at a press conference on the 2023 KITA State Budget which was monitored online in Jakarta, Wednesday.
She explained that the increase in state revenue came from an increase in tax revenue by 38.9 percent (yoy) to IDR 186.3 trillion and non-tax state revenue (PNBP) by 103 percent (yoy) to IDR 45.9 trillion.
Tax revenues that have reached 9.2 percent of the APBN target include tax revenues of IDR 162.2 trillion or a growth of 48.6 percent (yoy) and customs and excise revenues of IDR 24.1 trillion or a contraction of 3.4 percent (yoy).
Tax revenues consist of non-oil and gas income tax (PPh) IDR 78.29 trillion or a growth of 28.03 percent (yoy), value added tax (PPN) and sales tax on luxury goods (PPnBM) IDR 74.64 trillion or an increase of 93.86 percent ( land and building tax (PBB) and other taxes of IDR 1.29 trillion or a jump of 118.72 percent (yoy), as well as oil and gas PPh IDR 8.03 trillion or a contraction of 10.09 percent (yoy).
The very good performance of tax revenues was influenced by increased economic activity in December 2022 in line with the Christmas and New Year holidays and the impact of the implementation of the Law on Harmonization of Tax Regulations (UU HPP).
Meanwhile, continued Sri Mulyani, customs and excise revenues slowed down slightly but were on-track due to export tax receipts which decreased 68.1 percent (yoy) to IDR 1.16 trillion. The decline was influenced by the moderate price of crude palm oil (CPO) and the decline in the volume of mineral commodity exports.
However, import duty and excise revenues still showed positive performance with each growing 22.6% (yoy) to IDR 4.09 trillion and 4.9% (yoy) to IDR 18.86 trillion. The increase in import duties was driven by extra efforts, an increase in the dollar exchange rate compared to last year, and import performance which is still growing.
“For excise, the increase is influenced by tariff policies, the overflow effect of paying off tobacco products produced in November 2022, and the effectiveness of supervision,” she added.
On the other hand, said the Minister of Finance, the increase in PNBP mainly came from natural resource (SDA) revenue, separated state property income, and other PNBP.
Realization of PNBP which has reached 10.4 percent of the APBN target includes oil and gas natural resource revenues of Rp. 11.6 trillion, non-oil and gas natural resource revenues of Rp. 14.8 trillion, revenue from state assets separated by Rp. 4.6 trillion, other PNBP of Rp. 14.4 trillion, as well as service agency revenue Public (BLU) IDR 400 billion. (mhn/bbs)
Comment