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🇮🇩 Indonesia /Economy & Trade

Indonesia's parliament and government agree to revise 2027 budget structure

From CNN Indonesia · () Indonesian

Translated from Indonesian and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Approved/passed
  • Indonesia's parliament budget committee and the government agreed to raise the 2027 state revenue and expenditure targets by about Rp9.1 trillion each.
  • The revised revenue target is Rp3,435.1 trillion, while planned spending rises to Rp4,106.3 trillion.
  • The government and parliament retained the 2027 budget deficit target at 2.40% of gross domestic product.

Indonesia's parliament budget committee and the government have agreed to increase both the revenue and spending targets in the draft 2027 state budget by about Rp9.1 trillion.

Budget committee chairman Said Abdullah said the revisions followed discussions with the Finance Ministry, the Ministry of National Development Planning and Bank Indonesia. The agreed revenue and grants target rises to Rp3,435.1 trillion.

The increase mainly comes from tax revenue and non-tax state revenue. Tax receipts rise by Rp4 trillion to Rp2,912 trillion. Within that figure, tax revenue increases by Rp2 trillion to Rp2,593.4 trillion, while customs and excise receipts rise by Rp2 trillion to Rp318.6 trillion. Non-tax state revenue increases by Rp5.1 trillion to Rp522.5 trillion. Grant revenue remains unchanged at Rp0.7 trillion.

Based on the budget committee's meeting with the Finance Ministry, Bappenas and Bank Indonesia, the state revenue and grants target is now Rp3,426 trillion, or up Rp9.1 trillion to Rp3,435.1 trillion.

· Said AbdullahThe parliament budget committee chairman described the agreed revenue revision.

Planned state spending rises from Rp4,097.2 trillion to Rp4,106.3 trillion. Central government spending accounts for the increase, rising by Rp9.1 trillion to Rp3,371.3 trillion. Spending by ministries and agencies increases from Rp1,504.7 trillion to Rp1,513.8 trillion.

Non-ministry and agency spending remains at Rp1,857.5 trillion, while transfers to regions remain at Rp735 trillion. Despite the changes to revenue and expenditure, the committee and government kept the draft budget deficit target at 2.40% of GDP.

Grant revenue has not changed and remains at Rp0.7 trillion.

· Said AbdullahHe said the grants target was unchanged.
About this summary

Originally published by CNN Indonesia in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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