THE INDONESIA’S Ministry of Finance noted that the realization of state spending in the first quarter of 2022 reached IDR484.83 trillion. The realization consisted of ministry/institutional expenditures of IDR151.49 trillion, non-ministerial/institutional expenditures of IDR162.68 trillion, as well as expenditures for transfers to regions and village funds (TKDD) of IDR176.46 trillion.
“The realization of the APBN up to the first quarter of 2022 shows a fairly good performance. Expenditures have reached 18.1% and the realization of the distribution of TKDD has reached 22.9 percent of the 2022 APBN target,” said Director General of Treasury of the Ministry of Finance Hadiyanto in the National Coordination Meeting on Budget Implementation for 2022 in Jakarta, Tuesday (4/12).
This good budget performance, he said, is expected to be maintained and improved through consistent improvement in the quality of spending and an equitable pattern of spending realization, so that state spending can become an effective lever for the national economy.
To accelerate the realization of spending, ministries/agencies need to immediately unblock budget allocations so that spending can be strategic and immediately implemented to bring benefits to the Indonesian people early.
“In addition, the acceleration of the completion of contractual activities through payments to the working party also needs to be encouraged to prevent idle money and idle assets that can delay the utilization of development results for the community,” he said.
Hadiyanto emphasized that in 2022, the state budget will remain expansive to anticipate the COVID-19 pandemic, so it must be utilized optimally to support economic recovery.
The state budget is expected to be an instrument to protect the public as well as a shock absorber due to shocks caused by health problems, rising commodity prices due to geopolitics, and an uneven recovery.
Meanwhile, state spending in 2022 is allocated in the amount of IDR2,714.2 trillion, which consists of central government spending of IDR1,944.6 trillion and TKDD of IDR769.6 trillion.
“This year is a golden moment for national economic recovery. Therefore, the implementation of spending on the allocation of funds should really be used for the achievement of national strategic programs, especially the continuation of the PC-PEN program which includes aspects of health, community protection, strengthening Micro Small and Medium Enterprises (MSMEs), and economic recovery,” he concluded. [antaranews/photo special]