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Sri Mulyani: Govt Disbursed Rp39tn for Energy Subsidy

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18 May 2018 07:10 WIB

Indonesian Finance Minister Sri Mulyani Indrawati gestures during a panel discussion in Nairobi, Kenya January 25, 2018. REUTERS/Thomas Mukoya

TEMPO.CO, Jakarta - Finance Minister Sri Mulyani said that the government has disbursed Rp39.2 trillion for electricity and fuel oil subsidy, or about 23 percent of ministries/agencies Rp165.1 trillion expenditure budget.

Of the disbursed amount, Rp26 trillion had been paid to Pertamina.

Sri Mulyani said the government is consistent in paying energy subsidies to support PLN and Pertamina's finances as SOEs that supply energy for the public. 

Read: Sri Mulyani Tax Revenue at Rp383.8tn per-April

The Finance Ministry's director general of budgetary Askolani said that the government has also paid the debts owed to Pertamina and PLN, amounting to Rp22 trillion and Rp7.3 trillion, respectively. The remaining subsidy debts will be paid in stages until 2019.

As of April, Sri Mulyani said that state spending has amounted to Rp582.9 trillion or 26.3 percent of the Rp2,220 trillion budget. In the first four months of 2018, state revenues had amounted to Rp527.8 trillion, or 27.9 percent of the Rp1,894 trillion year-end target.

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