Indonesian Government to Allocate State Budget of IDR 2,714 trillion for 2022

Nusantara Pol - Indonesian Minister of Finance, Sri Mulyani Indrawati said that the government will allocate a budget of Rp2,714 trillion ($190 billion) for central and regional spending in 2022. 

The statement was conveyed by the minister after attending the Plenary Cabinet Session which was led by the President of the Republic of Indonesia Joko Widodo (Jokowi), at the Presidential Office, Jakarta, Monday (17/11/2021).

"Next year, we will spend IDR 2,714.2 trillion. The central government's expenditure will reach IDR 1,944.5 trillion, while the regional government expenditure is IDR 769.6 trillion," said the Minister of Finance.

Minister of Finance Sri Mulyani gave a press statement at the Presidential Office, Jakarta, Monday (17/11/2021). (Photo: Public Relations Secretariat/Agung)

In the near future, Sri Mulyani said that the Budget Implementation List (DIPA) will be submitted to all ministries and agencies. All of the relevant parties are expected to be able to immediately draw up plans for the spending implementation and realize them as soon as 2022 starts.

“Mr. President will deliver the DIPA submission at the end of this month. However, the President has instructed all ministries/agencies to start preparing (immediately) for the implementation of the 2022 State Budget," she added.

For 2022, the President has also asked all of ministries and agencies to reserve a minimum 5% of the budget ceiling.  This move is to anticipate the development of the COVID-19 pandemic situation. 

"Mr. President has instructed all ministries/agencies to provide reserves, so that if a situation like the one we faced with the Delta Variant in last July-August happened again, we don't need to do refocusing which may disrupt the implementation of the budget," she concluded.