Realization of economic recovery budget reaches Rp172.35 trillion

Realization of economic recovery budget reaches Rp172.35 trillion

Coordinating Minister for Economic Affairs Airlangga Hartarto. ANTARA/HO-Coordinating Ministry for Economic Affairs/pri.

Jakarta (ANTARA) - Realization of the national economic recovery budget (PEN), as of May 11, 2021, had reached Rp172.35 trillion, Coordinating Minister for Economic Affairs Airlangga Hartarto stated.

Following a limited ministerial cabinet meeting at the Presidential Palace Complex, here on Monday, Hartarto notified the press that the realization had increased by Rp49.01 trillion from that recorded in the first quarter of 2021, or late March this year.

The total state budget allocated for the PEN program reaches Rp699.43 trillion this year.

"It is already 24 percent of the (total) budget ceiling this year," he remarked.

The spurt in budget disbursement was recorded in several fields, specifically health, with a realization of Rp24.9 trillion, or 14.2 percent of the total ceiling of Rp175.22 trillion.

For social protection programs, Rp56.79 trillion was realized, or 37.8 percent of the total ceiling of Rp150.28 trillion, while priority programs reached Rp21.8 trillion, or 17.6 percent of the total ceiling of Rp123.67 trillion.

Budget realization for MSME and corporate supports was recorded at Rp42.03 trillion, or 21.7 percent of the total ceiling of Rp193.5 trillion, while budget realization for business incentives was clocked at Rp26.83 trillion, or 47.3 percent of the total ceiling of Rp56.72 trillion.

Speaking in connection with expediting the distribution of social protection, the minister highlighted that budget disbursement for the family hope program (PKH) had reached Rp13.8 trillion, or 48.19 percent of the total budget of Rp28.71 trillion.

"Budget disbursal for the basic food card program reached 38.2 percent, or Rp17.24 trillion. Furthermore, cash social assistance reached 98.39 percent or Rp11.8 trillion, while direct village cash assistance was clocked at 17.41 percent, or Rp2.51 trillion," he noted.

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