2010 state revenue exceed target

Wednesday, 5 January 2011

The Jakarta Post

The government has announced that the country’s total state revenues last year exceeded their target by 2.1 percent.

The 2010 revised state budget had a target of Rp 990.5 trillion (US$109.9 billion), while the actual realized figure was Rp 1,011.6 trillion.

The Finance Ministry said in a Tuesday press statement that the increase was boosted by non-tax revenue in 2010 of Rp 267.5 trillion, which exceeded their previous target of Rp 247.2 trillion by 8.2 percent.

Total revenue from taxes exceeded the target of Rp 743.3 trillion by 0.1 percent, to Rp 744.1 trillion. “The tax sector performed well; nearly all tax revenues exceeded targets, except those from the non-oil-and-gas income tax [PPh] and the value-added tax [PPN],” head of the state budget policy center at the Finance Ministry’s Fiscal Policy Agency (BKF), Askolani, said