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PC-PEN revenue reached Rp168.3 trillion, according to the Finance Minister

  Thursday's news conference for the KiTA Government Budget was held by Minister Of finance Sri Mulyani Indrawati.

Jakarta (ANTARA) - As of August 5, 2022, the budget money realization for the COVID-19 Management for National Economic Recovery Plan (PC-PEN) has attained Rp168.3 trillion, and 36.9 percent of the Rp455.62 trillion annual maximum.

The details were disclosed on Thursday at the KiTA government's budget news conference in Jakarta by Minister Of finance Sri Mulyani Indrawati.

We observe that implementation of PC-PEN is currently on hold since the economy has been ongoing and the management of COVID-19 is improving, she added.

The realization comprises Rp32.3 trillion in healthcare spending, representing 26.3 percent of maximum of Rp122.54 trillion, which was utilized to settle Rp20.9 trillion in patient claims and Rp32.3 trillion in incentives for health employees (Rp2.2 trillion).

Then, according to Indrawati, Rp 1.2 trillion flowed to health tax breaks and Rp 5.6 trillion went toward support for the regional budget (APBD), particularly Village Funds, for managing COVID-19.

According to the minister, the PC-PEN realization comprises Rp77.8 trillion in community protection, or 50.2 percent of the maximum of Rp154.76 trillion.

In addition, direct cash aid (BLT) of Rp7.2 trillion for edible oil buying was given to 21.8 million people who receive, Rp8.1 trillion was given to 2.3 million Pre-Employment Card program participants, Rp16.1 trillion in Village BLTs was given to 7.6 million families, and Rp1.3 trillion in cash assistance was given to street food vendors, stalls, and fishermens (BT-PKLWN) by the authorities to 683 thousand people who receive and indeed the national guard to 1.4 million receivers.

It signifies that we have contributed to the neighborhood or provided social assistance in the course of the calendar year, which is fairly excellent, she remarked.

According to the minister, the PC-PEN revelation also includes expenditures for economic recovery programs, such as employment initiatives (Rp10.3 trillion), tourism but also entrepreneurial ecosystem training programmes (Rp2.7 trillion), and also the food security policy (Rp7.8 trillion), totaling Rp58.3 trillion, and 32.7 percent of the Rp178.32 trillion ceiling.

It also includes investment on industrial zones (Rp0.8 trillion), information and communication technologies (Rp5.3 trillion), tax breaks (Rp9.9 trillion), infrastructure plus connectivity (Rp6.7 trillion), and MSME assistance with in form of interest subsidy and guaranty fees (IJP) (Rp14.9 trillion).

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