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BI surplus deposit and SOE dividends to boost non-tax state revenue

30 September 2019 14:32

JAKARTA. Bank Indonesia's (BI) surplus deposit and dividends from state-owned enterprises (SOEs), totalling Rp 72.48 trillion, will boost the performance of non-tax state revenue.

According to the Ministry of Finance's data in August 2019, BI's surplus deposit in May amounted to Rp 30.09 trillion while dividend revenue from SOEs reached Rp 42.39 trillion, totalling Rp 72.48 trillion or 159% of the 2019 State Budget target.

"The amount is 82.3% higher from the 2018 separate state asset revenue of Rp 39.77 trillion," the Ministry of Finance announced as quoted by Bisnis.com, Monday (30/9).

According to the ministry, the five SOEs with the largest dividends from January to August are PT Bank Rakyat Indonesia (Persero) Tbk (Rp 9.25 trillion), PT Telekomunikasi Indonesia (Persero) Tbk (Rp 8.45 trillion), PT Bank Mandiri (Persero) Tbk (Rp 6.75 trillion), PT Pertamina (Persero) Tbk (Rp 4.5 trillion), and PT Bank Negara Indonesia (Persero) Tbk (Rp 2.25 trillion).

Non-tax state revenue realisation from January to August reached Rp 268.16 trillion, 70.89% of the 2019 Budget target. The amount is 11.59% higher than the 2018 realisation in the same period. (AM/MS)

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