Historic First: President Prabowo Subianto Visits Finance Ministry to Witness 2024 APBN Budget Closure
In a unprecedented move, President Prabowo Subianto made history by visiting the Ministry of Finance on December 31, 2024, to personally witness the closure of the 2024 State Budget. This is the first time a president has attended this event, marking a significant milestone in the country’s fiscal history.
Minister of Finance Sri Mulyani Indrawati disclosed the president’s visit during the Opening Ceremony of the Indonesia Stock Exchange (BEI) for the Year 2025 on Thursday, January 2, 2025. She noted, "For the first time, a president is coming to the Ministry of Finance to witness the closure of the APBN [State Budget]."
The minister humorously added that the president’s visit was not just ceremonial, but also to personally interact and give instructions. "He might also want to see how much money is finally there," she said, laughing.
President Prabowo’s visit occurred from around 4 pm until Maghrib, during which the ministry briefed him on the implementation of the 2024 APBN. Sri Mulyani praised the APBN 2024 closure as a significant success, with a fiscal deficit notably lower than initially projected — below 2.7% of GDP.
"The APBN 2024 was closed with a deficit nearing the initial APBN Law (2.29%). This is an outstanding result, much lower than the initially projected 2.7%," she said. Although she refused to reveal the exact deficit figure, she assured that the ministry’s performance report for APBN 2024 would be released soon.
Sri Mulyani optimistically concluded, "The APBN 2024 was closed in a relatively healthy and secure manner, providing a strong foundation for the year 2025."
Watch: ‘Sri Mulyani Reveals the Condition of the 2024 APBN: Deficit Significantly Reduced’
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