Metrotvnews.com, Jakarta: President Joko Widodo urged four ministries to accelerate the auction of activities and infrastructure projects, following the 2016 State Budget (APBN). The government and the People's Representative Council (DPR) Budgeting Board agreed on the state expense of Rp2,095 trillion.
"After the approval of DPR, tender and auction should be started immediately. Especially those related to the capital spending and infrastructure," said Jokowi at the Presidential Office, Jalan Medan Merdeka Utara, Jakarta, Monday (11/2/2015).
Four ministries urged to speed up is the Ministry of Public Works and Housing, Ministry of Transportation, Ministry of Agriculture, as well as the Ministry of Energy and Mineral Resources. Jokowi hopes that due to the acceleration of auction and tender, the absorption of 2016 state budget will be better than this year.
"January signs the contract, directly releases the down payment. We don't want any economic contraction due to our lateness," said the former Jakarta Governor.
Within the posture of 2016 State Budget Draft, the government and DPR budgeting board agreed on the government spending of Rp2,095 trillion, comprising of central government spending of Rp1,325.55 trillion and transfer expenses to the regions and village fund at Rp770.17 trillion.
Expenses components of the central government, among others is the spending of Ministries/Institution, as agreed of Rp784.1 trillion. As for the subsidy limit, the government has the fuel and gas subsidy budget of Rp63 trillion and electricity subsidy of Rp38 trillion.
As for the transfer spending for the regions and village funds are Rp770.2 trillion, including the village fund limit of Rp47 trillion.
Meanwhile, the state income is agreed at Rp1,822.5 trillion. From the income, the tax income is targeted at Rp1,506 trillion, while the non-tax income at Rp273.8 trillion, with grant income of Rp2 trillion.
The government increased the bond issuance target to 467.3 trillion rupiah in the 2017 amended state budget draft.
Finance Minister Sri Mulyani Indrawati discussed 2018 draft budget plan during a plenary meeting at the Parliament Building Comple…
Rising global oil prices may affect macroeconomic assumptions in the 2017 State Budget.
President Joko Widodo has urged his cabinet to accelerate the implementation of the 2017 state budget.
Bank Indonesia (BI) senior deputy governor Mirza Adityaswara said energy subsidy cut will improve fiscal condition.
Apakah Anda kerap merasa mudah lelah? Jika ya, Anda perlu tahu bahwa penyebabnya beragam. Apa saja?
Jika dehidrasi tak segera ditangani, bisa menjadi parah dan membahayakan tubuh.
Gerindra Party chairman Prabowo Subianto and Democratic Party chairman Susilo Bambang Yudhoyono (SBY) are scheduled to meet on Jul…
Coordinating Ministry of Political, Legal and Security Affairs Wiranto has gathered several members of the Working Cabinet to disc…
Indonesian Ulema Council (MUI) chairman Ma'ruf Amin is ready to become President Joko "Jokowi" Widodo's running …
Another body was found in the second day of search operation in the water off Puger, Jember, East Java, bringing the death t…
State Electricity Company (PLN) president director Sofyan Basir was summoned by the Corruption Eradication Commission (KPK) on Fri…
A 5.8 magnitude quake shook Malang, East Java at around 07:23 PM West Indonesia Time (WIB) on Thursday, July 19, 2018.
Another body was found after a fishing boat sank near Plawangan Puger beach, Jember, East Java on Thursday, July 19, 2018, bringin…
The National Police has investigated as many as 27 cases of fake news since the beginning of 2018.
Police are still hunting unknown perpetrators who threw two molotov cocktails at the house of PKS politician Mardani Ali Sera.
At least five people were killed after a fishing boat sank near Puger, Jember, East Java on Thursday, July 19, 2018.
Anang juga meminta keringanan hukuman dari majelis hakim.