Jakarta (Antara Bali) - The Ministry of Finance noted that the
realization of state expenditure in the Revised 2015 State Budget
(APBNP) had jumped up to 84 percent till Tuesday, eight days before the
budget year ends.
It is a drastic increase compared to the 78.1 percent of the targeted Rp1,984.1 trillion state expenditure last November.
Finance Minister Bambang Brodjonegoro said on Tuesday that although the state expenditure, particularly the expenditure of ministries/state institutions (K/L), continued to rise, yet the budget deficit at the end of the year remained under control, staying at a maximum of 2.7 percent of the Gross Domestic Product (GDP).
In order to keep the deficit under control, efforts to increase the state revenues continued. Until Tuesday, state revenues were recorded at 76 percent of the target set at Rp1,761.6 trillion, up from 69 percent last November.
"We continue to maintain the level of 2.7 percent of the GDP," the minister said.
To balance the absorption of state expenditure which is targeted at 92 percent, Minister Bamgang said the tax officials will optimize their efforts to collect tax receipts in the run-up to the end of this year.
One of the sources of state revenues is non oil and gas tax receipts. The Ministry of Finance is targeting to collect Rp218.3 trillion in non oil and non gas tax receipts this December.
The minister predicted that state expenditures, particularly K/L expenditures, will still be absorbed in the remaining days of this month. The K/L expenditure is the governments mainstay expenditure at the end of the year to optimize the fiscal aspect. After all, almost all of the transfer expenditure to the region and village funds have been realized.
"The average expenditures of K/L up to now have reached 80 percent," Bambang said.
The projection of the Ministry of Finance at the end of the year is that state revenues will reach 86.4 percent of the target, or Rp1,522.4 trillion, including tax receipts accounting for 85.8 percent.
The state expenditure which was disbursed is expected to reach Rp1,829.7 trillion or 92.2 percent of the target. As such, the state budget deficit at the end of the year is targeted to be 2.70 percent of the PDB, or Rp307.3 trillion.(WDY)
COPYRIGHT © ANTARA News Bali 2015
It is a drastic increase compared to the 78.1 percent of the targeted Rp1,984.1 trillion state expenditure last November.
Finance Minister Bambang Brodjonegoro said on Tuesday that although the state expenditure, particularly the expenditure of ministries/state institutions (K/L), continued to rise, yet the budget deficit at the end of the year remained under control, staying at a maximum of 2.7 percent of the Gross Domestic Product (GDP).
In order to keep the deficit under control, efforts to increase the state revenues continued. Until Tuesday, state revenues were recorded at 76 percent of the target set at Rp1,761.6 trillion, up from 69 percent last November.
"We continue to maintain the level of 2.7 percent of the GDP," the minister said.
To balance the absorption of state expenditure which is targeted at 92 percent, Minister Bamgang said the tax officials will optimize their efforts to collect tax receipts in the run-up to the end of this year.
One of the sources of state revenues is non oil and gas tax receipts. The Ministry of Finance is targeting to collect Rp218.3 trillion in non oil and non gas tax receipts this December.
The minister predicted that state expenditures, particularly K/L expenditures, will still be absorbed in the remaining days of this month. The K/L expenditure is the governments mainstay expenditure at the end of the year to optimize the fiscal aspect. After all, almost all of the transfer expenditure to the region and village funds have been realized.
"The average expenditures of K/L up to now have reached 80 percent," Bambang said.
The projection of the Ministry of Finance at the end of the year is that state revenues will reach 86.4 percent of the target, or Rp1,522.4 trillion, including tax receipts accounting for 85.8 percent.
The state expenditure which was disbursed is expected to reach Rp1,829.7 trillion or 92.2 percent of the target. As such, the state budget deficit at the end of the year is targeted to be 2.70 percent of the PDB, or Rp307.3 trillion.(WDY)
Editor : I Gusti Bagus Widyantara
COPYRIGHT © ANTARA News Bali 2015