Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Indonesia Notes Rp153.36tn Budget Deficit in Q3

13 November 2014 15:52 WIB

Gedung Departemen Keuangan. TEMPO/ Dinul Mubarok

TEMPO.CO, Jakarta – The Finance Ministry's directorate general of treasury announced that the state budget deficit as of September 30, 2014 amounted to Rp153.36 trillion, a year-on-year increase from September 2013's Rp110.58 trillion.

Yudi Pramadi, the ministry's chief of communications and information services, told Antara yesterday that the deficit is 63.5 percent of the 2014 State Budget Amendment year-end target of Rp241,5 trillion.

Albeit the deficit, this year's revenues and state grants for the same period is higher than the last year's. In September last year, state revenues and grants only reached Rp982.16 trillion, while in September of this year the number reached US$1,081.31 billion, or 66.1 percent of the Rp1635.4 trillion year-end target.

Economist from Gadjah Mada University, Tony Prasetyantono, said the government must immediately crunch the budget deficit. "A safe deficit is at 2.0 percent of the DGP, but it is difficult to achieve," he said yesterday.

Tony said that reducing the budget deficit by minimizing capex absorption is not a good solution. "Looking ahead, budget deficits must not be reduced not cutting spending but [by increasing] tax revenues," said Tony.

According to Tony, not raising or even cutting the state's capex budget will stunt economic growth. "Sadly, what happens now is [the government] keeps raising the state budget yet the quality stagnates because of a low tax ratio," he said.

GANGSAR PARIKESIT | PRIHANDOKO



Finance Minister Sri Mulyani Says No Discussion of Free Lunch Program Yet in State Budget Talks

9 hari lalu

Finance Minister Sri Mulyani Says No Discussion of Free Lunch Program Yet in State Budget Talks

Sri Mulyani said the ministry will not issue any statement regarding the free lunch program and its relation to the 2025 State Budget.


OIKN Predicts That in the Next 10 Years, Nusantara Development will Not Need State Budget

25 hari lalu

OIKN Predicts That in the Next 10 Years, Nusantara Development will Not Need State Budget

OIKN predicts that in the next 10 years, the development of Indonesia's future capital city will not require funds from the State Budget


Jokowi Discusses Prabowo-Gibran's Free Lunch Program During Cabinet Meeting

31 hari lalu

Jokowi Discusses Prabowo-Gibran's Free Lunch Program During Cabinet Meeting

Jokowi's cabinet discussed the free lunch program proposed by running candidate Prabowo-Gibran at a meeting held today in Jakarta.


Airlangga Says Prabowo's Free Lunch Program Included in 2025 State Budget

34 hari lalu

Airlangga Says Prabowo's Free Lunch Program Included in 2025 State Budget

Coordinating Minister Airlangga confirmed that Prabowo's free lunch and milk program for school children will be included in the 2025 State Budget.


Sri Mulyani Says 2024 Election Budget Hits Rp71.3 Trillion

34 hari lalu

Sri Mulyani Says 2024 Election Budget Hits Rp71.3 Trillion

Finance Minister Sri Mulyani said that the total amount of funds disbursed by the government for the 2024 general elections hit Rp71.3 trillion.


Indonesia to Implement Excise on Packaged Sweetened Drinks This Year

35 hari lalu

Indonesia to Implement Excise on Packaged Sweetened Drinks This Year

Customs and Excise DG revealed an update on plans to implement excise on MBDK or packaged sweetened drinks.


Foolhardy State Budget Automatic Adjustment for Political Campaign

42 hari lalu

Foolhardy State Budget Automatic Adjustment for Political Campaign

The government's decision to block the state budget's allocation for social assistance is dangerous. Campaign interests may be the reason.


Sri Mulyani Withholds Rp50tn from State Budget on Jokowi's Order

50 hari lalu

Sri Mulyani Withholds Rp50tn from State Budget on Jokowi's Order

Finance Minister Sri Mulyani has asked all ministries or institutions to block out their budgets worth Rp50.14 trillion this year.


Govt Blocks Rp50.14 trillion of State Budget to Fund BLT

52 hari lalu

Govt Blocks Rp50.14 trillion of State Budget to Fund BLT

Rp50.14 trillion of the ministry/agency budget has been blocked in order to become one of financial sources for the unconditional cash transfer (BLT)


Mahfud Md Questions Gibran Rakabuming's Statement on IKN During Vice Presidential Debate

22 Desember 2023

Mahfud Md Questions Gibran Rakabuming's Statement on IKN During Vice Presidential Debate

Mahfud Md responds to Gibran Rakabuming Raka's statement on Nusantara Capital City or IKN during the vice presidential debate.