Jakarta Ratifies 2019 Regional Budget Draft worth Rp89tn
29 November 2018 08:12 WIB
TEMPO.CO, Jakarta - Regional Budget Draft (RAPBD) of Jakarta set at Rp89.09 trillion. Jakarta Legislative Council (DPRD) speaker Prasetio Edi Marsudi and Governor Anies Baswedan signed the MoU on Wednesday afternoon, November 28.
“The 2019 RAPBD increases up to 7 percent compared to the last year’s APBD which amounted to Rp83.26 trillion,” said Anies in the Plenary Meeting of Jakarta DPRD.
Anies explained the hike on budget draft was based on several indicators. In 2019, Jakarta economic growth, he mentioned, was projected to rise 6.6 percent.
“The figure is higher than the realization of economic growth in mid-2018 which recorded at 5.93 percent,” Anies said.
The second consideration, household consumption, also experienced growth and improved investment. Anies said the increase was in line with the infrastructure development of MRT phase 2 and the calming political tension.
Besides, private investment was estimated to strengthen as in line with the series of general elections. “So, such a ‘wait and see’ act will likely decrease,” Anies noted.
DPRD’d Budget Committee cut off several strategic activities proposed by Jakarta administration. The cutting was discussed in a joint meeting with the budget unit of Jakarta administration during the past two weeks.
M JULNIS FIRMANSYAH