Workers build a hotel on the construction site in Yogyakarta on May 21, 2013. State spending dropped in the January-April period amid lower regional transfers. (JG Photo/Boy T Harjanto)
Jakarta. Indonesia reported that state spending dropped in the first four months as less money was transferred to provinces and districts across the country.
The government disbursed 23.5 percent of the state budget in the January-April period this year, down from realized expenditure of 23.7 percent of the state budget in the same period in 2013.
According to the Finance Ministry, the decrease in realized state expenditure was due to lower transfers to regions from the central government this year. Still, expenditure by the central government during the period this year is much higher than in 2013.
“Expenditure by central government in 2014 is 1.8 percent higher than the realized percentage of last year,” said Yudi Pramadi, the spokesman for the Finance Ministry, in a press release published on the Cabinet Secretariat on Wednesday.
Realized revenue amounted to Rp 413.11 trillion ($35 billion), or 24.8 percent of the state budget in the January-April period this year. That amount is up 1.3 percent from the same period last year.
Meanwhile, non-tax state revenue during the January-April period is 2.2 percent higher than in the same period last year. During the period, state deficit also narrowed.
“The narrowing deficit is because there was increase in revenue and grant by 1.3 percent, while expenditure decreased by 0.2 percent from the realized expenditure last year,” Yudi said in the statement.
The ministry also added that realized financing as of April 30 reached Rp 120.23 trillion, or 68.6 percent of the state budget, up 19.5 percent from 49.1 percent in the same period last year.
By Ezra Sihite on 04:38 pm Jun 11, 2014
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