Maintaining Expenditure for the More Credible APBN

Jakarta, 09/08/2016 MoF – The government plans to cut operational budget and business trip which are regarded less efficient. The President Joko Widodo himself delivers his support on this step in order to secure the State Budget (APBN). “We have to do it for more credible State Budget,” he says after the event of Tax Amnesty Socialization in Bandung, on Monday (08/08).

According to him, the Minister of Finance Sri Mulyani Indrawati has made calculation on K/L’s budget cut of IDR65 trillion and transfer to region of IDR68.8 trillion. The budget cut is performed following the potential of significant decline on 2016 tax revenue.

“After recalculating again and again, we came to a conclusion that we have to be realistic amid the current global economic condition,” he said as quoted from Cabinet Secretariat site on Tuesday (09/08).

For information, the President has agreed the budget cut plan proposed by the Minister of Finance in plenary session on 3 August 2016. Next, the minister along with the Minister of National Development Planning Agency/Bappenas will continue reviewing K/L’s budget that is reducible.  (as)