Category Archives: Goverment Finances and Fiscal
Developments in Government Finances and Fiscal 2014:Q1
As per January 2014, revenue and grant realization had reached 5.5% of the target of IDR 1,667.1 trillion set in the state budget 2014, while government expenditure realization was 5.3%. Target of revenue and grants consist of IDR 1,665.78 trillion and IDR 1.36 trillion, in domestic revenues and grants, respectively. To date, tax revenues have […]
Developments in Government Finances and Fiscal 2013:Q4
A. Developments in Fiscal SectorThe decline in economic growth has had adverse effect on tax revenues. Indonesian economic growth declined in 2013. On y-o-y basis, the economy posted growth of 6.05%, 5,83%, 5.62%, in quarter I, quarter II, and III, 2013, respectively, which was lower than 6.2% projected in the revised state budget assumption for […]
Developments in Government Finances and Fiscal 2013:Q3
A. Developments in the Fiscal The economic growth in quarter II-2013 stood at 5.8% (yoy), was lower than 6.3% posted in quarter II- 2012. The slowdown of Indonesian economic growth had adverse effect on low state revenues. The realization of state revenue by 31 August 2013 was IDR 844.9 trillion, which was higher than […]