Conservative Policy Budget in 2016

Conservative Policy Budget in 2016

The budget financing to cover the deficit in 2016 was agreed at IDR273.2 trillion, consisting of debt financing of IDR330.9 trillion and non-debt financing of negative IDR57.7 trillion. To support the 2015 APBN deficit financing policy equivalent to 2.15 percent of GDP, the government will utilize domestic and foreign financing sources that have low risks, low cost burdens, and no ties. [1] the government will utilize the available financing instruments optimally without ignoring the precautionary principle. In addition, the financing policy will also continue to be utilized to accelerate infrastructure development, education investment in the future, and strengthen the credit program for medium, small and micro businesses. Regarding PMN in 2016, its implementation will be discussed again in the 2016 Amended State Budget Draft. [2] As it is known that the 2016 State Budget is conservative, in detail the 2016 State Budget is targeted to be Rp 2,095.7 trillion or an increase of 5.6 percent compared to the 2015 State Budget, which is only Rp1,984.1 trillion. State revenue also rose not too rapidly (4.9 percent), from Rp 1,761.6 trillion in the 2015 APBN-P to Rp 1,822.5 trillion in the 2016 APBN. in the economy, optimally collecting state revenue, and increasing the efficiency and quality of state spending including by continuing and sharpening priority programs in 2015. Policies to increase state revenue include rolling out policies related to optimization [3] (1) Taxation, (2) Improvement of lifting, (3) Adjustment of the Government's dividend target for BUMN profits, (4) Improvement of supervision over natural resource management and (5) Adjustment of PNBP imposition rates.(Business trip)In the Inpres it was emphasized, savings and cuts in Ministry / Agency spending were carried out primarily for official travel expenses and meeting packages, power and service subscriptions, team / activity honorarium, meeting costs, advertising, and other office operations. In addition, building / office construction, procurement of official / operational vehicles, remaining auction or self-managed funds, budgets from activities that are not bound, and activities that are not urgent or can be carried over to the next fiscal year, while saving and cutting This K / L expenditure, according to the Inpres, was not carried out on budgets originating from loans, grants and budgets originating from Non-Tax State Revenues of Public Service Agencies (PNBP-BLU). The implementation of spending cuts in the Ministries / Institutions DIPA is conducted after the law concerning Amendment to Law Number 14 of 2015 concerning the 2016 State Budget and Budget is passed.