Absorption of Jakarta Local Budget reached 83.83 percent

By : Herry Barus And Aldo Bella Putra | Wednesday, January 03 2018 - 22:30 IWST

INDUSTRY.co.id - Jakarta - Provincial Government (Pemprov) of DKI Jakarta recorded the absorption of Regional Budget (APBD) Year 2017 reached Rp51, 82 trillion or 83.83 percent of total budget Rp71, 89 trillion.

"The absorption of the budget this year can be estimated to increase if compared with the realization of budget absorption in 2016 ago," said Deputy Governor of DKI Sandiaga Uno in Jakarta, Wednesday (3/12/2017)

According to him, the increase in budget absorption can be realized thanks to the full commitment of all the Regional Device Work Units (SKPD) in Jakarta Provincial Government.

The budget absorption in 2017 increased by Rp 4.69 trillion or 9.96 percent from the realization in 2016 which was only Rp 47.12 trillion. The increase is also influenced by budget efficiency in SKPD.

Furthermore, he said the realization of revenues and financing receipts also exceeded the target. Total revenue reached Rp73, 51 trillion or 102.36 percent of the budget.

"The amount increased by Rp14.12 trillion or 23.78 percent of the actual absorption in 2016 which was only Rp59.39 trillion and we are grateful for this achievement," Sandi said.

Nevertheless, he revealed that there are still a number of unfinished jobs or programs until the end of fiscal year 2017, so that the budget allocated is only limited to the realization of the progress of physical works.

"The current paid budget is only limited to the realization of the physical progress of the work, while for the rest of the work will be charged to the allocation of 2018 budget year," Sandi said.

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