House endorses Rp 1,683t budget for 2013

The Jakarta Post, Jakarta | Business | Wed, October 24 2012, 2:28 PM

The House of Representatives endorsed the 2013 state budget of Rp 1,683 trillion (US$177.15 billion), up from last year’s budget of Rp 1,435 trillion, in a plenary meeting on Tuesday.

As much as Rp 1,154 trillion has been allocated for the central government, while another Rp 528.6 trillion will be transferred to the regions.

The government allocated 18.8 percent of the state budget, or Rp 317.2 trillion, for energy and non-energy subsidies. The amount set aside for energy subsidies totals Rp 274.7 trillion, of which Rp 193.8 trillion will go to fuel subsidies and Rp 44.96 trillion will subsidize electricity costs. Meanwhile, Rp 42.5 trillion of the non-energy subsidy funding was allocated for fertilizer and public services.

The central government budgeted Rp 241.1 trillion for civil servants’ salaries, while Rp 167 trillion will be used for the procurement of daily equipment. The budget for the central government’s capital expenditures has been set at Rp 216.1 trillion, while Rp 113.2 trillion has been earmarked for debt interest payments.

The government and the House expect to earn Rp 1,529 trillion from taxes and non-tax income and grants, up from last year's Rp 1,311 trillion. (cor/lfr)