ID :
70286
Tue, 07/14/2009 - 13:32
Auther :

FIRST SEMESTER OF 2009 DEFICIT 0.2 PERCENT

Jakarta, Jul 13 (ANTARA) - The 2009 State Budget deficit in the first semester of 2009 reached Rp5.7 trillion, which is 0.2 percent of the Gross Domestic Product (GDP).

Deputy Chairman of the Budget Committee Suharso Monoarfa told a hearing between the House budget committee with the government in Jakarta Monday night that the deficit was caused the quicker provision of employee expanses and transfers to the regions to maintain consumption growth.

The hearing was also attended by Finance Minister Sri Mulyani Indrawati and Deputy Governor of Bank Indonesia (BI) Hartadi A. Sarwono.

Suharso said the state's revenue and grants in the first semester of 2009 reached Rp367.2 trillion, which is 43.3 percent of the stimulus document.

The state's revenue came from tax receipts amounting to Rp288.5 trillion, or 43.6 percent of the stimulus document.

"The tax receipts were affected by the slowing down economic growth, the drop in the volume and value of imports, increase in the price of oil, increase in excise rates, export duty on CPO, and the taxation sunset policy," Suharso told the hearing chaired by the House Budget Committee Emir Moeis.

In the meantime, the state's non-tax revenue reached Rp78.5 trillion, or 42.2 percent.

Meanwhile, state expenses in the first semester of 2009 reached Rp372.9 trillion, or 37.7 percent of the stimulus document.

The total consisted of expenses of ministries/institutions Rp104.4 trillion, subsidy expenses Rp34.3 trillion, and transfers to the regions Rp139.8 trillion.

The cover the deficit, expenses in the first semester of 2009 reached Rp47.8 trillion, consisting of the issuance of state bonds reaching Rp69.2 trillion, or 126.1 percent.***


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