JAKARTA. A top official of the Jakarta Financial Management Body (BPAD) has said the value of Jakarta's fixed assets in five municipalities across Jakarta, depreciated by Rp 32.8 trillion (US$2.46 billion) in 2016. BPAD head Achmad Firdaus said the calculations had only just been released as the value of the assets continued fluctuating. "The figure was the result of assets calculation up to Dec. 31, 2016. We only calculate them once every year so we need at least half a year to find the total value," Achmad said as quoted by beritajakarta.com on Sunday.
City assets depreciate by Rp 32.8 trillion
JAKARTA. A top official of the Jakarta Financial Management Body (BPAD) has said the value of Jakarta's fixed assets in five municipalities across Jakarta, depreciated by Rp 32.8 trillion (US$2.46 billion) in 2016. BPAD head Achmad Firdaus said the calculations had only just been released as the value of the assets continued fluctuating. "The figure was the result of assets calculation up to Dec. 31, 2016. We only calculate them once every year so we need at least half a year to find the total value," Achmad said as quoted by beritajakarta.com on Sunday.