JAKARTA. Government and the House of Representatives (DPR) have agreed on 2017 State Budget Plan (RAPBN 2017) to be legalized as a law. The 2017 State Budget Plan set the economic growth assumption at 5.1%, inflation target at 4%, three month treasury bills or SPN’s rate at 5.3%, State Budget Plan’s deficit, and rupiah exchange rate at IDR13,300 per US$1. The agreement also included the amount of subsidies, non-oil and gas revenues target, oil and gas revenue target, as well as targets of non-employment rate, poverty rate, gini ratio, and human development index (HDI or IPM).
Govt-House agreed on 2017 state budget plan
JAKARTA. Government and the House of Representatives (DPR) have agreed on 2017 State Budget Plan (RAPBN 2017) to be legalized as a law. The 2017 State Budget Plan set the economic growth assumption at 5.1%, inflation target at 4%, three month treasury bills or SPN’s rate at 5.3%, State Budget Plan’s deficit, and rupiah exchange rate at IDR13,300 per US$1. The agreement also included the amount of subsidies, non-oil and gas revenues target, oil and gas revenue target, as well as targets of non-employment rate, poverty rate, gini ratio, and human development index (HDI or IPM).
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