JAKARTA. Government and the House of the Representatives (DPR) on Thursday (29/9) reached agreement over 2017 State Budget Plan. Under the plan, the target of economic growth was cut to 5.1%, while the target of state’s income and expenditure were cut by 2% from 2016 Revised State Budget. Government and DPR have agreed to set the target of state’s income at the amount of Rp1,750 trillion. This number was 2% lower than Rp1,786.2 of the amount of state’s income targeted by 2016 Revised State Budget. Government and DPR agreed to reduce the state’s income target after the two parties decided to shrink the target of tax revenues. In 2017, government expects to collect Rp1,498.9 trillion of tax revenues, or 2% lower than Rp1,539.2 trillion of tax revenues under 2016 Revised State Budget.
The first formulation of minister Sri Mulyani
JAKARTA. Government and the House of the Representatives (DPR) on Thursday (29/9) reached agreement over 2017 State Budget Plan. Under the plan, the target of economic growth was cut to 5.1%, while the target of state’s income and expenditure were cut by 2% from 2016 Revised State Budget. Government and DPR have agreed to set the target of state’s income at the amount of Rp1,750 trillion. This number was 2% lower than Rp1,786.2 of the amount of state’s income targeted by 2016 Revised State Budget. Government and DPR agreed to reduce the state’s income target after the two parties decided to shrink the target of tax revenues. In 2017, government expects to collect Rp1,498.9 trillion of tax revenues, or 2% lower than Rp1,539.2 trillion of tax revenues under 2016 Revised State Budget.