Absorption of State-Owned Enterprises Ministry Spending Increased in 2015

Economics & Macro

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12/08/2016 15:55 WIB

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Ministry of State-Owned Enterprises Budget Absorption

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Ministry of State-Owned Enterprises Budget Absorption

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In 2015, the Ministry of State-Owned Enterprises absorbed Rp 125.6 billion of its budget, or 84.84 percent of the allocated budget of Rp 148.1 billion. This realization increased by 5.97 percent compared to the previous year, which was only 78.87 percent.

Although it increased, the budget absorption in 2015 was still below the target of 90 percent. The percentage of budget absorption by the Ministry of State-Owned Enterprises is the realization of expenditure in one period compared to the budget ceiling of the List of Budget Implementation Activities (DIPA) in one year.

The DIPA budget ceiling for the Ministry of State-Owned Enterprises has tended to decrease since 2010, although its absorption has shown an upward trend each year. Except in 2014, when it decreased by approximately 2 percent from 81.14 percent in the previous year.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."