In early August 2016, President Joko Widodo publicly revealed the ten regions with the largest deposits of Regional Revenue and Expenditure Budget (APBD) funds in banks. DKI Jakarta had the largest amount, totaling Rp 13.9 trillion. West Java followed in second place with Rp 8 trillion, and East Java in third with Rp 3.9 trillion.
The large amount of provincial government funds deposited in banks indicates low APBD absorption. However, APBD spending is necessary to stimulate economic growth. Therefore, Jokowi urged all regional heads to immediately disburse the APBD funds still held in banks.
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