Social Assistance Budget Absorption Reaches 55% in the First Semester

Economics & Macro

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18/07/2018 15:23 WIB

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Government spending absorption for social assistance was highest in the first half of 2018 compared to other budget expenditures.

Central Government Budget Realization, First Semester 2018

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Central Government Budget Realization, First Semester 2018

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In the first half of 2018, the absorption of the central government's budget for social assistance was the highest compared to other budget expenditures. A government report on the implementation of the 2018 State Budget (APBN) for the first semester shows that social assistance budget realization reached 55.5%, or Rp 45.1 trillion, out of the Rp 81.26 trillion targeted in the 2018 APBN.

Meanwhile, the second largest budget absorption was for debt service payments, reaching 50.55%, or Rp 120.61 trillion out of the Rp 238.6 trillion targeted in the APBN. Third was the absorption of the subsidy budget, reaching 47.33%, or Rp 73.94 trillion out of Rp 156.23 trillion.

Overall, budget absorption in the first six months of the year remained quite low, reaching only 38.4%, or approximately Rp 558.43 trillion, out of the total central government budget expenditure of Rp 1,454.49 trillion. The lowest budget absorption was for other expenditures, reaching only 1.2%, or approximately Rp 777 billion, out of the Rp 67.24 trillion allocated in the 2018 APBN.

"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."

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Social Assistance Budget Absorption Reaches 55% in the First Semester

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Social Assistance Budget Absorption Reaches 55% in the First Semester

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