FY2018: Ministry of Public Works and Public Housing Holds the Largest Budget

Economics & Macro

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18/08/2017 10:36 WIB

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Top 10 Ministries with the Largest Budgets in the 2018 Indonesian State Budget (RAPBN)

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FY2018: Ministry of Public Works and Public Housing Holds the Largest Budget

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Top 10 Ministries with the Largest Budgets in the 2018 Indonesian State Budget (RAPBN)

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The infrastructure sector was a priority in the development plans of the Joko Widodo and Jusuf Kalla administration in 2018. The 2018 State Budget (RAPBN) shows that the Ministry of Public Works and Public Housing received Rp 106.9 trillion, a 4.1 percent increase from the previous budget of Rp 102.7 trillion.

Ten ministries with the largest budgets in the 2018 RAPBN received a total of Rp 567 trillion, an 8.1 percent increase from the previous year. All of these ministries experienced budget increases except for the Ministry of Defence, which saw a 7.4 percent decrease to Rp 105.7 trillion from Rp 114.2 trillion the previous year.

The 2018 RAPBN targeted government spending at Rp 2,204.4 trillion, while projected revenue was Rp 1,878.4 trillion. This resulted in a deficit of Rp 325.9 trillion, or 2.19 percent of the Gross Domestic Product.

"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."