Government Spending Dominated by Debt Interest Payments
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Central Government Spending (CGS) realization until April 2020 reached Rp 382.53 trillion, a 3.37% increase from the same period the previous year of Rp 370.05 trillion. Debt service payments were the highest expenditure, realizing Rp 92.82 trillion. The next highest expenditures were employee compensation at Rp 68.21 trillion and social assistance at Rp 61.41 trillion.
The highest increase in CGS occurred in social assistance and debt service payments, at 13.72% and 12.37% respectively. Conversely, two expenditure categories decreased compared to the same period the previous year. First, goods and services expenditure decreased by 18.79% to Rp 52.92 trillion. Second, subsidies decreased by 13.47% to Rp 32.83 trillion.
"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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