It Turns Out That the 2018 Infrastructure Budget Was Reduced

21/08/2017 12:12 WIB

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The infrastructure budget decreased in 2018.

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It Turns Out That the 2018 Infrastructure Budget Was Reduced

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2016-2018 Infrastructure Budget

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It turns out that the government's infrastructure budget in 2018 decreased compared to the previous year. In the 2018 State Budget Draft (RAPBN), the infrastructure budget was only around 2.73 percent of the Gross Domestic Product (GDP). This figure is down compared to the infrastructure budget in the 2017 State Budget (APBN), which reached 2.83 percent of GDP.

However, nominally, the government's infrastructure budget for the following year increased by 5.52 percent to Rp 409.1 trillion compared to the 2017 APBN of Rp 387.7 trillion, and also increased by 2 percent from the 2017 Revised State Budget (APBNP).

Infrastructure remains a priority for development under the administration of President Joko Widodo and Vice President Jusuf Kalla, with the target of improving inter-regional connectivity and achieving 5.4 percent economic growth in 2018. The budget allocation is as follows: Rp 395.1 trillion for economic infrastructure, Rp 9 trillion for social infrastructure, and Rp 4.9 trillion for infrastructure support.

"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."