37 points to 10 per cent. The GFC, luckily, did not
lead to an increase in the poverty rate based on the NPL standard, and the rate steadily declined
from 15.42 per cent in 2008 to 14.15 per cent in 2009 and 13.33 per cent in 2010. The poverty
gap index P1 and poverty severity index P2, however, indicated that the GFC might be
associated with an increase in the value of both indexes to a level similar to 2006 Figure 1.13.
This suggests an increase in disparities among the poor, with the poorest of the poor being
badly affected by the crisis. Poverty in Indonesia has always been a
predominantly rural phenomenon. Despite the growth of the urban population, which now
accounts for almost half of the total population, the rural poor still account for more than 60
per cent of the total poor Figure 1.14. The most likely reason for this is that most people
in rural areas work in the agricultural sector even though, as discussed previously, the
economic share of the agricultural sector has been declining. The relatively low education
level of the rural poor limits their opportunities
Figure 1.13: Poverty gap and poverty severity indexes, 2002–2010
Source:BPS–StatisticsIndonesiavariousyears 0.50
2002 3.01
3.13 2.89
2.94 3.43
2.99 3.37
2.50 2.21
0.79 0.85
0.78 0.81
1.00 0.84
1.00 0.68
0.56 2003
2004 2005
2006 Poverty Gap Index P1
Poverty Severity Index P2 2007
2008 2009
2010 1.00
1.50 2.00
2.50 3.00
3.50 4.00
Figure 1.14: Share of urban and rural poor as a proportion of the national poor, 1976–2010
Source:BPS–StatisticsIndonesiavariousyears 1976 1978 1980 1981 1984 1987 1990 1993 1996 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
10 20
30 40
60 50
70 80
90 100
Rural
Urban of total poor
38
2005 2002
1999 1996
2006 2007
2008 2009
5 10
15 20
25 30
35 40
2010 0.365
0.326 0.33
0.343 0.357
0.374 0.368
0.362 0.352
0.274 0.244
0.29 0.264
0.276 0.302
0.3 0.288
0.297 0.4
Gini ratio of poverty rate
0.35 0.3
0.25 0.2
13.39 19.41
14.46 11.68
13.47 12.52
11.69 10.72
9.87 19.78
26.03 21.1
19.98 21.81
20.37 18.93
17.35 16.56
0.15 0.1
0.05
Poverty Rate - Urban Poverty Rate - Rural
Gini ratio - Urban Gini ratio - Rural
Figure 1.15: Urban and rural poverty rates and Gini ratios, 1996–2010
Source:BPS–StatisticsIndonesiavariousyears
to benefit from increasing labour demand in the manufacturing and service sectors. The fact
that most manufacturing establishments and various forms of financial services are located
in or near cities also hinders the development of both farm and non-farm businesses in rural
areas. Although the poverty rates in urban areas are lower than those in rural areas, the
income inequality as reflected in the Gini ratio is subsequently higher. However, while the
inequality in urban areas has tended to decline in recent years, the inequality in rural areas has
been relatively stagnant, oscillating around 0.3 Figure 1.15.
In addition to rural–urban disparities, income poverty also varies across provinces. Although
most of the poor are living in Java, the poverty rates in the provinces of eastern Indonesia
remain among the highest. In 2010, around half of the poor lived in the three provinces with
the highest numbers of poor people: East Java, Central Java and West Java. The variation of
poverty rates among provinces is quite high: approximately 35 per cent of the people in
West Papua and Papua are categorized as poor, while less than 5 per cent of people in Jakarta
and Bali are poor Figure 1.16. The provincial performance in terms of a reduction in poverty
rates also varies considerably. Five provinces recorded the highest poverty reductions during
2005–2010; they were Riau, Central Kalimantan, West Kalimantan, Jambi and East Kalimantan
– all rich in natural resources. Meanwhile, two provinces – Jakarta and North Sulawesi –
recorded increasing poverty rates during the same period.
39
u 5
10 15
20 25
30 35
40 45
13.3 36.8
1.000 2.000
3.000 4.000
5.000 6.000
Figure 1.16: Numbers of poor people and poverty rates by province, 2010
Source:BPS–StatisticsIndonesia Papua
W est Papua
Maluku Gorontalo
NTT NTB
Aceh Lampung
Bengkulu Central Sulawesi
Southeast Sulawesi Y
ogyakarta Central Java
South Sumatra East Java
W est Sulawesi
South Sulawesi North Sumatra
W est Java
W est Sumatra
North Maluku North Sulawesi
W est Kalimantan
Riau Jambi
Riau Islands East Kalimantan
Banten Central Kalimantan
Bangka Belitung South Kalimantan
Bali Jakarta
Number of poor people millions Poverty rates of population
Number of Poor People - Urban National Poverty Rate
Number of Poor People - Rural Poverty rates
3.5
0.00
-6.00 -8.00
-2.00 2.00
4.00 6.00
8.00
Figure 1.17: Progress in poverty reduction and economic development by province, 2005 – 2010
Source:CalculatedusingdatafromBPS–StatisticsIndonesia
Riau Central Sulawesi
East Kalimantan Central Kalimantan
Banten W
est Kalimantan NTB
Jambi Lampung
Bangka Belitung W
est Sumatra South Sumatra
Papua South Kalimantan
W est Java
East Java Central Java
North Sumatra North Maluku
North Sulawesi Southeast Sulawesi
Jakarta South Sulawesi
Gorontalo Bengkulu
NTT Bali
Maluku Aceh
Yogyakarta
-4.00
Annual A verage ProgressRegress during 2005-2009
EconomyGRDP Poverty
40
1.6 Macroeconomic policy and budget allocation
The macroeconomic policies adopted by a country affects the capacity of the government
and the general community to invest in future generations, namely, children. Changes in
commodity prices affect a household’s capacity to invest in their children’s future consumption
and education and the government’s capacity to invest in the provision of public services.
During the last decade, Indonesia struggled to survive the 1997–1998 Asian financial crisis
and other consecutive shocks due to increases in global food, oil and gas prices as well as the
latest 2008–2009 global financial crisis. In order to survive these shocks, the government has
adapted monetary policy measures to maintain currency and inflation stability, and adjusted the
fiscal policy to provide sufficient development stimulus. The Indonesian central bank BI, Bank
Indonesia is the institution authorized by law to manage the country’s monetary policy Law
No. 32004 concerning Bank Indonesia. It is mandated to achieve and maintain the stability
of the rupiah, defined as the stability of prices for goods and services reflected in inflation,
among other factors. To achieve this goal, Bank Indonesia decided in 2005 to adopt an inflation
targeting framework, in which inflation control is the primary monetary policy objective, while
adhering to the free floating exchange rate system. Exchange rate stability plays a crucial
role in achieving price and financial system stability. For this reason, Bank Indonesia also
operates an exchange rate policy designed to minimize excessive rate volatility, rather than
pegging the exchange rate to a particular level. These measures have resulted in relatively stable
inflation and exchange rates during the past five years Figures 1.18 and 1.19, and have helped
the country survive the global financial crisis.
Regarding fiscal policy, Indonesia has adopted a deficit financing budget in order to stimulate
growth. From 2005 to 2007 the government’s budget deficit tended to increase each year.
In 2005 the total budget deficit was IDR14.4 trillion million million, which increased to
IDR29.1 trillion in 2006, and further increased to IDR49.8 trillion in 2007. In 2008, the total
budget deficit decreased by IDR4.1 trillion compared to the previous year. In the aftermath
of the global financial crisis, which caused an economic slowdown in late 2008, tax revenue
decreased in 2009 and caused the budget deficit to rise to IDR88.6 trillion 6 per cent of GDP.
The decision to increase the budget deficit in 2009 was also based on an intention to provide
fiscal stimulus as a counter cyclical measure to the potential adverse impact of the global
-2.0 2001
2002 2003
2004 2005
2006 2007
2008 2009
2010 Indonesia
Malaysia Thailand
Philippines Singapore
Inflation rate
2000 -
2.0 4.0
6.0 12.0
10.0 8.0
14.0 16.0
18.0
Figure 1.18: Annual inflation in Indonesia and neighbouring countries, 2000–2010
Source: Indonesia Central Bank Bank Indonesia and Department of Statistics Singapore
41
Figure 1.19: Changes in exchange rates in Indonesia and neighbouring countries, 2000–2010 year 2000=100
Source: Calculated from International Financial Statistics
[http:elibrary-data.imf.orgDataReport.aspx?c=1449311d=33061e=169393] 2001
2002 2003
2004 2005
2006 2007
2008 2009
2010 2000
Changes in exchange rate year 2000 = 100
70 80
90 100
110 120
130 Indonesia 2000 :
8,421 per US Malaysia 2000 :
3.800 per US Thailand 2000 :
40.112 per US Philippines 2000 :
44.192 per US Singapore 2000 :
1.724 per US
Figure 1.20: Central government revenues, expenditures and deficits, 2005–2010
Source:BudgetStatistics2005–2011,MinistryofFinance 2005
2006 Revenues
Expenditures Deficit
2007 2008
2009 2010
1,200 1,000
800 600
400 200
-200 IDR trillion million million
financial crisis. In this fiscal year, the government allocated IDR73.3 trillion 1.4 per cent of GDP to
a fiscal stimulus programme that consisted of tax reduction 58.7 per cent, subsidies for import
taxes and duties 18.1 per cent, and additional subsidies and government expenditures 23.3
per cent used to finance labour intensive infrastructure developments and the expansion of
the community driven development programme Program Nasional Pemberdayaan Masyarakat,
PNPM and other measures. In 2010 the budget deficit was set at IDR133.7 trillion 8 per cent of
GDP. Most of the government’s revenues come from
tax, especially domestic taxation. On average, tax revenues account for almost 70 per cent of
total revenues each year. In addition, oil and gas contribute around 20 per cent on average
each year. The remainder comes from various means of budget financing. Most budget
financing is from domestic sources in the form of government obligations, and from foreign
sources such as foreign debt. Indonesia’s external debt is maintained at
manageable levels. The level of debt based on loan agreements was relatively constant,
42 but government securities also increased
considerably Figure 1.21. Thus, the total debt-service payments also increased. Most
government debt in 2009 was a result of financial leasing and financial services 38 per cent,
followed by other categories 16.6 per cent, services 17 per cent, and construction 13.5
per cent. The indicators of external debt burden indicate that Indonesia’s debt is still manageable.
The debt service ratio DSR, debt to GDP and debt to export earnings have been declining,
although they did increase slightly in 2009 Figure 1.22.
Figure 1.21: Levels of government external debt and debt-service payments, 2004–2009
Source:IndonesiaCentralBankBankIndonesia,2010 70
80 68.6
63.1 62.0
66.7 62.3
14.7 9.9
65.7
2.1 6.2
11.0 18.4
18.0 7.7
7.8 8.3
9.1 9.4
60
20 10
US million 50
40 30
Loan Agreement Government Securities
Debt-Service Payment 2005
2006 2007
2008 2009
2004
Figure 1.22: Indonesia’s external debt burden indicators, 2004–2009
Source:IndonesiaCentralBankBankIndonesia,2010 Note:DSR,debtserviceratio
2005 2006
2007 2008
2009 2004
20 40
60 80
100 120
140 160
180 200
DSR Debt to GDP
Debt to Export
Regarding central government expenditure, subsidies still account for the biggest proportion
of expenditure during 2005–2010. At their highest point, subsidies amounted to 40 per cent of
total expenditure in 2008 Figure 1.23 when the global oil price escalated, placing a heavier
financial burden on the government. However, the proportion of the budget spent on subsidies
decreased to 22 per cent in 2009 and was 26 per cent in 2010. Among the subsidy components,
fuel subsidies were the most dominant Figure 1.24, followed by subsidies for electricity.