12
Source: Ministry of Finance
Fiscal consolidation and sustainability Outperformed deficit at 1.0 GDP,
below target of 1.3 Total debtGDP ratio at 39 less than
estimated 43.1 Capital spending exceeded initial budget
Budget financing to rely more on domestic
sources primarily government debt Increase expenditures for the regions
2006 State Budget
IDR trillion Realization
of GDP Total revenues grants
Rp. 637.8 19.1
Tax revenues 409
12.3 Non-tax revenues
226.9 6.8
Grant 1.9
0.1 Expenditures
670.6 20.1
Central Government 444.2
13.3 Transfer to region
226.4 6.8
Capital Spending 58.9
1.8 Overall balance deficit
32.8 1.0
Financing IDR trillion
Realization of GDP
Government bank account Rp. 15.3
0.5 Privatization proceeds, net
and asset disposal 3.1
0.1 Government bonds, net
35.9 1.2
Foreign Financing, net 19.3
0.6 Gross drawing
33.4 1.0
Amortizations 52.7
1.7 Total financing
32.9 1.1
Assumptions Realizations
GDP growth 5.80
5.48 Inflation
8.0 6.6
Exchange rate USDIDR 9,300
9,164 SBI 3 months
12.0 11.7
Crude oil price USDbbl 64.0
63.8 Crude oil production mm bblday
1000 959
13
Source: Ministry of Finance
Aggressive target of GDP growth of 6.3 Based on conservative oil price assumption
Target deficit at 1.1 of GDP and 37 debtGDP
Budget financing to rely more on domestic sources, primarily government debt
Increase expenditures for the regions Provide risk sharing scheme for PPP projects
Realization 2007 State Budget up to Q1
Budget Government bank
account 12.96
0.131 1
Privatization Asset disposal
3.5 0.192
4 Government bonds, net
40.6 27.2
66.9 Foreign Financing
-14.6 -8.7
Gross drawing 40.3
0.219 0.54
Amortizations -54.8
-9.5 17.3
Total financing 40.5
18.3 45.1
Financing In Trillion Rupiah
Realizations of
Budget
In Trillion Rupiah Budget
Realizations of
Budget Total revenues grants
723.1 103.7
14.6 Tax revenues
509.5 91.4
18 Non-tax revenues
210.9 12.3
5.8 Grant
2.7 0.21
0.8 Expenditures
763.6 104.8
13.7 Central Government
504.8 49.7
9.8 Capital Spending
73.1 2.6
3.6 Transfer to region
258.8 55.1
21.3 Overall balance deficit
