STATE BUDGET POSTURE

Revenue Expenditure Surplus/Deficit

1,650,564 1,777,183 1,806,515 1,864,275 2,111,364 2,204,384

1,438,891 1,550,491 1,508,020 1,555,934 1,714,128 1,878,447

(211,672.60) (226,692.04) (298,494.83) (308,340.94) (397,235.70) (325,936.60)

2013 2014 2015 2016 2017 2018
 Percentage of Deficit to GDP
3.50% The increase of budget deficit (especially for year
of 2015) is caused by the decline of total states
3.00% 2.92% revenue (both from tax revenue and from non tax
revenue)
2.50% 2.59% 2.49%
2.33%
2.18% 2.19%
2.00%

1.50%

1.00%

0.50%

0.00%
2013 2014 2015 2016 2017 2018
 Revenue Classification and Contribution to Total
Revenue
100%
2014 Decrease was caused by slower
90% economic growth
80% 2015 significant increase was due to
70% President Jokowis request to support his
program
60% In 2016 the still high tax target was
50% increased in response to tax amnesty
40% program
In 2017, the last period of tax amnesty and
30% pricing problem of oil and gas commodity
20% made the government cut the target
10% In 2018, the government chose to increase
the budget as there will be VAT tax
0% contribution increase caused by stronger
2013 2014 2015 2016 2017 2018 rate of rupiah and oil and gas industry cost
%Tax Rev % Non Tax Rev % Grant recovery
 % Tax Revenue Contribution to Total Revenue
% Tax Rev per Total Rev
90%
88%
86% 86% 86%
85% 85%
84%
82%
80%
78%
76% 77% 76%
74%
72%
70%
2013 2014 2015 2016 2017 2018
 Tax Classification and Contribution to Total Tax Revenue

100% The Oil and Gas Income Tax is having smaller

contribution due to pricing problems of oil
80%
(ICP), the lifting of oil that decreasing, and gas
60% lifting also having the same problem
The Non Oil and Gas Income Tax is having the
40% biggest proportion as the trend of increase in
2013 to 2015. In 2016 there was a larger
20% increase due to amnesty program. In the
following year though, the proportion become
0%
smaller since the amnesty is over
2013 2014 2015 2016 2017 2018 The VAT tax revenue was bigger in proportion
% IT-Oil&Gas % IT-NonOil&Gas from 2013 through 2015 because it was
% VAT % PropTax calculated in increasing trend from previous
year. However, starting in 2016 the VAT
% Misc Tax % Excise decreasing gradually because of the change in
% Import Duty % Export Duty the baseline.
 Expenditure Classified by Function
Expenditure Classified by Function The General Service budget allocation is
decreasing because of government activity
2018 saving, change of subsidy scheme, and
reclassification
2017
The economy expenses is increasing due to
2016 economic growth program by the President
such as infrastructure supporting project
2015
The social security allocation is getting bigger
2014 since 2015. This was mainly because of
national family saving program, SME
2013 financing, and poor family subsidy
Health budget allocation also having an
0% 20% 40% 60% 80% 100%
increase since 2015 to support national
%General Service %Defence %Orderliness
healthcare program.
%Economy %Environmental %Housing
%Health %Tourism %Religion
% Education %Social Security
 Budget Financing

140%
The increase in Treasury Bond is caused
120% by cash needs to finance expenditure in
100%
the beginning of each year. As we can
infer from previous slide, theres
80% increase in government expenditure
each year, so it causes higher treasury
60%
bond needs.
40%

20%

0%
2013 2014 2015 2016
-20%
%SBN %Domestic Loan %Foreign Loan
Total Loan per GDP
Total loan per GDP tends to
4.0%
increase due to the increase of
budget deficit each year 3.5%
3.37%
3.0%
2.79%
2.61% 2.70%
2.5% 2.47%

2.0%

1.5%

1.0%

0.5%

0.0%
2013 2014 2015 2016 2017