Ministry of Finance of Republic of Indonesia : Factors Supporting Changes in APBN 2015

Jakarta, 20/01/2015 MoF - Year of 2015 is the first year for the implementation of the vision, mission, and the priority agenda of President Joko Widodo, which are embodied in the concept of Nawacita and Trisakti. As an initial measure of the new government, it is important to take breakthrough measures in fiscal policy. To that end, the new government has just accelerated the submission of the Draft of Revised State Budget 2015.

There are several factors that support the changes in the State Budget 2015. First, the changes in points of the fiscal policy. Second, the implementation of the priority development programs to accommodate the new excellent initiatives as the elaboration and implementation of the vision and mission of the new government which is embodied in the draft of Nawacita and Trisakti. Furthermore, the existence of a significant deviation between the basic macroeconomic assumptions set in the State Budget 2015 to the latest outlook (Revised State Budget 2015). Finally, the deviation of the basic macroeconomic assumptions will affect the posture of State Budget 2015 both on revenue, expenditure, and budget financing.

Previously, The President Susilo Bambang Yudhoyono has set the State Budget 2015 as a baseline budget, or the budget allocation with the calculation of the basic needs of the government administration and service to the community. While the new government could design the program/activities. (as)