Friday, September 15, 2017

Lampung Province Government Budget of 2016

By on 3:27 AM

Photo credit: Lenteraswara Lampung

Lampung Province Government Budget of 2016

Government’s budget in Lampung province for the year of 2016 amounted to 14.80 trillion Rupiahs consisting of Lampung’s Local Budget worth 4.65 trillion Rupiahs (31.42%), Local Budget for Regencies/Cities of Lampung Province worth 9.5 trillion Rupiahs (64.22%), and National Budget worth 0.64 trillion Rupiah ( 4.36%).

Of the above mentioned budget, civil servants’ salaries still dominate, especially for civil servants’ salaries in regencies/cities. Amidst limited budget allocation, local governments are committed to focus on productive expenditures. This was shown by the increase in capital budgeting segment.
Realization of budget expenditure in the fourth quarter of 2016 was relatively better compared with that in the third quarter of 2016 in line with disbursement of General Allocation of Fund (DAU), which was previously delayed especially in Local Budget of Lampung Province government. 

Although the total realization of expenditure was higher, the budget absorption was not optimized in each regencies/cities of Lampung province, which was caused – among other things – by the delay of fiscal balance transfer disbursement. Overall, increasing dependency of Lampung Province budget on Central Government was implicated in the limitation of local government’s discretion in making innovation to  accelerate local economic growth.


Source: www.bi.go.id

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