Government Plans To Increase Rp 467 Trillion Debt To Push State Budget

In the drafting of the Revised State Budget Revenue and Expenditure (RAPBNP) budget year 2017, it is estimated that the deficit is almost 3 percent. Based on ministry finance data cited on July 7, 2017, the deficit has reached 2.92 percent of Gross Domestic Product, the estimate may decrease to 2.67 percent if there is a natural savings on ministry or agency spending, special allocation funds (DAK ) And village funds are estimated to have a deficit of 2.92 percent this year, the government will also increase its debt repayment to patch up the budget deficit. The securities to be issued by the government are between Rp.433.0 trillion to Rp.467.3 trillion in 2017. This amount will certainly be up from the target set.