STATE BUDGET 2003

 

Proposed Budget

Budget

Total revenue and grants
I. Domestic revenue
   1. Tax revenue
      a. Domestic taxes
          i Income tax
            1. Oil and gas
            2. Non-oil
          ii. Value added tax
          iii. Land and building tax
          iv. Duties on land and building transfer
          v. Excise
          vi. Other
        b. International trade taxes
          i. Import duties
          ii. Export duties
    2. Non tax revenue
        a. Natural resources
          i. Oil
          ii. Gas
          iii. Mining
          iv. Forestry
          v. Fishery
        b. Profit transfer from SOEs
        c. Others 3)
II. Grants

Total expenditure
I. Central government expenditure
    1 Current expenditure
        a. Personnel
        b. Good and services
        c. Interest Payment
          i. Domestic interest
          ii. External interest
        d. Subsidies
          i. Oil subsidies
          ii. Non oil subsidies
        e. Other current expenditure
2 Development expenditure
        a. Rupiah financing
        b. Project aid
II. Balance budget
    1 Revenue sharing
    2 General allocation fund
    3 Specific allocation fund
III Special outonomy
Primary balance {A-(B-BI1.c)}
Overall balance (A - B)
Financing
I. Domestic financing
    1. Domestic bank financing
    2. Non domestic bank financing
        a. Privatization proceeds
        b. Assets recovery
        c. Government Bonds
          i. Government bond issues
          ii. Amortization on domestic bond
          iii Government bonds buy back
        d. Government Bonds
II. Foreign financing
    1. Withdrawing
        a. Program aid
        b. Project aid
    2. Amortization

327,834.2
327,834.2
260,785.4
246,528.2
124,704.1
12,550.7
112,153.4
82,132.9
7,462.7
2,410.7
27,645.6
2,172.2
14,257.2
13,822.8
434.4
67,048.8
49,564.3
33,109.6
13,494.4
1,482.6
1,186.0
291.7
8,512.1
8,972.4
-

354,097.5
240,881.2
186,381.4
51,925.0
15,387.4
80,887.4
55,094.3
25,793.1
25,339.4
13,559.0
11,780.4
12,842.2
54,499.8
36,229.8
18,270.0
103,591.4
25,853.1
75,414.3
2,324.0
9,624.9
54,624.1
(26,263.3)
26,263.3
16,851.6
8,500.0
8,351.6
8,000.0
12,000.0
(11,648.4)
7,000.0
(7,465.5)
(11,182.9)
-
9,411.7
26,100.0
7,830.0
18,270.0
(16,688.3)
 

336,155.5
336,155.5
254,140.2
241,742.4
120,924.8
14,775.7
106,149.1
80,789.9
7,523.6
2,401.7
27,945.6
2,156.8
12,397.8
11,960.3
437.5
82,015.3
59,395.5
39,910.5
16,284.5
1,482.6
1,267.9
450.0
10,414.2
12,205.6
-

370,591.8
253,714.1
188,584.3
50,240.5
15,427.1
81,975.2
55,180.2
26,795.0
25,465.3
13,210.0
12,255.3
15,476.2
65,129.8
46,229.8
18,900.0
107,490.5
27,895.9
76,978.0
2,616.6
9,387.2
47,538.9
(34,436.3)
34,436.3
22,450.1
8,500.0
13,950.1
8,000.0
18,000.0
(12,049.9)
7,700.0
(6,165.5)
(13,584.4)
-
11,986.2
29,250.0
10,350.0
18,900.0
(17,263.8)
 

 Economic Assumptions:

 

 

Gross domestic product (billion Rp)
Economic growth rate (%)
Inflation rate (%)
Exchange rate (Rp/US$1)
Oil price (US$/barrel)
Oil production (MBCD)
Interest rate of SBI 3 month (average)

1,955,469
5.0
8.0
8,700
20.5
1,200.0
13.0

1,940,001
4.0
9.0
9,000
22.0
1,270.0
13.0

         Source: Department of Finance