State Budget 2000




Table: Government Budget 1999/2000 and 2000* (draft)
(in billions of rupiah)

           

1999/2000

%GDP

2000

%GDP

A. DOMESTIC REVENUES AND GRANTS 129,203.8 10.6 137,695.7 15.1
  I. Domestic revenues 129,203.8 10.6 137,695.7 15.1
    1. Tax revenues 99,480.7 8.1 97,780.7 10.7
      a. Domestic revenues 93,935.9 7.7 91,881.9 10.1
        i. Income tax 45,367.0 3.7 53,018.5 5.8
          - Non oil and non gas 40,626.0 3.3 44,188.9 4.9
          - Oil and gas 4,741.0 0,4 8,829.6 1.0
        ii. Value added tax 34,597.4 2.8 26,258.4 2.9
        iii. Land and building tax 3,247.0 0.3 2,900.7 0.3
        iv. Excises 10,160.0 0.8 9,271.8 1.0
        v. Other taxes 564.5 0.0 432.5 0.0
      b. International trade taxes 5,544.8 0.5 5,898.8 0.6
        i. Import duties 2,950.3 0.2 4,976.3 0.5
        ii. Export taxes/duties 2,594.5 0.2 922.5 0.1
    2. Non-tax state receipts 29,723.1 2.4 39,915.0 4.4
      a. Resource royalties 18,119.8 1.5 30,319.0 3.3
        i. Oil and Gas 16,224.0 1.3 28,629.1 3.1
        ii. Other natural resources 1,895.8 0.2 1,689.9 0.2
      b. Dividends from state firms 4,000.0 0.3 4,000.0 0.4
      c. Other non-tax receipts 7,603.3 0.6 5,596.0 0.6
  II. GRANTS
 
            1998/1999 %GDP 2000 %GDP
B. GOVERNMENT EXPENDITURES 212,699.0 17.4 183,069.2 20.1
  I. ROUTINE EXPENDITURES 150,951.7 12.3 143,682.3 15.8
    1. Personnel expenditures 33,569.1 2.7 29,355.1 3.2
    2. Material expenditures 11,039.0 0.9 8,910.5 1.0
    3. Regional routine expenditures 19,497.6 1.6 17,105.0 1.9
    4. Interest payment 54,526.0 4.5 58,989.9 6.5
      a. Domestic debt 34,000.0 2.8 42,364.9 4.7
      b. Foreign debt 20,526.0 1.7 16,625.0 1.8
    5. Subsidies 28,020.8 2.3 26,666.4 2.9
      a. Fuel subsidies 9,985.8 0.8 18,300.0 2.0
      b. Non fuel subsidies 18,035.0 1.5 8,366.4 0.9
    6. Other routine expenditures 4,299.2 0.4 2,625.4 0.3
  II. DEVELOPMENT EXPENDITURES 61,747.3 5.0 39,386.9 4.3
    1. Rupiah financing 31,747.3 2.6 23,356.9 2.6
      a. Budget managed by regional gov. 16,129.3 1.3 15,139.4 1.7
      b. Budget managed by central govt. 15,618.0 1.3 8,217.5 0.9
    2. Project financing 30,000.0 2.5 16,030.0 1.7
C. SURPLUS/DEFICIT -83,495.2 -6.8 -45,373.5 -5.0
D. FINANCING, net (DI+DII=D=C) 83,495.2 6.8 45,373.5 5.0
  I. DOMESTIC FUNDING 30,000.0 2.5 22,189.5 2.5
    1. Sales of government stakes in commercial banks - - - -
    2. Non-banking 30,000.0 2.5 22,189.5 2.5
      a. Privatization 13,000.0 1.1 5,939.5 0.7
      b. Assets recovery by IBRA 17,000.0 1.4 16,250.0 1.8
  II. FOREIGN FINANCING 53,495.2 4.4 23,184.0 2.5
    1. Loans Drawing 77,400.0 6.3 31,780.0 3.4
      a. Program loans 47,400.0 3.9 15,750.0 1.7
      b. Project loans 30,000.0 2.5 16,030.0 1.7
    2. Loan amortization -23,904.8 -2.0 -8,596.8 -0.9
GROSS DOMESTIC PRODUCTS 1,224,200.0   910,431.7

* The 2000 state budget, called the transitional budget, starts on April 1 to December 31. The government is aligning the budget to the calendar year, instead of the traditional April 1 to March 31 fiscal year.
The budget is based on the assumption of a 3.8 percent of economic growth for the 2000 fiscal year, 4.8 percent inflation and an average oil price of US$18 per barrel. It is also based on an average exchange rate of Rp 7,000 to the dollar.

 
Table: Government Budget 1999/2000 and 2000 (draft)
(in billions of rupiah)

Description 1998-1999
(realized)
1999-2000
(estimate)
2000
(projection)
1.  Exports of goods, fob 48,354 54,151 41,552
  a.  Non oil and gas 41,068 42,940 33,549
  b.  Oil and LNG 7,286 11,211 8,003
2.  Imports of goods, fob -30,707 -32,934 -27,284
  a.  Non oil and non gas -27,870 -28,680 -24.051
  b.  Oil and LNG -2,837 -4,254 -3,233
3.  Current Account of goods 17,647 21,217 14,268
  a.  Non oil and non gas 13,198 14,260 9,498
  b.  Oil and LNG 4,449 6,957 4,770
4.  Current Account of Services -13,038 -16,479 -11,673
  a.  Non oil and non gas -10,577 -13,211 -9,305
  b.  Oil and LNG -2,461 -3,268 -2,368
5.  Current Account 4,609 4,738 2,595
  a.  Non oil and gas 2,621 1,049 0,193
  b.  Oil and LNG 1,988 3,689 2,402
6.  Special Drawing Rights 0 0 0
7.  Government Foreign Loans 15,459 8,043 6,704
  a.  Program aid and others 11,414 4,738 4,570
  b.  Project aid and others 4,045 3,274 2,134
8.  Debt Repayments (principal) -2,898 -2,597 -3,312
9.  Official Capital Movements, (6 through 8) 12,561 5,446 3,392
10.  Private Capital Movements -9,643 -8,922 -4,366
11.  Capital Transactions (9+10) 2,918 -3,476 -974
12.  Total (5+11) 7,527 1,262 1,621
13.  Errors and Omissions 1,707 1,581 0
14.  Monetary Movements -9,234 -2,843 -1,621

  Current Account/GDP (%) 4.1 3.5 2.2
  DSR National 57.4 47.0 47.2

* LNG = liquefied natural gas