Sunday, April 10, 2011

Rp 16.8 Trillion of State Budget Saved

Presidential instruction No.7/2011 on non-priority budget savings has yielded results. Since it was issued on March 15, the government has succeeded in saving Rp 16.8 trillion of the National Budget.

The government will ask the House of Representatives’ (DPR) approval for the savings plan. “I really hope that the DPR will have share the government’s view in terms of efficiency and optimization,” said President Susilo Bambang Yudhoyono at a limited ministerial meeting at the Presidential office yesterday.

The president said that the money will be allocated for poverty eradication and as reserves to anticipate the rise of energy and global food prices. In the future, the government will also cut a bigger slice of the administration budget to be allocated for capital spending.

Yudhoyono regretted the lack of optimum administration, efficiency and budget management. For example, he was concerned about excess spending for official trips and seminars.

Another extravagance, said the President, was the procurement of officials vehicles. The president said that igf there was no need, there should be no buying. The same applies to office buildings and officials’ housing.

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