Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
Strengthening Spending Better
Focus on priority spending, based on results, and improving the quality of fiscal decentralization
Government Spending
16.8
17.0
16.4
14.8
14.9
14.6
Policies on Central Government Spending 2023
1. Improving HR to be more skillful, productive, and competitive by advancing education
quality, transforming health system, and accelerating social protection system toward
lifelong and adaptive social protection;
14,6
3169.1
3061,2
2786.4
2595.5
2.
799.1
2309.3
2213.1
814,7
2007.4
785.7
3.
Acceleration of infrastructure development which support economic transformation;
Supporting the revitalization of value-added and export-oriented industries;
762.5
757.8
813.0
742.0
2370.0
2246,5
1833.0
2000.7
1455.3
1496.3
1265.4
4. Supporting green technology adaptation, renewable energy development and energy
transition;
5. Improving the accuracy of targeting the distribution of social assistance programs and
subsidies;
6.
7.
Improving the effectiveness of the implementation of bureaucratic reform;
Continuing the efficiency of spending on non-priority goods;
2017
2018
2019
2020
2021
Outlook
2022
Budget
2023
8.
Improving the synchronization and sharpening of government aid spending;
CG Spending (T Rp)
Transfer-TKD (T Rp)
Gov't Spending (% GDP)
9.
Anticipating and mitigating fiscal risks in the implementation of the APBN, disasters,
and other urgent activities.
1.
2345
Policies on Transfer to Region (TKD) 2023
Increasing the synergy of central and regional fiscal policies as well as harmonization of central and regional expenditures;
Strengthening the quality of directed, measurable, accountable and transparent transfer TKD management;
Strengthening the use of TKD to support priority sectors (health, education, social protection, and infrastructure);
Improving the local taxation power;
Utilization of financing instruments to overcome limited fiscal capacity and the need for accelerated development through: a) creative financing; b) integrated
funding; and c) sustainable financing development.
Source: Ministry of Finance
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