TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Public Works Ministry spends only 12.38% of budget
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
President Joko "Jokowi" Widodo (center), Public Works and Public Housing Minister Basuki Hadimuljono (left) and Transportation Minister Budi Karya Sumadi inspect the Tanjung Priok toll road on the sidelines of the toll road's official opening on April 15. (Antara/Puspa Perwitasari)
T
he Public Works and Public Housing Ministry acknowledged on Thursday it had not performed its best as it had only spent 12.38 percent of its allocation from the 2017 state budget.
The ministry is responsible for the development of most state infrastructure projects.
The ministry was allocated Rp 101.4 trillion (US$7.6 billion) this year, slightly higher than the Rp 91.21 trillion allocated in the 2016 state budget.
Ministry secretary-general Anita Firmanti, however, expressed optimism that in the coming months her office would spend much more as a result of an increase in construction activities on infrastructure projects.
(Read also: Infrastructure-related asset-backed securities need clear regulations)
“This [spending] is better than last year. It’s still early in the year. Some companies have not taken their down payments for the projects,” she said on Thursday, adding that it was normal for spending to be slow early in the year and it would be different from mid- to end-year.
She said the ministry would closely monitor infrastructure projects to ensure they adhered to deadlines set by the government. (bbn)
