The Jakarta Development Planning Board (Bappeda) has estimated that the city's revised budget this year will sit at Rp 72 trillion (US$5.4 billion), an increase from its initial estimate of Rp 70 trillion.
he Jakarta Development Planning Board (Bappeda) has estimated that the city's revised budget this year will sit at Rp 72 trillion (US$5.4 billion), an increase from its initial estimate of Rp 70 trillion.
Bappeda head Tuty Kusumawati said unused funds in 2016 resulted in the Rp 2 trillion increase. These funds would be added to the 2017 revised budget, she said.
However, she emphasized that this was not the official estimate as executives had yet to consult the City Council on the figure.
"The amount could be higher or lower. It depends on further deliberation," she said as quoted by beritajakarta.id on Friday.
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