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Jakarta Post

City Council, administration look to speed up 2020 budget deliberations

  • Sausan Atika

    The Jakarta Post

Jakarta   /   Tue, December 3 2019   /  01:07 am

The Jakarta administration and the City Council have agreed to set next year’s city budget at Rp 87.9 trillion (US$6.25 billion), and will speed up deliberations to endorse the budget before year-end after failing to meet the deadline set by the Home Ministry.The budget priorities and ceiling (KUA-PPAS) for next year was increased by 1.2 percent from this year’s revised budget of Rp 86.89 trillion.The administration initially proposed a KUA-PPAS of Rp 95 trillion in July to the council. However, deliberations were delayed following the inauguration of new councillors for the 2019 to 2024 term.The administration proposed a new budget ceiling of Rp 89 trillion in the first budget deliberation meeting in October when the city faced a potential budget deficit.The city was facing a budget deficit because Rp 6.39 trillion in profit-sharing funds had yet to be disbursed ...