Rp 14.6 Trillion Funds Being Stalled, City Focuses on Accelerating Absorption
Reported by Dessy Suciati | Translated by Rizky Mawardi
Jakarta Provincial Government is comitted to manage the budget transparently and achieve fiscal efficiency to improve public services.
related to the spending patterns
Assistant for Economics and Finance to the Jakarta Regional Secretary, Suharini Eliawati
explained that the Jakarta Provincial Government's intention to accumulate these funds was not to profit from interest. She said this was due to the regional government's spending pattern, which tends to be concentrated and experiences a surge in payments in the last quarter of each year.
No Reduction in KJMU Recipients, Marullah Affirms"This is related to the spending patterns of regional governments, including the Jakarta Provincial Government, where payment is accelerated in the last quarter," she said, Wednesday (10/22).
Eli added that specifically for the Jakarta Provincial Government, budget surplus (SiLPA) shows a high figure until November and will decrease drastically in December each year, along with payments that have increased significantly in the last two months.
"As an illustration, payments in December 2023 reached Rp 16 trillion and in December 2024 reached Rp 18 trillion," she added.
Jakarta Governor, Pramono Anung has encouraged regional apparatus to accelerate budget absorption, especially priority spending with large allocations, while still paying attention to good governance.
Second and third quarters slowdown in budget absorption occurred due to adjustments to the quick win program through the 2025 Revised Regional Budget and efforts to improve the governance of goods and services procurement in accordance with the principles of good governance and better spending (benefit).
The Jakarta Provincial Government is committed to boosting budget absorption in the fourth quarter through quality spending that impacts the public interest and contributes to accelerating the national economy. The Jakarta Provincial Government will also continue to cooperate with the Ministry of Finance, the Ministry of Home Affairs, and other stakeholders.
