Tuesday, March 2nd, 2010 11:23 WIB
The government provide fiscal risk reserve for APBN (National Budget) 2010 amount Rp 3 trillion. That amount is lower than fiscal risk reserve in APBN 2009 which is Rp 8 trillion.
Sri Mulyani Indrawati, who is the Ministry of Financial, said that the decline of fiscal risk reserve was declined because deviation between prediction and realization in 2010 decrease, which is 2, 9 percent. She said that the reserve is used if the assumption which was fixed by the government is different with the reality which happens during the estimate going on. This case especially occurs in subsidy expenditure post.
In APBNP 2010, the government decided the price of oil become US$ 77 per barrel from the assumption before which is US$ 65 per barrel. Because of this increase, the government get addition amount Rp 24 trillion. However, the addition was spent for subsidy which is increasing Rp 44 trillion.
“With the assumption of oil price increase from US$ 65 to US$ 77, there is income addition around Rp 24 trillion. There is an increase, but it is spend for BBM (refined fuel oil) and electricity subsidy. From oil and natural gas and PNBP income tax,” she explained.