The Minister of Finance says the management of the 2017 budget will be the best

JAKARTA, KOMPAS.com – Finance Minister Sri Mulyani Indrawati says APBN management in 2017 is the best of previous years

Plenary session in the House of Representatives, Tuesday (3/7/2018) Finance Minister mentioned, there are several indicators that show that the management of the state budget in 2017 to be the best.

The indicators in question include The economy of Indonesia in 2017 increased by 5.07%. It is higher than 2016, only 5.03%.

Economic growth in 2017 has become the fastest growth in the last three years, although still under the badumption of economic growth of 5.2%.

Then the gross domestic product (at the current price) 2017 reached 13,588.8 trillion rupiahs. Compared to the year 2016 which stood at 12,406.8 trillion Rp.

Compared with inflation, in 2017 the government managed to maintain at 3.61%, or below the inflation target set in APBN-P 2017 which is 4.3%

The average exchange rate of the rupee in 2017 is 13,384 Rp per US dollar. This is lower than the badumption in APBN-P of Rp 13,400 per US dollar. The exchange rate of the rupee is maintained, although the Fed has twice raised the Fed's key rate (FFR) in 2017.

The average realization of the 3-month treasury bills in 2017 5 0 percent or less than the APBN-P target at 5.2 percent. The average interest rate is also better than the average interest rate in 2016 that was recorded at 5.7%.

In addition, with regard to the oil and gas lift in 2017, we can say that the average achievement of oil lifting in 2017 reached 804,000 barrels per day or 98.7% of the target in APBN -P. The completion of natural gas lifting in 2017 reached 1,142 thousand barrels of oil equivalent per day, or 99.3% of APBN-P's target. The completion of oil and gas launches in 2017 is still below target. even though the government continues to reduce production of oil and natural gas

The government continues to accelerate the completion of the project so that some projects start in 2017.

In accordance with Government commitment, the implementation of APBN FY 2017 should be better. . The implementation of APBN FY 2017 or the management of the national economy throughout 2017 shows positive results. We can therefore say that the year 2017 is the best management year APBN