Funding development - magz.tempo.co

Funding development

Tuesday, August 8 2017 00:00 WIB

When it comes to infrastructure spending, the Indonesian government should ideally invest 5 percent of the country's gross domestic product (GDP) on infrastructure development. However, infrastructure spending for 2016 stood only at Rp269.1 billion, or just 2.1 percent of GDP totaling Rp12,406 trillion. This occurred due to the rise in GDP not being accompanied by state revenue increase, leaving insufficient funds for infrastructure. Incurring debts, in the end, finally became the solution to push for multiyear infrastructure projects. Indonesia in fact ranks below Vietnam on the Southeast Asian Nations' Infrastructure Index. Are Indonesia's infrastructure debts at a safe level?

Funding development

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  • When it comes to infrastructure spending, the Indonesian government should ideally invest 5 percent of the country's gross domestic product (GDP) on infrastructure development. However, infrastructure spending for 2016 stood only at Rp269.1 billion, or just 2.1 percent of GDP totaling Rp12,406 trillion. This occurred due to the rise in GDP not being accompanied by state revenue increase, leaving insufficient funds for infrastructure. Incurring deb

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