Early Budgetary Changes Indicate Politicization

Budgetary policies are especially vulnerable to politicization during this election year, where people in power can intervene.

Maria Elena & Tegar Arief Fadly

7 Feb 2024 - 20.31
A-
A+
Early Budgetary Changes Indicate Politicization

Illustration - President Jokowi handed over food aid or social assistance (Bansos) from the CBP government's rice reserves to the beneficiary communities at the Bulog Meger Warehouse, Klaten Regency, Central Java Province./Bisnis

Bisnis, JAKARTA — Policymakers have again been shown to make maneuvers in budgetary policies. After previously extending the social assistance period, whose funding source is still in question, fertilizer subsidies now enter the stage. Undeniably, the public suspects elements of politicization.

The subsidy allocation is set to swell after the government decided to add a fertilizer subsidy worth IDR14 trillion this year. This decision will simultaneously boost spending allocations for social protection programs, following the government's recent decision to extend social assistance (bansos) until mid-year.

The budget allocation for fertilizer subsidies in the 2024 state budget is recorded at IDR26.6 trillion, thus increasing total disbursements for this year to IDR40.6 trillion. However, policymakers have not clarified the source of the allocation’s funding.

Coordinating Economic Minister Airlangga Hartarto, who announced the decision, only said Finance Minister Sri Mulyani Indrawati would make the adjustments. However, several officials within fiscal authorities have still not responded to inquiries regarding the source of the IDR14 trillion funding.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Yusuf Waluyo Jati
Jelajahi peluang bisnis terpercaya dengan berlangganan
Temukan keleluasaan dan keuntungan maksimal dengan pilihan paket berlangganan eksklusif ini
BERLANGGANAN SEKARANG
Tidak Memerlukan Komitmen, Batalkan Kapan Saja
Penawaran terbatas. Ini adalah penawaran untuk Langganan Akses Digital Dasar. Metode pembayaran Anda secara otomatis akan ditagih di muka setiap empat minggu. Anda akan dikenai tarif penawaran perkenalan setiap empat minggu untuk periode perkenalan selama satu tahun, dan setelah itu akan dikenakan tarif standar setiap empat minggu hingga Anda membatalkan. Semua langganan diperpanjang secara otomatis. Anda bisa membatalkannya kapan saja. Pembatalan mulai berlaku pada awal siklus penagihan Anda berikutnya. Langganan Akses Digital Dasar tidak termasuk edisi. Pembatasan dan pajak lain mungkin berlaku. Penawaran dan harga dapat berubah tanpa pemberitahuan.
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.