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President Jokowi reiterated the importance of spending efficiency in the 2017 state budget, stressing that budget allocations must prioritize capital expenditure. He instructed all ministries and agencies to tighten budgets on operational costs and procurements. Jokowi said ministries must scrutinize budget items that are unreasonable or too high. He further said that in formulating macroeconomic assumptions, ministers and agencies must consider domestic and global economic conditions, such as the potential

Author

Andre Sufadia Simorangkir

Language

EN