Ministry’s 2022 budget realization reaches Rp47.79 trillion as of Aug.

The Public Works and Public Housing Ministry reported that realization of the 2022 budget until August 23 had reached Rp47.79 trillion, or 41.07 percent of the total budget ceiling, with physical progress of 46.94 percent.

Public Works and Public Housing Minister Basuki Hadimuljono stated that his administration was committed to supporting the use of domestic products through goods and services that would make up at least 90 percent of the budget ceiling. As of mid-August 2022, the realization of spending on the use of domestic products was recorded at Rp44.61 trillion, or 42.99 percent of the targeted Rp103.78 trillion.

“Hence, of the Rp116.37-trillion budget, around Rp103.78 trillion is for spending on domestic products,” Minister Hadimuljono remarked during a meeting with Commission V of the House of Representatives, as accessed here on Thursday.

The ministry has been pushing for the realization of the 2022 budget through efforts to expedite the goods and services procurement process for the Nusantara Capital City.

Other goals being pursued include completion of administration and budget revisions, including for the new capital city’s development, the implementation of work according to targets and deadlines for completion by increasing supervision, resolving land problems, completion of labor-intensive activities in accordance with targets and goals, and utilization of potential unabsorbed ceilings for priority and urgent programs.

The initial ceiling of the ministry in 2022 was Rp100.59 trillion and was currently Rp116.37 trillion due to an increase in ceiling.

The increase included the launch of sharia complaints, amounting to Rp2.29 trillion, which were allocated for construction of the Slinga Irrigation Area, improvement of the Air Manjuto Irrigation Area, construction of the Ancol Sentiong pumping station, and construction of raw water facility for the Cikalong reservoir, among others.

Moreover, foreign forest loans amounting to Rp5.01 trillion were for irrigation rehabilitation loans, among others. The additional amount was also sourced from another Rp8.48 trillion to support international events, such as MotoGP, G20 Summit, and ASEAN Summit, amounting to Rp2.67 trillion.

The other allocation included some Rp710 billion for handling natural disasters in East Java, West Sulawesi, East Nusa Tenggara, West Nusa Tenggara, and Banten. Some Rp5.10 trillion was also allocated for the development of Nusantara City.

Source: Antara News

Posted Under Uncategorized