DISWAY DAILY - Today the Surabaya City Government APBD 2022 will be dissected. The focus of the budget and expenditure of the City Government next year is the economic recovery after the COVID-19. The shopping target was set quite large, Rp 10.17 trillion. Although, the revenue target is "only" Rp. 9.30 trillion.

Looking at the ABPD's posture, it appears that the city government will aggressively carry out recovery in the fields of education, health and the economy. It doesn't matter that their income is not enough to cover their spending, so they experience a budget deficit. In fact, the planned deficit reached IDR 860 billion.

The concept of a budget deficit is the same as that applied by the government. This year, for example, the government projects a deficit of up to 5.7 percent of GDP. Data from the Ministry of Finance shows that as of last September, the budget deficit had reached IDR 452 trillion. State revenue was only IDR 1,354 trillion, while state expenditure until last September reached IDR 1,806.8 trillion.

More details: https://www.disway.id/r/3333/defisit-anggaran