Commission XI of Househad
approved Bank Indonesia’s Annual Budget 2014 in accordance with report of
Commission XI. Chairman of Commission VI of House, Olly Dondokambey said, the ratification
Annual Budget 2014 was expected to inject positive stimulus to BI’s performance
in stabilizing national economy through monetary policy. The approval was
conclusion of technical meeting between Commission XI of House with Governor of
BI Agus Matrowardojo and his management team in Parliament Building.
The Working Committee XI of House reported that by 2014
operational budget income of Bank Indonesia was allocated at Rp12.6 trillion,
or down by 24.6% against 2013 at Rp16.7 trillion. Meanwhile operational budget
expenditure rose to Rp4.8 trillion in 2014, an increase of 23.55 percent
against 2013 at Rp3.8 trillion.
The breakdown of BI’s operational income was: income from
forex asset management Rp12 trillion, invoice of BI’s ex-liquidation credit was
Rp24 billion, and Rp200 billion from administration income. The breakdown of
Logistics Expenditure Rp 668 billion, expenditure for operational budget for
supporting activities Rp452 billion, Social Program Expenditure Fund and
empowerment of the real sector Rp154 billion; budget for tax expenditure
consisting of tax Rp591 billion and Reserve Budget Rp140 billion.
Commission
XI of House approved management expenses for 1,159 BI employees assigned to the
Monetary Service Authority with budget amounting to Rp737 billion. They also approved
budget for recruitment of 989 new BI employees in 2014 with fund amounting to
Rp198 billion. In addition to that Commission XI of House had also decided to
approve ATBI which included main performance indicator [IKU] financing and
operations including IKU of the Board of Governors.
Business News - December 11, 2013
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