
This means it has reached 75.6% from the target set up by the finance ministry.
The position of deficit currently is 1.79% from gross domestic product. It is better than the period of june which was 1.83% from gross domestic product, said finance minister sri mulyani.
Sri mulyani explained that in order to overcome the deficit government uses the front loading financing the deficit. It is aim to restrain the cash flow of government due to the below expectation of revenue in month of august 2016. Meanwhile the deficit performance in september is bolstered by tax amnesty program of which total of ransom fund gained in the first period which ended in september 30th, 2016 is Rp 92 trillion.
The tax amnesty also supports the state revenue, said this ex managing director of world bank. The total of realization in september is Rp 1,081.2 trillion or 60.5% from target of Rp 1,786 trillion. The realization of tax revenue is Rp 896.1 trillion or 58.2% from target Rp 1,539 trillion. Non oil income tax revenue reaches Rp 183.8 trillion or 75% of the target.
While the realization of government expenditure in september is Rp 767.7 trillion or 59% from target Rp 1,306.7 trillion. The ministry spending is Rp 482.6 trillion while fund transferred to the region and rural funds is RP 537.8 trillion.
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