medcom.id, Jakarta: The House of Representatives finally passed the revised 2016 state budget during a plenary meeting on Tuesday, June 28.
The house also passed tax amnesty bill in the meeting. The policy is expected to bring additional revenues of Rp165 trillion.
The revised state budget assumes the economy will grow by 5.2 percent while inflation will be at four percent.
State revenue increases Rp51.7 trillion to Rp1,786.2 trillion. In the other hand, state expenditure is at Rp2,082.9 trillion.
The budget deficit widens 2.35 percent of the GDP. It will be funded by loans.
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