Indonesia : Public Spending in a Time of Change

The study identifies strategic priorities for restoring sound public finances, emphasizing the need to maintain fiscal sustainability, under a constrained budget, and the need to improve the processes for making budgetary allocations, and budget im...

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Bibliographic Details
Main Author:	World Bank
Format:	Country Economic Memorandum
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ADB ALM ANTI-CORRUPTION APPROPRIATIONS AUDITING AUDITORS AUDITS AUTHORITY AUTHORIZATION AUTONOMY BANK OF INDONESIA BANK RECAPITALIZATION BANK RESTRUCTURING BANKING SECTOR BASE YEAR BONDS BUDGET DEFICIT BUDGET DEFICITS BUDGET FORMULATION BUDGET LIABILITIES BUDGET MANAGEMENT BUDGET PROCESS BUDGET SYSTEM BUDGETARY ALLOCATION BUDGETARY ALLOCATIONS BUDGETARY INSTITUTIONS BUDGETARY PROCESSES BUDGETARY SUPPORT CAPITAL GOODS CENTRAL GOVERNMENT CITIZENS CIVIL SERVICE COMPLEX TASK CORRUPTION CURRENT EXPENDITURES DEBT MANAGEMENT DEBT SERVICE DECENTRALIZATION PROCESS DECISION TREE DECISION- MAKING DECISION-MAKING DEMOCRACY DEVELOPMENT PROJECTS DISCLOSURE ECONOMIC COOPERATION ECONOMIC GROWTH ECONOMIC RECOVERY ELECTRICITY EMPLOYMENT EQUALIZATION EXCHANGE RATE EXCHANGE RATES EXECUTION EXPENDITURE ASSIGNMENTS EXPENDITURE RESPONSIBILITIES FINANCIAL MANAGEMENT FINANCIAL MARKETS FISCAL FISCAL BALANCE FISCAL CONDITIONS FISCAL DECENTRALIZATION FISCAL DEFICIT FISCAL DEFICITS FISCAL DISCIPLINE FISCAL POLICY FISCAL PRESSURE FISCAL PRESSURES FISCAL SITUATION FISCAL STANCE FISCAL SUSTAINABILITY FISCAL TRANSPARENCY FISCAL YEAR FOREIGN DEBT FOREIGN EXCHANGE GDP GOVERNMENT AGENCIES GOVERNMENT BORROWING GOVERNMENT DEBT GOVERNMENT EXPENDITURES GOVERNMENT RESOURCES GOVERNMENT REVENUES GOVERNMENT SAVINGS GOVERNMENT SUBSIDIES GROSS DOMESTIC PRODUCT HARD BUDGET CONSTRAINTS HEALTH SPENDING HOUSING INCOME INCOME SUPPORT INFLATION INFORMATION DISSEMINATION INSTITUTIONAL ARRANGEMENTS INTEREST INCOME INTEREST RATE INTEREST RATES INTERNAL AUDIT INVENTORY LAWS LEVELS OF GOVERNMENT LIABILITY MANAGEMENT LOCAL GOVERNMENT LOCAL GOVERNMENT BORROWING LOCAL TAX MACROECONOMIC STABILIZATION MANDATES MEMBERS OF PARLIAMENT MINISTERS MINISTRIES OF FINANCE MINISTRY OF FINANCE MONETARY POLICY NATIONAL PLANNING NATIONS OIL OIL PRICES POLICY DECISIONS POLITICIANS PRICE FLUCTUATIONS PRIVATE SECTOR PRIVATIZATION PRODUCERS PRODUCTION FUNCTION PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCES PUBLIC FUNDS PUBLIC MANAGEMENT PUBLIC POLICY PUBLIC SECTOR PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICE PROVISION PUBLIC SERVICES PUBLIC SPENDING PUBLIC SPENDING PROGRAMS REPRESENTATIVES RESOURCE ALLOCATION RESOURCE MOBILIZATION RISK MANAGEMENT ROADS SAVINGS ACCOUNTS SOCIAL SAFETY SOCIAL SAFETY NET SOCIAL SAFETY NETS SOCIAL SECTORS STATE BUDGET TAX ADMINISTRATION TAX EXEMPTIONS TAX POLICY TAX REVENUES TECHNICAL ASSISTANCE TECHNOCRATS TIMBER TOTAL FACTOR PRODUCTIVITY TREASURY VALUE ADDED WAGES FISCAL POLICY FINANCIAL CRISES DEBT FINANCING FISCAL ADJUSTMENTS DECENTRALIZATION IN GOVERNMENT REVENUE MEASURES PUBLIC FINANCE BUDGET CONTROL BANKING CRISES DOMESTIC DEBT REVENUE VOLATILITY ENERGY SUBSIDIES MACROECONOMIC ADJUSTMENT REVENUE MOBILIZATION ASSET REVALUATION
Online Access:	http://documents.worldbank.org/curated/en/2000/03/437889/indonesia-public-spending-time-change http://hdl.handle.net/10986/15140

Description
Summary:	The study identifies strategic priorities for restoring sound public finances, emphasizing the need to maintain fiscal sustainability, under a constrained budget, and the need to improve the processes for making budgetary allocations, and budget implementation, towards greater fiscal transparency. It reviews Indonesia's public spending during the crisis, and the unavoidable build-up of fiscal pressure, its indebtedness, and fiscal risks, coupled with policy implications. Improvements to the budget allocation process are examined, focusing on budgetary management processes, across levels of government, and on the impact of decentralization - which could possibly reinforce civil society participation. A shift in the fiscal policy focus, towards maintaining fiscal sustainability, and ensuring economic recovery is recommended. Nonetheless, risks may threaten fiscal sustainability, namely, macroeconomic fluctuations, contingent liabilities, and decentralization. To minimize risks, the study suggests a combination of domestic revenue generation efforts, spending cuts, accelerated privatization, aggressive asset recovery, and external finance.

Indonesia : Public Spending in a Time of Change

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