"In order to optimize the efforts to achieve the non-tax revenue target, the government will continue to increase oil lifting and cost recovery efficiency," the President said.
The President made the remarks in his state-of-the-nation address on the 2012 Draft State Budget and Financial Notes before a plenary session of the House of Representatives (DPR) here on Tuesday.
He said that the government would also push up its receipts from state-owned firms` dividends through more directed and effective restructuring of state companies (BUMN), application of corporate governance and increasing synergy among BUMNs.
The head of state also stressed efforts to increase state income from the ministries and institutions` service activities by putting in order and improving the non-tax revenue administration.
Regulations regarding non-tax revenues and tariff adjustment will also be improved.
"Efforts to increase state revenues from taxes, excise and non-tax sources are aimed to reinforce the national economic and budget resilience. Only that way we can gradually reduce dependence on external debts," the president said.
In his address, the president indicated that the country`s revenues and grant were set at Rp1,292.9 trillion, or up 10.5 percent from the 2011 revised state budget at Rp1,169.9 trillion.
The state expenditures were set at Rp1,418.5 trillion, up 97.7 trillion or 7.4 percent from the 2011 revised state budget which was set at 1,320.8 trillion.
Thus, the draft state budget deficit for 2012 was at Rp125.6 trillion, or 1.5 percent of the Gross Domestic Product (GDP) or lower than the deficit of the 2011 revised state budget which was set at Rp150.9 trillion.
(Uu.A014/HAJM/H-YH)
Editor: Priyambodo RH
Copyright © ANTARA 2011
