Act No. 27 Of 2014

Original Language Title: Undang-Undang Nomor 27 Tahun 2014

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e47c6c9c8b13149c06313735313035.html

LEMBARANNEGARAREPUBLIK INDONESIA INDONESIAN STATE GAZETTE No. 259, 2014 FINANCIAL State. STATE BUDGET fiscal year 2015. (Additional explanation in the State Gazette of the Republic of Indonesia Number 5593) Law of the Republic of INDONESIA NUMBER 27 by 2014 ABOUT BUDGET REVENUES and EXPENDITURES of the STATE FISCAL YEAR 2015 with the GRACE of GOD ALMIGHTY the PRESIDENT of the Republic of INDONESIA, Considering: a. that the Budget of income and Expenditure of the State as a form of State financial management carried out openly and is responsible for the most of people's prosperity; b. that the draft Budget of income and Expenditure of the State fiscal year 2015 contained in the draft law on Budget of State revenues and Expenditures fiscal year 2015 drafted in accordance with the needs of the State and Government of the Organization of the ability in the muster State income in order to support the realization of the national economy based on the principle of mutuality of economic democracy, efficiency, fairness, sustainable, environmentally, independence, as well as by maintaining a balance of economic progress and national unity; 2014 www.djpp.kemenkumham.go.id, no. 259 2 c. that in the discussion of the draft law on Budget of State revenues and Expenditures fiscal year 2015 between the House of representatives along the Government has been paying attention to the consideration of the regional representative Council contained in the letter of Decision 78/Number DPD DPD RI/IV/2013-2014 on September 2, 2014; d. that based on considerations as referred to in letter a, letter b, and the letter c, and implement the provisions of article 11 paragraph (1) of the Constitution of the Republic of Indonesia in 1945, the need to establish laws on the Budget of the State Expenditures and revenues of the fiscal year 2015; Remember: 1. Article 5 paragraph (1), article 20 paragraph (2) and paragraph (4), article 11 paragraph (1) and paragraph (2), article 31 paragraph (4), and article 33 paragraph (1), subsection (2), subsection (3), and subsection (4) of the Constitution of the Republic of Indonesia in 1945; 2. Act No. 17 of 2003 about State Finances (State Gazette of the Republic of Indonesia Number 47 in 2003, an additional Sheet of the Republic of Indonesia Number 4286); 3. Law number 17 by 2014 about people's Consultative Assembly, the House of representatives, the regional representative Council, and the regional House of representatives (State Gazette of the Republic of Indonesia Number 182 by 2014, an additional Sheet of the Republic of Indonesia Number 5568); Together with the approval of the HOUSE of REPRESENTATIVES of the REPUBLIC of INDONESIA and the PRESIDENT of the REPUBLIC of INDONESIA DECIDES: setting: the law on the BUDGET of the STATE EXPENDITURES and REVENUES of the FISCAL YEAR 2015. Article 1 In this Act, that is: 1. Budget revenue and Expenditure of the State, hereinafter abbreviated STATE BUDGET, the annual financial plan is the Government of a country that was approved by the House of representatives. 2014 www.djpp.kemenkumham.go.id, no. 2680 2. State revenue is recognized the right of the Central Government to supplement net worth of Tax Receipts, receipt of State instead of the tax, and the receipt of grants. 3. acceptance of taxation was all acceptance of State tax revenue In the country and international trade tax revenues. 4. Income tax in the country are all State acceptance that comes from the revenue income tax, value added tax revenues goods and services sales tax revenues and top luxury goods, income tax revenue and building Earth, excise, and other taxes income. 5. International trade tax revenues are all State acceptance that comes from Revenue Customs import duties and revenues out. 6. acceptance of the State rather than a tax, hereinafter abbreviated PNBP, are all Central Government receipts received in the form of revenues from natural resources, revenue profit part State-owned enterprises (SOEs), the other, as well as income PNBP Agency public service (BLU). 7. The receipt of a grant is all receipts of the State in the form of foreign exchange and/or foreign exchange the rupiah, dirupiahkan, services, and/or securities obtained from grants that need not be repaid and are not binding, both originating from domestic and from abroad. 8. The country is Shopping Central Government obligations are recognized as deduction on the value of the net worth of Central Government spending and transfers to the area and the village Fund. 9. The Central Government spending according to the organisation of Central Government expenditure is allocated to Ministries/agencies and Part of the General Treasurer of the State Budget. 10. the General Treasurer of the State Budget, hereinafter abbreviated to BA-BUN, is part of the budget managed by the Minister of finance as a fiscal Manager. 11. The Central Government Expenditure by function are central government expenditures that are used to perform public service functions, the functions of Defense, public order and security, the economic function, the function environment, public facilities and housing functions, function, the function of health tourism, religious functions, the function of education, and the social protection functions. www.djpp.kemenkumham.go.id


2014, no. 259 4 12. Central Government expenditures according to the Program is the center of government spending allocated to achieve certain results (outcomes) on Ministries/agencies. 13. is the awarding of Subsidies management programs support in the form of allocating budget to State enterprises, government agencies, or third parties on the basis of laws-the invitation applies to provide the goods or services which are strategically or mastering his life crowds in accordance the financial capabilities of the State. 2. Transfer to the region is part of State Spending in order to fund the implementation of fiscal decentralization in the form of equalization funds, funds of funds, special autonomy privilege special region of Yogyakarta, and other transfers of funds. 15. The Fund balance of the Fund is sourced from State revenue is allocated to regions to fund the needs of the region in the framework of the implementation of decentralization, which consists of funds for the allocation of public funds, results, and special allocation fund. 16. Funds for the result, hereinafter abbreviated DBH, was a fund sourced from State revenue is allocated to regions based on a certain percentage figures to fund the needs of the region in the framework of the implementation of decentralization. 17. The General Allocation Fund, hereinafter abbreviated DAU, is a fund sourced from State revenue is allocated to the region with the goal of equitable financial capability regional needs to finance interregional in the framework of the implementation of decentralization. 18. Special Allocation Fund, hereinafter abbreviated DAK, is a fund sourced from State revenue is allocated to specific areas with the aim to help fund special activities is the Regional Affairs and in accordance with national priorities. 19. the Special Autonomy Funds are funds allocated to finance the implementation of the special autonomy of a region, as defined in Act No. 35 of 2008 about the determination of the Replacement Government Regulations Act No. 1 of 2008 about the changes to the Act No. 21 of 2001 on special autonomy For Papua Province into law, and Act No. 11 of 2006 about the Government of Aceh. 20. The Fund's special about Yogyakarta special region is funding allocated for conducting the Affairs of the Regional privileges www.djpp.kemenkumham.go.id 2014, no. 2545 Istimewa Yogyakarta, as set forth in Act No. 13 in 2012 about the specialness of Daerah Istimewa Yogyakarta. 21. Other Transfer Funds are funds allocated to assist the region in order to carry out certain policies in accordance with the provisions of the legislation. 22. The village Fund is a fund sourced from STATE BUDGET allocated for the village are transferred through the income and Expenditure Budget of the regional district/city and used to finance the Organization of Government, the implementation of development, coaching development, and community empowerment. 23. The financing of the budget is any admission that need to be paid back, receiving back the top spending budget of previous years, expenditures back upon the acceptance of the previous budget years, the use of more budget balance, and/or expenses that will be accepted back, both on the fiscal year in question as well as subsequent budgetary years. 24. Domestic Financing is all acceptance financing comes from banking and nonperbankan in the country, which consists of the reception of the instalment repayment loan balance, budget forwarding more, the results of the management of assets, the issuance of State securities of domestic loans neto, neto, less spending, which includes the allocation of financing for the country, the inclusion of capital funds rolling, liabilities incurred due to a Government guarantee, and backup financing to fund the development of national education. 25. The rest of the More Budget Financing, hereinafter called SiLPA, was the difference more over budget financing realization realization of budget deficits that occurred in a period of reporting. 26. Balance the budget even more, hereinafter abbreviated SAL, is the accumulation of SiLPA neto and the rest Less Financing budget (SiKPA) budget years ago and the concerned financial year after it closed, plus/minus correction with bookkeeping. 27. State Securities, hereinafter abbreviated SBN, including State securities Shariah State. 28. State, hereinafter abbreviated CN, are securities in the form of a letter of acknowledgment of debt in rupiah or foreign currency guaranteed interest payments and anyway by the State of the Republic of Indonesia in accordance with the validity period. www.djpp.kemenkumham.go.id


2014, no. 259 6 29. Sharia State securities, hereinafter abbreviated SBSN, or can be called sukuk, the country was published based on the SBN sharia principles, as evidence against the inclusion of part of the assets of top SBSN, both in rupiah or foreign currency. 30. Country-based Shariah-compliant Securities project (Project Based Sukuk/PBS) the PBS was further abbreviated SBSN funding sources through the issuance of SBSN to finance certain activities carried out by Ministries/agencies. 31. Government assistance that has not Set its status, hereinafter abbreviated to BPYBDS, is Government assistance in the form of a State-owned Goods that originate from the STATE BUDGET, which has been operated and/or used by STATE-OWNED ENTERPRISES based on News Events and Handover to date recorded on the financial statements of the Ministry of State-OWNED ENTERPRISES or agencies. 32. The Government's investment fund is the Government's investment fund allocation for the Government's Investment Center, the inclusion of capital of the country, and/or grant capital venture that retaining their giving nature of rolling, which is done to produce economic benefits, social, and/or other benefits. 33. The participation of the State Capital, hereinafter abbreviated a, STATE BUDGET funds are allocated into the wealth of the country, separated or the determination of the company's reserves or other sources to serve as the capital of STATE-OWNED ENTERPRISES and/or other limited liability company and a privately run corporations, including capital participation to the organization/international financial institutions and equity capital in other countries. 34. A rolling Fund is a fund managed by a particular BLU for lent and rolled out to the Community/institution with the objective to improve people's economic and other purposes. 35. Domestic Loan is any loan by the Government earned from domestic lenders to pay back with specific requirements, in accordance with the validity period. 36. The obligation of Guarantee is an obligation that is potentially being the Government's burden due to the granting of bail to STATE-OWNED ENTERPRISES and/or Areas owned enterprises (BUMD) in terms of STATE-OWNED ENTERPRISES and/or OWNED COMPANIES in question could not pay its obligations to the creditors in accordance the loan agreement or a purchase agreement in the project partnership with business entities in the provision of infrastructure. 2014 www.djpp.kemenkumham.go.id, no. 2585 37. Foreign financing Neto is all financing that comes from foreign loan drawdown of the loan program and project loans reduced by forwarding a loan and repayment of principal foreign debt. 38. The Loan Program is a loan abroad are accepted in cash where the dilution requires the fulfillment of certain conditions agreed both parties i.e. the Government and lenders, such as the matrix of policy or performance of specific activities. 39. The loan Project is a foreign loans used to finance certain activities of Ministries/Agencies, including loans that are diteruspinjamkan and/or diterushibahkan to local governments and/or STATE OWNED COMPANIES. 40. Forwarding Loans are loans of foreign or domestic loans received by the Central Government to local governments diteruspinjamkan and/or STATE-OWNED ENTERPRISES that have to be paid back with certain terms and conditions. 41. The Education Budget is the allocation of the budget on the function of education budgeted through the Ministries/agencies, allocation of budget education through transfer to the area and the village Fund, and the allocation of budget expenditure on education through the financing, including the salaries of educators, but does not include the education budget is limited, to finance the holding of education became the responsibility of the Government. 42. The percentage of the budget of education is the education budget allocation in comparison to the total budget of the State. 43. The fiscal year 2015 is the period of 1 (one) year counted starting from 1 January up to 31 December 2015. Article 2 the STATE BUDGET consists of Revenue of the State budget, the State budget, and the financing of the budget. Article 3 the State Revenue Budget fiscal year 2015 is planned at Rp 1.793.588.917.577.000 RP (one quadrillion seven hundred ninety-three trillion five hundred eighty-eight billion nine hundred and seventeen million five hundred seventy seven thousand rupiah), obtained from source: a. acceptance of Taxation; b. PNBP; and c. the receipt of grants. 2014 www.djpp.kemenkumham.go.id, no. 259 8 article 4 (1) receipt of Tax referred to in article 3 a is planned at Rp 1.379.991.627.125.000 RP (one quadrillion hundred seventy-eight trillion nine hundred ninety-one billion six hundred twenty-seven million one hundred twenty-five thousand rupiah), which consists of: a. Income tax in the country; and b. international trade tax revenues. (2) Domestic tax revenue referred to in subsection (1) letter a planned Rp RP 1.328.487.827.125.000 (one hundred and twenty three quadrillion eight trillion, four hundred and eighty-seven billion eight hundred and twenty-seven million one hundred twenty-five thousand rupiah), which consists of: a. income tax revenue; b. income value-added tax goods and services tax and the top selling luxury goods; c. the Earth and building tax revenues; d. income tax; and e. other tax revenues. (3) income tax Revenues as referred to in paragraph (2) letter a planned Rp RP 644.396.122.950.000 (six hundred and forty-four trillion three hundred ninety-six billion one hundred and twenty two million nine hundred fifty thousand rupiah) which include income taxes borne by Government (PPh DTP) upon: a. geothermal commodities amounting to Rp RP 1.750.000.000.000 (one trillion seven hundred fifty billion dollars) including PPh DTP over a shortage in 2012-2013 amounting to Rp 625.400.000.000 2,000 (six hundred twenty five billion four hundred million rupiah) which is set in a regulation of the Minister of finance; and b. interest, yield, and earning a third-party service that is given to the Government in the issuance and/or purchase return/exchange SBN in the international market, but does not include a local legal consultant service, amounting to Rp 6.300.000.000.000 RP (six trillion three hundred billion rupiah) includes a PPh DTP over a shortage in 2012-2013 amounting to Rp 637.000.000.000 RP (six hundred thirty-seven billion rupiah) that its implementation is governed by regulation of the Minister of finance. www.djpp.kemenkumham.go.id


2014, no. 2599 (4) income value-added tax and goods and services sales tax over luxury goods as referred to in paragraph (2) letter b planned Rp RP 524.972.170.000.000 (five hundred twenty-four trillion nine hundred seventy-two billion one hundred seventy million dollars). (5) Income Taxes the Earth and buildings as referred to in paragraph (2) Letter c is planned at Rp RP 26.684.096.175.000 (twenty six trillion six hundred eighty-four billion ninety-six million one hundred and seventy-five thousand rupiah). (6) Income Tax as referred to in paragraph (2) letter d planned Rp RP 126.746.318.000.000 (one hundred and twenty six trillion seven hundred forty six billion three hundred and eighteen million dollars). (7) Income Taxes referred to in paragraph (2) letter e is planned at Rp RP 5.689.120.000.000 (five trillion six hundred eighty nine billion, one hundred and twenty million rupiah). (8) international trade tax revenues as intended in paragraph (1) letter b planned Rp 51.503.800.000.000 RP (fifty-one trillion five hundred three billion eight hundred million rupiah), which consist of: a. import duty revenues; and b. the customs revenue out. (9) income of the import duties referred to in subsection (8) a planned Rp 37.203.870.000.000 RP (thirty-seven trillion two hundred three billion eight hundred and seventy million dollars) which included import duties borne by Government (BM DTP) Rp RP 600.000.000.000 (six hundred billion rupiah). (10) the Revenue Customs exit as referred to in subsection (8) the letter b is planned at Rp 14.299.930.000.000 RP (fourteen trillion, two hundred ninety-nine billion nine hundred thirty million dollars). (11) details of Taxation Receipts fiscal year 2015 as stipulated in paragraph (2) and subsection (8) are governed further by a Presidential Ordinance that set at the latest on 30 November 2014. Article 5 (1) PNBP as stipulated in article 3 letter b planned Rp RP 410.340.976.934.000 (four hundred and ten trillion three hundred forty billion nine hundred seventy-six million nine hundred thirty-four thousand rupiah), which consists of: www.djpp.kemenkumham.go.id 2014, no. 259 10 a. acceptance of natural resources; b. income profit part STATE-OWNED ENTERPRISES; c. other PNBP; and d. revenue BLU. (2) Acceptance of the natural resources referred to in paragraph (1) letter a planned Rp RP 254.270.471.590.000 (two hundred and fifty-four trillion, two hundred and seventy billion four hundred and seventy-one million five hundred ninety thousand rupiah), which consists of: a. acceptance of the natural resources of oil and gas (oil & gas SDA); and b. acceptance of natural resources non-petroleum and natural gas (SDA nonmigas). (3) income the profit part STATE-OWNED ENTERPRISES referred to in paragraph (1) letter b planned Rp 44.000.000.000.000 RP (forty-four trillion rupiah). (4) in order to optimize the reception section of the Government over the profits of the banking businesses in STATE-OWNED ENTERPRISES, settlement of accounts receivable problematic on STATE-OWNED ENTERPRISES in the field of banking business conducted: a. in accordance with the provisions of the legislation in the field of limited liability company (PT), STATE-OWNED ENTERPRISES, and banking; b. Mindful of the principles of good corporate governance; and c. the Government supervise the settlement of receivable problematic on STATE-OWNED ENTERPRISES in the banking business. (5) other PNBP as referred to in paragraph (2) Letter c is planned at Rp RP 89.823.662.775.000 (eighty-nine trillion eight hundred thirty-two billion six hundred and sixty-two million seven hundred seventy-five thousand rupiah). (6) income BLU as mentioned on paragraph (1) the letter d is planned at Rp 22.246.842.569.000 RP (twenty-two trillion, two hundred forty-six billion, eight hundred forty-two million five hundred and sixty-nine thousand rupiah). (7) fiscal year 2015 PNBP Details as mentioned in subsection (2), subsection (3), subsection (5) and paragraph (6) are governed further by a Presidential Ordinance that set at the latest on 30 November 2014. 2014 www.djpp.kemenkumham.go.id, no. 25911 article 6 receipt of Grants referred to in article 3 of the letter c is planned at Rp 3.256.313.518.000 RP (three trillion six hundred fifty two billion three hundred thirteen million five hundred eighteen thousand rupiah). Article 7 the State budget of fiscal year 2015 is planned at Rp RP 2.039.483.607.639.000 (two thirty-nine quadrillion trillion, four hundred eighty-three billion six hundred seven million six hundred and thirty-nine thousand rupiah), which consists of: a. budget of the Central Government; and b. a budget Transfer to the area and the village Fund. Article 8 (1) the budget of the Central Government as referred to in article 7 letter a planned Rp RP 1.392.442.339.317.000 (one quadrillion hundred ninety-two trillion, four hundred forty-two billion three hundred and thirty-nine million three hundred Seventeen thousand rupiah). (2) the Central Government Budget as referred to in paragraph (1) the State grants management programs including Rp 3.565.119.580.000 RP (three trillion five hundred sixty five billion one hundred nineteen million five hundred eighty thousand dollars) that diterushibahkan to the area. (3) the budget of the Central Government as referred to in paragraph (1) grouped upon: a. the Central Government spending, according to the Organization; b. Central Government Expenditure by function; and c. the Central Government spending according to the Program. (4) the Central Government Budget as referred to in subsection (1) include the granting of rewards and sanctions over implementation of the budget of Ministries/Agencies year 2013 based on the results of the audit of the Agency's Financial Examiner (CPC). (5) details of Central Government Spending, according to the Organization, functions, and programs as referred to in paragraph (3), governed more by presidential regulation set out at least 30 November 2014. www.djpp.kemenkumham.go.id


2014, no. 259 of 12 article 9 (1) a budget Transfer to the area and the village Fund referred to in article 7 letter b planned amounting to Rp 647,041,268,322,000.00 (six hundred and forty-seven trillion and forty-one billion two hundred and sixty eight million three hundred twenty-two thousand rupiahs), consisting of: a. Transfer to the region; and b. the village Fund. (2) the Transfer to the area referred to in subsection (1) letter a planned Rp RP 637.975.068.322.000 (six hundred thirty-seven trillion nine hundred seventy five billion sixty-eight million three hundred twenty-two thousand rupiahs), consisting of: a. Fund Balances; b. the Special Autonomy Funds; c. Funds Privileges Daerah Istimewa Yogyakarta; and d. Other Transfer Funds. (3) the village Fund referred to in subsection (1) letter b planned Rp 9.066.200.000.000 RP (nine trillion sixty-six billion two hundred million rupiah). Article 10 (1) the balance of Funds as referred to in article 9 paragraph (2) letter a planned Rp RP 516.401.044.380.000 (five hundred and sixteen trillion one billion four hundred and forty-four million three hundred eighty thousand dollars), consisting of: a. DBH; b. the DAU; and c. the DAK. (2) DBH as referred to in paragraph (1) letter a planned Rp RP 127.692.520.852.000 (one hundred twenty-seven trillion six hundred ninety two billion five hundred twenty million eight hundred fifty-two thousand rupiahs). (3) DAU as mentioned on paragraph (1) letter b allocated amounting to 27.7% (twenty-seven commas seven percent) than Domestic Revenue (PDN) neto or planned at Rp 352.887.848.528.000 RP (three hundred fifty-two trillion, eight hundred eighty-seven billion eight hundred forty eight million five hundred twenty-eight thousand rupiah). 2014 www.djpp.kemenkumham.go.id, no. 25913 (4) PDN neto as referred to in paragraph (3) calculated based on the sum between the acceptance of taxation and PNBP, reduced by the acceptance of a State that Dibagihasilkan to the region. (5) in the event of changes to the STATE BUDGET caused the PDN neto is reduced, or increased magnitude DAU does not suffer changes. (6) NOT as intended in paragraph (1) Letter c is planned at Rp 35.820.675.000.000 RP (thirty-five trillion eight hundred twenty billion six hundred seventy-five million dollars), comprising: a. DAK Rp 33.000.000.000.000 RP (thirty-three trillion rupiah); and b. additional DAK Rp RP 2.820.675.000.000 (two trillion eight hundred twenty billion six hundred seventy-five million rupiah). (7) an extra Rp DAK is RP 2.820.675.000.000 (two trillion eight hundred twenty billion six hundred seventy-five million rupiah) as referred to in paragraph (6) letter b is allocated as a policy affirmation to the kabupaten/kota region lags behind the border and have relatively low financial capability and are used to fund activities: a. transportation infrastructure amounted RP 1.812.171.000.000 (one trillion eight hundred and twelve billion one hundred seventy one million rupiah); b. the irrigation infrastructure of Rp RP 496.405.000.000 (four hundred and ninety-six billion four hundred and five million rupiah); and c. the sanitation and drinking water infrastructure amounted RP 512.099.000.000 (five hundred and twelve billion ninety-nine million rupiah). (8) additional matching funds to DAK as referred to in subsection (7) are set based on the financial abilities of the area on the left and border areas, with the following conditions: a. the financial capability of the low areas, are required to provide matching funds of at least 0% (zero percent); b. financial ability is low, are required to provide matching funds of at least 1% (one percent); and c. the regional financial capability are, required to provide matching funds of at least 2% (two percent). 2014 www.djpp.kemenkumham.go.id, no. 259 14 article 11 (1) a Special Autonomy Fund referred to in article 9 paragraph (2) letter b planned Rp 16.615.513.942.000 RP (sixteen trillion six hundred fifteen billion five hundred thirteen million nine hundred forty-two thousand rupiah), which consists of: a. a Special Autonomy Fund Allocation province of Papua and West Papua Province amounted to Rp 7.057.756.971.000 RP (seven trillion fifty-seven billion seven hundred fifty-six million nine hundred and seventy-one thousand rupiah) that It was agreed to split each with a proportion of 70% (seventy percent) to Papua Province and 30% (thirty per cent) for the province of West Papua with details as follows: 1. Province of Papua special autonomy Funds amounting to Rp RP 4.940.429.880.000 (four trillion nine hundred forty billion four hundred and twenty-nine million eight hundred eighty thousand dollars). 2. the funds of the special autonomy province of West Papua amounting to Rp RP 2.117.327.091.000 (two trillion one hundred and seventeen billion three hundred and twenty seven million Ninety-one thousand rupiah). b. allocation of Aceh province special autonomy Funds amounting to Rp 7.057.756.971.000 RP (seven trillion fifty-seven billion seven hundred fifty-six million nine hundred and seventy-one thousand rupiah); and c. the additional infrastructure Funds in the framework of special autonomy province of Papua and West Papua Province amounted to Rp RP 2.500.000.000.000 (two trillion five hundred billion rupiah) with details as follows: 1. the additional infrastructure Funds for Papua Province amounted to Rp RP 2.000.000.000.000 (two trillion dollars); and 2. Additional funding for infrastructure for the province of West Papua amounting to Rp RP 500.000.000.000 (five hundred billion rupiah). (2) the funds of the specialness of Yogyakarta special region referred to in article 9 paragraph (2) Letter c Rp RP 547.450.000.000 (five hundred forty-seven billion four hundred and fifty million rupiah). (3) Other Transfer of funds as referred to in article 9 paragraph (2) letter d planned Rp RP 104.411.060.000.000 (one hundred and four trillion four hundred eleven billion sixty million dollars), with the following details: www.djpp.kemenkumham.go.id


2014, no. 25915 a. Allowances of CIVIL SERVANTS the teaching profession Area of Rp 70.252.670.000.000 RP (seventy trillion, two hundred and fifty two billion six hundred seventy million dollars); b. additional funds Income Teachers PNS Area amounting to Rp RP 1.096.000.000.000 (one trillion ninety-six billion rupiah); c. the school Operational Assistance (BOS) amounting to Rp 31.298.300.000.000 RP (thirty-one trillion, two hundred ninety-eight billion three hundred million rupiah); d. Regional Incentive Funds (DID) Rp RP 1.664.510.000.000 (one trillion six hundred sixty-four billion five hundred and ten million rupiah); and e. project funds of local government and decentralization (P2D2) Rp RP 99.580.000.000 (ninety-nine billion five hundred eighty million dollars). Article 12 the details of Budget transfers to regional and village Fund referred to in article 9, article 10, article 11 and further regulated by regulation of the President which is set at the latest on 30 November 2014. Article 13 (1) the Program management of the Subsidies in fiscal year 2015 is planned at Rp RP 414.680.552.641.000 (four hundred and fourteen trillion six hundred eighty billion five hundred fifty-two million six hundred forty-one thousand rupiah). (2) the budget for Program management of Subsidies as referred to in paragraph (1) be right on target. (3) the budget for subsidies as referred to in paragraph (1) may be adapted to the needs of the realization of the budget year is running based on parameter change and/or realisation of the crude oil price (ICP) and the exchange rate of the rupiah. (4) in the event of changes to the parameters referred to in paragraph (3) in the form of changes in the volume of fuel oil (FUEL) is subsidized, the Government discussed these changes with related commissions in the PARLIAMENT for approval. (5) the Allocations referred to in subsection (1) include a shortage of the previous fiscal year to be paid in accordance with the audit results of the CPC. 2014 www.djpp.kemenkumham.go.id, no. 259 16 (6) details of Subsidies management programs in fiscal year 2015 as stipulated in paragraph (1) are governed further by a Presidential Ordinance that set at the latest on 30 November 2014. Article 14 (1) in the framework of the efficiency and effectiveness of implementation of the budget of Ministries/institutions, the Government implemented the system of awarding and the imposition of sanctions over implementation of the budget of Ministries/institutions in accordance with the provisions of the legislation. (2) the results of the application of the system of rewards and sanctions over implementation of the budget of Ministries/institutions as referred to in paragraph (1) calculated on a fiscal year 2015. Article 15 (1) the change of the Central Government budget in the form of: a. budget changes sourced from PNBP; b. changes to the loans and grants abroad (PHLN) and loans and grants in the country (PHDN); c. shifting the budget Section 999.08 (State General Treasurer Manager Other Shopping) to the budget of the Ministries/agencies, or between different subsections of the budget in the budget of 999 (BA BUN); d. budget changes sourced from SBSN PBS; and e. the budget shifts in one (1) part of the budget is sourced from pure rupiah to meet operating expenses, set by the Government. (2) further changes to the financing of the budget in the form of changes to the forwarding Loans abroad launched a result of continued and accelerating withdrawal of Foreign Loans Forwarding, set by the Government. (3) the changes referred to in paragraph (1) and paragraph (2) are reported to the Government in the House of representatives BUDGET Changes fiscal year 2015 and/or central government financial reports (LKPP) in 2015. Article 16 (1) the Government may provide grants to foreign Institutions/Government and Government/foreign Institutions set the recipient for the purpose of humanity. 2014 www.djpp.kemenkumham.go.id, no. 25917 (2) Government can give grants to local governments in order to the post-disaster rehabilitation and reconstruction. Article 17 (1) of the Education Budget planned is Rp 409,131,707,077,000.00 (four hundred and nine trillion one hundred and thirty-one billion seven million seven hundred seventy-seven thousand dollars). (2) the percentage of the budget is Education of 20.06% (twenty six per cent zero comma), which is a comparison of the Education Budget allocations referred to in subsection (1) to the total State budget is Rp RP 2.039.483.607.639.000 (two thirty-nine quadrillion trillion, four hundred eighty-three billion six hundred seven million six hundred and thirty-nine thousand dollars). (3) the details of the Education Budget as referred to in paragraph (1), governed more by presidential regulation set out at least 30 November 2014. Article 18 (1) the amount of Revenue the State budget fiscal year 2015, as stipulated in article 3, is smaller than the amount of the State budget as referred to in article 7 so in fiscal year 2015, there is a budget deficit of Rp RP 245.894.690.062.000 (two hundred forty five trillion eight hundred ninety-four billion, six hundred and ninety million sixty two thousand rupiahs) to be financed from Budget Financing. (2) the financing of the budget of fiscal year 2015 as stipulated in paragraph (1) is obtained from source: a. Domestic Financing of Rp RP 269.709.700.514.000 (two hundred sixty nine trillion seven hundred nine billion seven hundred million five hundred and fourteen thousand rupiah); and b. the foreign Financing amounted to a negative Rp Neto is RP 23.815.010.452.000 (twenty-three trillion, eight hundred fifteen billion ten million four hundred fifty-two thousand rupiahs). (3) Foreign Financing Neto as referred to in paragraph (2) letter b include debt financing abroad, but does not include the publication of SBN in the international market. www.djpp.kemenkumham.go.id


2014, no. 259 18 (4) details of the financing of the budget of fiscal year 2015 as stipulated in paragraph (2), are listed in the annex to this law and regulated more by presidential regulation set out at least 30 November 2014. Article 19 (1) in terms of the budget deficit is estimated to exceed the targets set out in the NATIONAL BUDGET, the Government can use the funds, the withdrawal of standby loans of SAL and/or publication of the SBN as additional financing. (2) the obligations arising out of the use of funds, the withdrawal of standby loans of SAL and/or publication of the SBN as additional financing as referred to in paragraph (1) charged to the State budget. (3) the use of the funds, the withdrawal of standby loans of SAL and/or publication of the SBN as additional financing as referred to in paragraph (1) were reported in the financial statements of the Government of the Central Government (LKPP) in 2015. (4) the provisions concerning the estimated deficit exceeds the target as well as the use of funds, the withdrawal of standby loans of SAL, and/or publication of the SBN as additional financing as referred to in paragraph (1) are governed further by regulation of the Minister of finance. Article 20 (1) the Government may use the program Ministries/institutions that are sourced from Pure Rupiah in Central Government budget allocations to be used as the basis for the issuance of SBSN. (2) details of program Ministries/agencies that can be used as the basis for the issuance of SBSN set by Finance Ministers after the passage of the Act STATE BUDGET fiscal year 2015 and defining presidential regulation concerning the details of the STATE BUDGET fiscal year 2015. (3) further Provisions on the use of program Ministries/institutions as the basis for the issuance of SBSN as referred to in paragraph (1) are governed by regulation of the Minister of finance. Article 21 (1) in the event of market crisis, the Government's domestic SBN with the approval of the House of representatives is given the authority to use the stabilization market to do SAL SBN domestic budget needs to take into account after the end of the fiscal year running and early next fiscal year. 2014 www.djpp.kemenkumham.go.id, no. 25919 (2) House approval as referred to in subsection (1) is a decision that is contained in the conclusions of the meeting of the working body of the PARLIAMENT with the Government's budget, which is given within a period of not more than 24 (one of twenty-four) hours after the proposal was delivered to the Government House. (3) the amount of the use of the SAL in order of market stabilization SBN as referred to in paragraph (1) are reported to the Government in the NATIONAL BUDGET Changes fiscal year 2015 and/or central government financial reports (LKPP) in 2015. (4) further Provisions on the use of market stabilization in order SAL SBN domestic referred to in subsection (1) is controlled by a regulation of the Minister of finance. Section 22 (1) in terms of the realization of the country's reception is not sufficient to meet the needs of State spending at any given moment, the drawback can be met from the funds of the SAL, the publication of the SBN, or State Spending adjustment. (2) the Government may publish SBN to finance cash management needs for the implementation of the STATE BUDGET, if cash management cash funds are not sufficient available to meet the needs of State expenditure in the early years. (3) the Government may buy back the interest markets stabilization SBN and cash management by remaining attentive to the needs of the publishing number of SBN neto to meet financing needs. (4) Government can do acceleration mortgage payments of principal debt in order to the management of a portfolio of debt through the issuance of SBN. (5) in the case of debt financing instruments there are more profitable, and/or the unavailability of one of the instruments of debt financing, the Government can make changes to the composition of the debt financing instruments in order to keep fiscal and economic resilience. (6) changes in the composition of the debt financing instruments as referred to in subsection (5) or the need for reallocation of budget debt interest, the Government may make changes to the composition of the (reallocation) of foreign debt interest payments to domestic debt interest payments or vice versa without causing changes in total interest payments on debt. 2014 www.djpp.kemenkumham.go.id, no. 259 (7) to lower the costs of publishing the SBN and ensure availability of financing through debt, government debt issuance guarantee may receive from the institutions that can run the function of guaranteeing, and/or receive support in the form of financing facilities. (8) the implementation of the provisions referred to in subsection (1) until subsection (6) are set by the Government and reported in BUDGET Changes fiscal year 2015 and/or central government financial reports (LKPP) in 2015. Article 23 (1) a organization/international financial institutions and the other is going to do a and/or has been recorded in the financial statements of the Central Government (LKPP) as a Permanent Investment, are set to be made on a organization/international financial institutions and other a. (2) the Government may do a payment exceeding the pagu set out in fiscal year 2015 caused by the difference in the exchange rate, which was reported in the NATIONAL BUDGET Changes fiscal year 2015 and/or central government financial reports (LKPP) in 2015. (3) implementation of a organization/international financial institutions and the other a as referred to in paragraph (1) established by regulation of the Government. Article 24 (1) State-owned Goods (BMN) derived from the Checklist activities (DIK)/Daftar Project (DIP) Stuffing/Daftar Stuffing the implementation of budget (DIPA) Ministries/institutions used and/or operated by the STATE-OWNED ENTERPRISES and have been recorded on the financial position of STATE-OWNED ENTERPRISES report as BPYBDS or similar account, set to be made on a STATE-OWNED ENTERPRISE. (2) the BMN resulting from capital expenditures on DIPA Ministries/agencies that will be used by STATE-OWNED ENTERPRISES since the procurement of BMN, set to be a on STATE-OWNED ENTERPRISES that use the BMN. (3) implementation of a on STATE-OWNED ENTERPRISES as mentioned on paragraph (1) and paragraph (2) are defined by government regulations. Article 25 (1) the Secretary of the Treasury was given the authority to manage the Guarantee obligations of the Government to budget: www.djpp.kemenkumham.go.id


2014, no. 25921 a. accelerating construction of power plants that use coal; b. granting guarantees and interest subsidies by the Central Government for the acceleration of the provision of drinking water; and c. the guaranteeing infrastructure project in partnership with the Agency for work done through the business entity guarantee infrastructure, which is part of the financing In the country as it has been allocated in article 18 paragraph (2) letter a. (2) in the case of the budget the Government Guarantee Obligation referred to in subsection (1) has been disbursed, accounted for as receivable/receivables to an entity is assured or shopping Ministries/agencies. (3) in the event of a Guarantee Obligation of the Government budget has been allocated as intended in paragraph (1) is not used in the current year is exhausted, the budget the Government Guarantee Obligation referred can be accumulated with the mechanism of transfer funds into the accounts of the guarantee reserve fund of the Government that opened in the Bank Indonesia Guarantee Obligations for the payment of the Government in the forthcoming budget. (4) provision of more about implementation of the budget of the Government's Guarantee Obligation referred to in subsection (3) is controlled by a regulation of the Minister of finance. Article 26 (1) the Government may conduct debt interest payments and principal repayments of debts exceeding expenditure pagu set out in fiscal year 2015, who then reported to the Government in the NATIONAL BUDGET Changes fiscal year 2015 and/or central government financial reports (LKPP) in 2015. (2) the Government may conduct Hedging transactions in order to control the risk of debt interest payments and principal repayments on debt spending. (3) the fulfillment of the obligations arising from the Hedging transactions as referred to in paragraph (2) charged to the budget debt interest payments and/or expenses repayments of principal debt. (4) Liability arising as mentioned in subsection (3) is not a financial loss to the State. 2014 www.djpp.kemenkumham.go.id, no. 259 22 (5) further Provisions concerning the execution of the Hedging transactions as referred to in paragraph (2) is set by regulation of the Minister of finance. Article 27 (1) the Minister of finance is granted the authority to complete the accounts receivable government agencies administered/managed by the organizing Affairs of the Directorate General of State accounts receivable/Wealth of the country, particularly the receivable against micro, small, and medium (SMALL MEDIUM ENTERPRISES), and accounts receivable in the form of Simple Mortgages/Home is very simple (KPR RS/RSS), include and not limited to granting debt relief and restructuring of staple up to 100% (one hundred percent). (2) Provisions on the procedures of settlement of accounts receivable government agencies as referred to in paragraph (1) are governed by regulation of the Minister of finance. Article 28 (1) in the middle of the fiscal year 2015, the Government compiled a report on the realisation of the implementation of the STATE BUDGET in the first half fiscal year 2015 concerning: a. State income realization; b. realization of State Spending; and c. the realization of Budget Financing. (2) in the report referred to in subsection (1) of the Government include the prognosis for 6 (six) months. (3) the report referred to in subsection (1) and paragraph (2) is submitted to the House of representatives no later than at the end of July 2015, to be discussed between the House of representatives and the Government. Article 29 (1) the adjustment of the STATE BUDGET fiscal year 2015 with the development and/or a change in circumstances are discussed along with Representatives of the Government in the framework of the preparation of the estimates of the changes to the STATE BUDGET fiscal year 2015, if: a. the development of macroeconomic indicators that do not accord with the assumptions used in the STATE BUDGET fiscal year 2015; b. changes in fiscal policy issues; 2014 www.djpp.kemenkumham.go.id, no. 25923 c. the circumstances that lead to do shifts in the budget of the Organization and/or antarunit antarprogram; and/or d. circumstances that caused SAL the previous year should be used for the financing of the budget of the current year. (2) SAL as referred to in paragraph (1) the letter d is SAL which is in Indonesia's Bank account that its use laid down by the Minister of finance in accordance with the provisions applicable and reported in the implementation of the STATE BUDGET accountability. (3) the Government submits Draft laws on changes to the laws of the State income and Expenditure budget of fiscal year 2015 based on the changes referred to in paragraph (1) to obtain the approval of the House of representatives before the 2015 fiscal year ends. Article 30 (1) in emergencies, when things happen as follows: a. the projected economic growth under the assumption and basic assumption deviation and other macroeconomic causes decline in State revenue, and/or increasing State expenditures significantly; b. the condition of the financial system failed to execute a function and its role effectively in the national economy; and/or c. debt costs rise, particularly yield SBN significantly, the Government with the approval of the House of representatives can do these steps: 1. the expenditure not yet available the budget and/or expenditures exceed the BUDGET launched set out in fiscal year 2015; 2. the shifting budget antarprogram budget in one section and/or from the budget; 3. reduction of the State Expenditures launched in order to increase efficiency, while maintaining a fixed priority program targets should be achieved; 4. use of the SAL to cover a shortage of financing STATE BUDGET, by first taking into account the availability of SAL to the needs of the budget up to the end of the fiscal year running and the next fiscal year beginning; 5. the addition of the debt stems from loans from the standby bilateral and multilateral creditors and/or publication of the SBN; and www.djpp.kemenkumham.go.id


2014, no. 259 24 6. the granting of loans to Lps (LPS), in which case the GOVERNMENT had difficulty liquidity. (2) in case of emergency, the Government can conduct the withdrawal of standby loans which comes from bilateral and multilateral creditors as an alternative source of financing in the event that market conditions do not support the issuance of the SBN. (3) the costs incurred due to the procurement of the standby loan referred to in subsection (1) the number 5 and subsection (2) is part of the interest payments on debt. (4) measures to address the State's financial condition as referred to in paragraph (1) letter b are implemented based on the results of the coordination between the Ministry of finance with the Governor of Bank Indonesia (BI), the Chairman of the Board of the Financial Services Authority Commissioner (OJK) and Chairman of the Board of Commissioners of the LPS in coordination of the stability of the financial system, as stipulated in the law regarding OJK. (5) the Approval of the PARLIAMENT as referred to in subsection (1) is a decision that is contained in the conclusions of the meeting of the working body of the PARLIAMENT with the Government's budget, which is given within a period of not more than 24 (one of twenty-four) hours after the proposal was delivered to the Government House. (6) if the House approval as referred to in subsection (1) for some other things and has yet to be set, then the Government can take measures as referred to in paragraph (1). (7) the Government deliver the implementation of policy measures as referred to in paragraph (1) and paragraph (2) in the STATE BUDGET fiscal year 2015 Changes and/or central government financial reports (LKPP) in 2015. Article 31 (1) After the fiscal year 2015 ended, the Government compiled a liability over the implementation of the STATE BUDGET fiscal year 2015 in the form of Central Government financial statements (LKPP). (2) the financial statements of the Central Government (LKPP) as referred to in subsection (1) prepared on the basis of Government accounting standards (SAP). (3) the Government submits Draft laws on the Responsibility the implementation of Budget revenue and Expenditure of the State fiscal year 2015, after the Central Government financial reports (LKPP) as referred to in paragraph (1) the review by the Agency of financial Examiners, at least 6 (six) months after the fiscal year 2015 ends to get approval of the House of representatives. 2014 www.djpp.kemenkumham.go.id, no. 25925 Article 32 Government in implementing the STATE BUDGET fiscal year 2015, seek the fulfillment of quality economic growth target, which is reflected in: a. decrease poverty being of 9% (nine percent) up to 10% (ten percent); b. economic growth every 1% (one percent) can absorb approximately 250,000 (two hundred fifty thousand) labor; c. the open unemployment rate to 5.5% (five comma five percent) up to 5.7% (five commas seven per cent); and d. a decrease in the Gini Ratio, increased exchange rate exchange rate the farmer and fisherman, with consideration of factors that affect, either external or internal. Article 33 this Act comes into force on January 1, 2015. In order to make everyone aware of it, ordered the enactment of this legislation with its placement in the State Gazette of the Republic of Indonesia. Ratified in Jakarta on October 14, 2014, PRESIDENT of the REPUBLIC of INDONESIA Dr. h. SUSILO BAMBANG YUDHOYONO Enacted in Jakarta on October 14, 2014, MINISTER of LAW and HUMAN RIGHTS REPUBLIC of INDONESIA, AMIR SYAMSUDDIN www.djpp.kemenkumham.go.id