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Act No. 18 Of 2016

Original Language Title: Undang-Undang Nomor 18 Tahun 2016

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d DBH are

the funds allocated in APBN to the area

based on a certain percentage of revenue

the country to fund the needs of the area in order

decentralization execution.

17. The next General Alallocation Fund (DAU)

is the funds allocated in the APBN to

areas with the purpose of structuring the capability

interregional finance to fund the need

area in order of execution decentralization.

18. The Special Transfer Fund is the allocated funds

in the APBN to the area with the aim to

help fund special, physical

and non-physical activities which are regional affairs.

19. The next Special Allocations Fund (DAK)

is the funds allocated in the APBN to

a specific area with the purpose of assisting

funding special activities that are in business

the area and corresponds to National priority.

20. The next AREA INCENTIVE FUND (DID)

is the funds allocated in the APBN to

certain areas based on certain criteria with

the goal to award the achievement of

performance Certain.

21. Special Autonomy Fund is the allocated funds

in APBN to finance the implementation of autonomy

special of an area, as specified in

Act No. 35 of 2008 on

The Ordinance of Regulation Successor Government Invited-

Invite Number 1 Year 2008 on Changes to

Act Number 21 of 2001 on Autonomy

Special For Papua Province to be Act,

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2016, No. 240 -6-

and Act Number 11 of 2006 on

Aceh Government.

22. The Yogyakarta Special Region Speciality Fund is

the funds allocated in APBN for

hosting the Special Regional privileges

Yogyakarta, as specified in the Invite-

Invite Number 13 Years 2012 on the Speciality

Special Region of Yogyakarta.

23. The Village Fund is the funds allocated in the APBN

which is reserved for the villages transferred through

Regional Revenue and Shopping Budget

district/city and used to finance

governance, implementation

development, correctional coaching, and

community empowerment.

24. Budget Financing is any receipts that

need to be repaid, repayment of

expenses of previous budget years,

refunds for the receipt of the years

previous budgets, use of more budget balances,

and/or expenses to be readmitted, either

in the current budget year and the year-

the next budget year.

25. The remainder of the next Budget Financing

called SiLPA is a difference in the realisation of financing

the budget over the realization of the budget deficit that occurred

in a single reporting period.

26. The next Budget balance is abbreviated as SAL

is the neto accumulation of the SiLPA and the Rest Less

Budget years

and the budget year concerned after

closed, added/reduced by correction

bookkeeping.

27. The country's next valuable letter abbreviated as SBN

includes state debt and sharia-value letters

the country.

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28. The next state debt letter abbreviated as SUN

is a valuable letter of debt recognition letter

in the currency of the rupiah and foreign exchange that

secured interest payments and by the State

Republic of Indonesia in accordance with the expiration.

29. The next State Sharia Letter

abbreviated as SBSN or may be called state sukuk is

SBN published on the principle of sharia,

as a proof of the inclusion section against the assets

SBSN, both in {\cf1 \f1 \f1 \cf1

30. Undefined Government Assistance

which is later abbreviated as BPYBDS is the help

Government of the State-owned Goods derived from

APBN, which has been operated and/or used by

BUMN based on the Serah Accept Event News and

to date is recorded on the financial report

the state/agency ministry or on the BUMN.

31. Subsequent state capital inclusion

PMN is the APBN fund allocated to

the wealth of the country separated or set up

corporate reserves or other sources to be made

as the capital of BUMN and/or limited liability

other and corporate managed.

32. Rolling funds are funds managed by a particular BLU

to be loaned out and rolled out to

citizens/agencies with a goal to

improve the people's economy and other goals.

33. Home Loan is any loan by

The government obtained from the lender in

the country that must be repaid with the requirement

certain, appropriate for the expiring term.

34. Warranty Obligation is a liability that

potential as a Government load as a result of granting

assurances to the ministry of state/agency,

Local Government, State-owned Business Agency, and

Regional-owned Business Agency in terms of the ministry

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state/agency, Local Government, Property Agency

Country, and the Regional Proprietary Entity referred to

may fulfill its obligations to its creditors

and/or the business entity pursuant to the agreement loan or

cooperation agreement.

35. The Neto Foreign Loan is all financing

which comes from overseas loan withdrawations that

consists of cash loans and activities loans

minus the loan of the loan principle

overseas.

36. Cash Loans are foreign loans in

form of devisa and/or rupiah used for

APBN deficit financing and portfolio management

debt

37. An Activity loan is a foreign loan that

is used for the financing of certain activities

the ministry of state/agency, a loan that

is loaned to the local government and/or

BUMN, and the loan that published to

local government.

38. Lending is a Central Government loan

to the Local Government, BUMN, Institution, and/or

other bodies that must be repaid with

certain provisions and requirements.

39. Education Budget is the budget allocation in

education functions which are budgeted through the ministry

state/agency, education budget allocation through

transfer to the area and village funds, and budget allocation

education through financing expenses, including

education pay, but not including the education budget

kedinasan, to finance the hosting

education that the Government is responsible for.

40. The percentage of the Education Budget of State Shopping

in order to fund the implementation of fiscal decentralization

in the form of the Balance Fund, the Regional Incentive Fund, the Fund

Special Autonomy, and the Regional Specification Fund

The Special Yogyakarta.

14. The balancing fund is the funds allocated in

APBN to the area to fund the needs of the area

in order for implementation decentralization consisting of

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over the General Transfer Fund and the Special Transfer Fund.

15. The General Transfer Fund is the allocated funds

in the APBN to the area for use in accordance

with the regional authority to fund the need

the area in order to perform decentralization.

16. The funds for the results that are next abbreviate>

sixty-six thousand rupiah).

(6) The BLU Revenue as referred to in paragraph (1)

the letter d is planned to be Rp37.615.097.368.000.00

(thirty-seven trillion six hundred fifteen billion

ninety-seven million three hundred sixty-eight

thousand rupiah).

(7) Further provisions regarding the PNBP details of the Year

The 2017 Budget as referred to in paragraph (2),

paragraph (3), paragraph (5), and paragraph (6) is set in Regulation

The President.

Article 6

The acceptance of the Hibah as referred to in Article 3

letter c is planned to be Rp1.372.661.602.000.00 (one

trillion three hundred seventy two billion six hundred six

twenty-one million six A hundred and two thousand rupees.

Article 7

The State Budget Year 2017 Budget Office planned

amounting to Rp2.080.451.168.747.000.00 (two quadriliun eight

twenty trillion four hundred fifty one billion

sixty-eight million seven hundred and forty-seven thousand

rupiah), which consists of:

a. Central Government Shopping budget; and

b. budget Transfer to the Regional and Village Funds.

Article 8

(1) The Central Government Shopping Budget as

referred to in Section 7 of the letter a planned

Rp1.315.526.103.976.000.00 (one quadriliun three hundred

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2016, No. 240 -14-

fifteen trillion five hundred and twenty-six billion

one hundred and three million nine hundred and seventy-six thousand

rupiah).

(2) The Central Government Shopping Budget as

is referred to in paragraph (1) including the management program

state grant of Rp2.199.074.000.00 (two

trillion hundred ninety-nine billion seven

four million rupiah), which are envisaged and/or

are illuminated even to the area.

(3) The Central Government Shopping Budget as

referred to the paragraph (1) is grouped over:

a. Central Government Shopping According To Functions;

b. Central Government Shopping According to the Organization; and

c. Central Government Shopping According to the Program.

(4) Further provisions regarding budget details

The Central Government Shopping According to the Functions, Organizations,

and the Program as referred to in paragraph (3), is set

in Regulation President.

Article 9

(1) The Transfer Budget to the Village and Village Funds

as referred to in Article 7 of the letter b

is planned to be Rp764,925.064.771.000.00 (seven

hundred sixty-four trillion nine Hundred and two.

20 billion sixty-four million seven hundred

seventy-one thousand rupiah), which consists of:

a. Transfer to the Area; and

b. Village Fund.

(2) Transfer to the Regions as referred to in paragraph (1)

letter a planned to be

Rp704.925.064.771.000.00 (seven hundred four trillion

nine hundred and twenty-five billion sixty-four

million seven hundred and seventy-one thousand rupiah), which

consists of:

a. Balance Funds;

b. DID; AND

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c. Special Autonomy Fund and Special Fund

Special Region of Yogyakarta.

(3) The Village Fund as referred to in paragraph (1)

letter b is planned to be Rp60.000.000.000.00

(sixty trillion rupiah).

(4) The Village Fund as referred to in paragraph (3)

is allocated to any county/city with

provisions:

a. 90% (ninety percent) is allocated

evenly to each village; and

b. 10% (ten percent) is allocated based on

village population, village poverty, area

village area, and village geographic difficulty level.

Article 10

The Balance Fund as referred to in Article 9

verse (2) a planned letter

Rp677.079,873.537.000.00 (six hundred seventy-seven

trillion seventy nine billion eight hundred seventy

three million five hundred thirty-seven thousand rupiah), which consists of

top:

a. General Transfer Funds; and

b. Special Transfer Fund.

Article 11

(1) The General Transfer Fund as referred to in

Article 10 letter a is planned to be

Rp503.632.663.501.000.00 (five hundred three trillion six

hundred thirty-two billion six hundred sixty-three

million five hundred one thousand rupiah), which consists of:

a. DBH; and

b. YOU ARE.

(2) DBH as referred to in paragraph (1) the letter a

is planned to be Rp92.793.395.139.000.00

(ninety-two trillion seven hundred ninety

three billion three hundred and ninety-five million.

thirty-nine thousand rupiah), consisting of:

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a. DBH Taxes amounted to Rp58.576.503.913.000.00 (five

twenty-eight trillion five hundred seventy-six

billion five hundred and three million nine hundred and thirteen

thousand rupiah), with details:

1. DBH Tax year running budget is

Rp53.021.040.307.000.00 (fifty-three trillion

twenty-one billion forty million three hundred

seven thousand rupiah); and

2. Less Pay DBH amounted to

Rp5.555.463.606.000.00 (five trillion five hundred

fifty-five billion four hundred sixty

three million six hundred six thousand rupiah).

b. DBH SDA amounted to Rp34.216.891.226.000.00 (three

twenty-four trillion two hundred sixteen billion

eight hundred and ninety-one million two hundred

twenty-six thousand rupiah), with details:

1. DBH SDA year budget runs

Rp28,915.462.366.000.00 (twenty-eight

trillion nine hundred fifteen billion four

hundred sixty-two million three hundred sixty

six thousand rupiah); and

2. Less Pay DBH SDA amounted to

Rp5.301.428.860.000.00 (five trillion three hundred

one billion four hundred and twenty-eight million

eight hundred sixty thousand rupiah).

(3) The Tax DBH as referred to in paragraph (2) of the letter a

consists of:

a. Earth Taxes and Buildings (UN);

b. Income Tax (PPh) Article 21, Article 25 and Article

29 Wajib Tax Persons in Internal Affairs

(WPOPDN); and

c. Tobacco tax (CHT).

(4) DBH SDA as referred to in paragraph (2) letter b

consists of:

a. Petroleum and Earth Gas;

b. Minerals and Batubara;

c. Forestry;

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2016, No. 240 -17-

d. Fishery; and

e. Heat of the Earth.

(5) DBH Forests as referred to in paragraph (4)

letter c, special Rebozation Fund previously

funneled into district/producing cities, starting the Year

The 2017 Budget is channeled into the producing province for

finance the activities of rebozation and rehabilito corporate governance principles

both; and

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c. The government conducted a settlement oversight

a problematic debt on the BUMN in the area of business

the banking.

(5) The other PNBP as referred to in paragraph (1) the letter

c is planned to be Rp84.428.114.466.000.00

(eighty-four trillion four hundred twenty

eight billion hundred fourteen million four hundred

million rupiah);

d. The Agricultural Field amounted to Rp1.650.038,563,000.00

(one trillion six hundred fifty billion thirty

eight million five hundred sixty-three thousand rupiah);

e. The Marine Field and Fisheries amounted to

Rp926.500.000.00 (nine hundred twenty

six billion five hundred million rupiah);

f. Small and Medium Industrial Sentra Field of

Rp531.500.000.00 (five hundred and thirty one

billion five hundred million rupiah); and

g. Tourism area of Rp504.400.000.00

(five hundred four billion four hundred million rupiah).

(5) The DAK Assignment as referred to in paragraph (3)

letter b is used to fund activities:

a. Vocational Secondary School Education Field

amounting to Rp1,951.802.990.000.00 (one trillion

nine hundred fifty one billion eight hundred

two million nine hundred and ninety thousand rupiah);

b. Area of Health (Hospital of Rute/pratama)

amounting to Rp4,831.260.000.00 (four trillion

eight hundred thirty one billion two hundred six

tens of millions of rupiah);

c. The field of Drinking Water amounted to Rp1,200,300,000.00

(one trillion two hundred billion three hundred million rupiah);

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d. The Sanitation Field amounted to Rp1,1.250,200,000.00

(one trillion two hundred fifty billion two hundred

million rupiah);

e. The Road area is Rp19.690.100.000.00

(nineteen trillion six hundred ninety

billion hundred million rupiah);

f. Market Field of Rp1.035,700.000.00 (one

trillion thirty five billion seven hundred million rupiah);

g. Irrigation field amounted to Rp4,005.100,000.00

(four trillion five billion hundred million rupiah); and

h. The field of Small and Medium Scale Energy amounted to

Rp502.300.000.00 (five hundred two billion three

hundred million rupiah).

(6) DAK Aaffirm as referred to in paragraph (3) the letter

c is used to fund activities:

a. The area of Housing and Settlement amounted to

Rp383,300.000.00 (three hundred eighty-three

billion three hundred million rupiah);

b. Transport field amounted to Rp844,100,000.00

(eight hundred and forty-four billion hundred million

rupiah); and

c. The field of Health amounted to Rp2.251.798.883.000.00

(two trillion two hundred and fifty-one billion seven

hundred ninety-eight million eight hundred

eighty-three thousand rupiah).

(7) Nonphysical DAK as referred to

paragraph (1) letter b is planned to be

Rp115.104.999,600.000.00 (one hundred and fifteen trillion

one hundred four billion nine hundred ninety

nine million six hundred thousand rupiah), which consists of:

a. The School Operational Assistance Fund (BOS) amounted to

Rp45.119.999,600.000.00 (forty-five trillion

one hundred nineteen billion nine hundred

ninety-nine million six hundred thousand

rupiah);

b.

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2016, No. 240 -23-

Rp3.581.700.000.000.00 (three trillion five hundred

eighty-one billion seven hundred million rupiah);

c. The PNS Teacher's Professions Fund of the Region amounted to

Rp55.573,400.000.00 (fifty-five trillion

five hundred and seventy-three billion four hundred million

rupiah);

d. Additional Fund Income Teacher PNS Region

amounting to Rp1.400,000.000.00 (one trillion four

hundred billion rupiah);

e. Health Operations Assistance Fund (BOK) and

Family Planning Assistance (BOKB)

amounting to Rp6.910.000.000.00 (six trillion

nine hundred ten billion rupiah);

f. Cooperative Capacity Cooperative, Small Effort

and Medium, (PK2 UKM) amounted to

Rp100.000.000.00 (one hundred billion rupiah);

g. Special benefits Teacher PNS Regional in Area

Special to Rp1.669,900.000.00 (one trillion

six hundred sixty-nine billion nine

hundred million rupiah); and

h. The Occupation of the Occupation Administration amounted to

Rp750.000.000.00 (seven hundred fifty billion

rupiah).

(8) The DAK recipient area provides no funds

escorts.

Article 13

(1) DID as referred to in Article 9 of the paragraph (2) the letter

b is planned to be Rp7.500,000.000.00 (seven

trillion five hundred billion rupiah).

(2) DID are allocated based on the main criteria and criteria

performance.

(3) Further provisions regarding performance criteria

as referred to in paragraph (2) are set up with

The Finance Minister Regulation on the rating

fiscal health and financial management of the area.

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(4) The admission was used according to the need

and the regional priority.

Section 14

(1) Special Autonomy Fund and Regional Speciality Fund

Special Yogyakarta as Referred to in Article

9 verses (2) the letter c is planned to be

Rp20.345.191.234.000.00 (twenty trillion three hundred

forty-five billion hundred ninety one

million two hundred and thirty-four thousand rupiah), which consists of

up:

a. Special Autonomy Fund; and

b. Yogyakarta Special Area Special Fund.

(2) The Special Autonomy Fund as referred to

paragraph (1) a planned letter

Rp19.545.191.234.000.00 (nineteen trillion five

hundred forty-five billion One hundred and ninety

one million two hundred and thirty-four thousand rupiah), which

consists of:

a. The allocation of the Special Autonomy Fund of the Province of Papua and

of the Province of West Papua as of

Rp8,022,595.617.000.00 (eight trillion twenty

two billion five hundred ninety-five million six

hundred seventeen thousand rupiah) shared each-

each with a 70% proportion (seventy percent)

for Papua Province and 30% (thirty percent)

for West Papua Province with details as

following:

1. New Papua Province Special Autonomy Fund

Rp5.615.816.932,000.00 (five trillion six hundred

fifteen billion eight hundred sixteen million

nine hundred and thirty-two thousand rupiah); and

2. West Papua Provincial Special Autonomy Fund

amounted to Rp2,406.778.685.000.00 (two trillion

four hundred six billion seven hundred seventy

eight million six hundred eighty-five thousand

rupiah).

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b. Allocation of Aceh Provincial Special Autonomy Fund of Aceh

Rp8.022,595.617.000.00 (eight trillion twenty

two billion five hundred ninety-five million six

hundred seventeen thousand rupiah); and

c. Infrastructure Additional Ineighty-three thousand rupiah).

(4) Regular DAK as referred to in paragraph (3) the letter

a is used to fund activities:

a. Education Field amounted to Rp6.107.100.000.00

(six trillion hundred seven billion hundred million

rupiah);

b. The field of Health amounted to Rp10.021.820.000.00

(ten trillion twenty-one billion eight hundred

twenty million rupiah);

c. The area of Housing and Settlement

amounted to Rp654,890.000.00 (six hundred five

up to forty-four billion eight hundred of the Budget Year

2017, as referred to in Article 3, smaller

than the State Shopping budget amount as

referred to in Article 7 so that in Year

The 2017 Budget is a budget deficit of

Rp330.167.788.571.000.00 (three hundred thirty trillion

one hundred sixty-seven billion seven hundred eight

tens of eight million five hundred and seventy-one thousand

rupiah) that will be financed from Budget Financing.

(2) The provisions of the Budget Financing Allocation

as referred to in paragraph (1), are listed in

Attachment I which is an inseparable part

of this Act.

(3) Further provisions on the details of the allocation

Budget Financing set forth in Annex I

This Act is set in President ' s Rules.

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Article 23

(1) In terms of the budget expected to exceed the deficit beyond

the target specified in APBN, the Government could

use the SAL fund, the Tunai Loan withdrawal,

and/or SBN publishing as an additional

financing.

(2) Liability arising from the use of SAL funds,

loan withdrawal Tunai, and/or SBN issuer

in addition to the financing as intended

on paragraph (1) is charged on the state budget.

(3) Use of SAL funds, Tunai loans, and/or

SBN issuers in addition to financing

as referred to in paragraph (1) reported

The Government in the Central Government Financial Report

(LKPP) year 2017.

(4) Further provisions of the deficit forecast

exceed the target and use of SAL funds, Loans

Tunai, and/or SBN issuers in addition

financing as being referred to in paragraph (1) is set

with the Minister of Finance Regulation.

Article 24

(1) The government may use the ministry program

the Pure Rupiah-sourced institution

in the Central Government Shopping budget allocation to

can be used as a basis for SBSN publishing.

(2) The details of the Ministry of state/institute programs that

may be used as the basis of the SBSN publishing

specified by the Minister of Finance after the passage

APBN Act of the Budget Year 2017 and

the designation President ' s Rule regarding APBN Details

Year of Budget 2017.

(3) Further provisions on the use of the program

Ministry of states/agencies as the basis of publishing

SBSN as referred to paragraph (1) is set

with the Finance Minister Regulation.

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Article 25

(1) The government may use the remainder of the issuer fund

SBSN for financing of the Ministry's activities/projects

unabsorbed institutions of the Year

The 2016 Budget for Financing the continued implementation

activities/project in the Budget Year 2017.

(2) The use of the remaining SBSN publishing funds for

financing activities/projects of the Ministry

states/agencies as referred to in paragraph (1)

reported by the Government in APBN Changes

Year of Budget 2017 and/or Financial Report

Central Government (LKPP) Year 2017.

(3) Further provisions on the use of the remainder of the fund

the issuance of SBSN for financing of activities/projects

The ministry of state/agency as intended

on paragraph (1) is governed by the Regulation of the Minister of Finance.

Article 26

(1) In the event of a domestic SBN market crisis, the Government

with the approval of the People's Representative Council is granted

the authority uses SAL to do

stabilization of the domestic SBN market after account

budget needs up to the end of the year

budget running and the beginning of next budget year.

(2) The Agreement of the People's Representative Council as

referred to paragraph (1) is the stated decision

in the conclusion of the Budget Body Meeting

House of Representatives People with the Government, which

are granted in no more than 1x24 (one time

twenty-four) hours after the proposal was delivered

Government to the People's Representative Council.

(3) The number of SAL usage in order market stabilization

SBN as referred to in paragraph (1) reported

Government in the APBN Change of the Budget Year

2017 and/or the Central Government Financial Report

(LKPP) 2017.

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2016, No. 240 -32-

(4) Further provisions on the use of SAL in

order stabilization of the domestic SBN market as

referred to paragraph (1) is governed by the Minister Regulation

Finance.

Article 27

(1) In terms of the realization of state acceptance is not sufficient

to meet the country ' s spending needs at

at any given time, its shortness can be met from the funds

SAL, SBN issuer, or State Shopping adjustment.

(2) The government can publish SBN to finance

cash management needs for the implementation of APBN,

if cash management cash is not sufficient available

to meet the needs State expense at the beginning.

years.

(3) The government can repurchase SBN

for the benefit of market stabilization and cash management

with still paying attention to the amount of need

issuer SBN neto to meet the needs

financing which is set.

(4) The government can perform the payment acceleration

the underlying mortgage interest in the portfolio management framework

debt through the issuance of SBN.

(5) In case there is a financing instrument of the debt

that is more profitable and/or unavailability

one of the financing instruments of the debt, Government

can do instrument composition changes

debt financing in order to maintain resilience

economy and fiscal.

(6) In terms of the necessary reallocation of debt interest budget

as the impact of instrument composition changes

debt financing as referred to in paragraph (5),

The government can reallocate of the payment

the debt interest overseas to debt interest payments

within the country or otherwise.

(7) To lower the SBN publishing costs and

ensure the availability of financing through debt,

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The government may receive a debt issuer guarantee

from the agency that can run the function

the disposal, and/or accept the facility in the form

financing support.

(8) The execution of the provisions as referred to

paragraph (1) to the paragraph (7) is specified by

Government and reported in APBN Changes

Year of Budget 2017 and/or Financial Report

The Central Government (LKPP) Year 2017.

Article 28

a comparison of Education Budget allocations as

referred to paragraph (1) against the total Shopping budget

State of Rp2.080.451.168.747.000.00 (two

quadriliun eighty trillion four hundred fifty

one billion hundred sixty-eight million seven hundred

forty-five thousand rupiah).

(3) Further provisions on Budget details

Education as referred to in paragraph (1), set

in the Presidential Regulation.

Article 22

(1) The amount of the State Revenue budgetd not limited to restructuring and

granting of debt relief staple up to 100%

(one hundred percent).

(2) Further provisions of the settlement layout

Government of Government agencies as intended

in paragraph (1) are governed by the Regulation of the Minister of Finance.

Article 35

(1) In mid-Year Budget 2017, Government

compiling the implementation report of APBN Semester First

Year of Budget 2017 regarding:

a. State Revenue realization;

b. State Shopping realization; and

c. The realization of Budget Financing.

(2) In the report as referred to in paragraph (1)

The government includes a prognosis for 6 (six) months

next.

(3) Reports as referred to in paragraph (1) and paragraph

(2) delivered to the People's Representative Council

slow at the end of July 2017, to be discussed

together between the People's Representative Council and

Government.

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Section 36

(1) APBN adjustment of the 2017 Budget Year with

developments and/or state changes discussed

with the People's Representative Council with the Government

in order of drafting estimates of the top change

APBN of the Budget Year 2017, if it occurs:

a. the development of a macro economic indicator that is not

in accordance with the assumptions used in APBN

Year of Budget 2017;

b. changes to fiscal policy;

c. circumstances that cause it should be done

interunit budget interunits of organization and/or

interprograms; and/or

d. the circumstances that caused SAL the previous year

should be used for budget financing of the year

running.

(2) SAL as referred to in paragraph (1) the letter d is

SAL in the Bank Indonesia account which

its use is specified by the Minister of Finance pursuant to

with applicable and reported provisions

The liability of the APBN implementation.

(3) The government submitted an Act

regarding Changes to the Budget Act

State Budget and Shopping Year 2017

based on the change as it referred to

paragraph (1) for get the Board approval

People ' s Representative before the 2017 Budget Year

ends.

Article 37

(1) In an emergency, in the event of matters as

following:

a. economic growth projection under the assumption

and deviation of other macroeconomic base assumptions

that led to the decline of state revenue

and/or increased state spending

is significant; and/or

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2016, No. 240 -39-

b. the rise in debt costs, in particular the imbal of SBN results

significantly,

The government with the approval of the House of Representatives

The people can do the steps:

1. expenses that have not been available on the budget

and/or expenses exceeding the specified pagu

in the 2017 APBN Budget Year;

2. Interprogram shopping budget shifts in

one budget and/or intersection

budget by considering targets

a fixed national priority program must be achieved;

3. The State Shopping Pagu reduction in order

increased efficiency, by keeping the target

priority program that remains to be achieved;

4. The use of SAL to close the shortfall

APBN financing, with first

taking into account the availability of SAL for

budget needs up to the end of the year

budget runs and early budget year

next; and/or

5. the addition of debt derived from withdrawrights

loans and/or SBN issuers.

(2) The Agreement of the People's Representative Council as

referred to in paragraph (1) is the stated decision

in the conclusion of the Budget Body Meeting

The People's Representative Council with the Government, which

given in no more than 1x24 (one time

twenty-four) hours after the proposal was delivered

Government to the People's Representative Council.

(3) In terms of the People's Representative Council approval

as intended on paragraph (1) because of an and

other things have not been established, the Government can

take the steps as intended

in paragraph (1).

(4) The Government convees the implementation of the step-

policy steps as referred to in paragraph (1)

in the APBN Changes of the Budget Year 2017 and/or

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2016, No. 240 -40-

Central Government Finance Report (LKPP) Year 2017.

Article 38

(1) In the case of the Institution Guaranteed Board experienced

liquidity difficulties, the Government may provide

a loan to the Safe Savings Institute.

(2) The source of the funds for the grant of loans as

is referred to in paragraph (1) as follows:

a. The use of SAL to close the shortfall

APBN financing, with first

taking into account the availability of SAL for

budget needs up to the end of the year

budget runs and early budget year

next; and/or

b. the addition of debt derived from withdrawrights

loans and/or SBN issuers.

(3) Provisioning Institute

as specified by paragraph (1) and the use of the source

funds for the awarding of the loan as intended

paragraph (2) is implemented after obtaining the consent

The People's Representative Council.

(4) The Agreement of the People's Representative Council as

referred to in paragraph (3) is the stated decision in

in the conclusion of the Council Budget Office

The People's Representative with the Government, granted

in no more than 1x24 (one-twenty

four) hours after the proposal is submitted the Government

to the People's Representative Council.

(5) In terms of the People's Representative Council approval

as referred to in paragraph (3) because one and other things

has not been established, The government may provide

a loan to the Savings Institute

as referred to in paragraph (1) and use

the source of the funds for the grant of the loan as

is referred to in paragraph (2).

(6) In the event of a loan grant as

is referred to in paragraph (1), the Government reported in

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2016, No. 240 -41-

The State Budget and Revenue Budget

year running and/or in the Financial Report

The Central Government (LKPP) year on.

(7) The source of the funds for the loan grant as

referred to in paragraph (2) is reported in the Budget

State Revenue and Spending Year changes running years

and/or reported in the Financial Report

The Central Government (LKPP) year on.

Article 39

(1) After the 2017 n of the transaction

The Value Lindung as referred to the paragraph (2) is set

with the Financial Minister Regulation.

Article 34

(1) the Finance Minister is authorized to

resolve the Government of Government receivance that

taken care of/managed by the Committee Debt Management

State/Directorate General of Wealth of State, in particular

debt against micro, small, and medium enterprises

(UMKM), and debt Credit Owner Home

Simple/Home Very Simple (KPR RS/RSS),

covering anBudget Year ended, the Government

drafted Liability for the implementation of APBN

Year of Budget 2017 is Financial Report

The Central Government (LKPP).

(2) The Central Government Financial Report (LKPP)

as referred to in paragraph (1) is compiled

based on the Governing Accounting Standard (SAP).

(3) The Government submitted an Act

on the Accountable of Budget Implementation

The State Budget of the Budget Year 2017,

after the Central Government Finance Report (LKPP)

as referred to in paragraph (1) checked by

The Financial Examiner Agency, at least 6 (six)

months after the 2017 Budget Year ended for

obtaining the approval of the People's Representative Council.

Article 40

The APBN posture of the 2017 Budget Year which contains details

The State Revenue magnate, State Shopping, Surplus/Defisit

Budget, and Budget Financing listed in

Appendix II which is an inseparable part of

This Act.

Article 41

The President ' s Regulation on Revenue Budget details

and the State Shopping Year 2017 which are

implementation of this Act must be set to be most

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2016, No. 240 -42-

slow November 30, 2016.

Section 42

The government in implementing the 2017 Budget Year APBN

sought fulfillment of the economic growth objective

which is reflected in:

a. Decrease in poverty to 10.5% (ten

comma five percent);

b. jobless rate is open to 5.6%

(five comma six percent);

c. This Gini Ratio decrease to 0.39 (zero comma

three nine); and

d. increased Human Development Index (IPM)

up to 70.1 (seventy-point one).

Article 43

The provisions of the SBN issuer as referred to

in Article 28 begin to apply on the date of the Act

this is promulred.

Article 44

This Act goes into effect on January 1,

2017.

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2016, No. 240 -43-

For everyone to know, ordered

invitates of this Act with its placement

in the Republic of Indonesia state sheet.

Passed in Jakarta

on 17 November 2016

PRESIDENT OF THE REPUBLIC OF INDONESIA,

ttd.

JOKO WIDODO

promulred at

on 18 November 2016

MINISTER OF LAW AND HUMAN RIGHTS

REPUBLIC OF INDONESIA,

ttd.

YASONNA H. LAOLY

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