• Home
  • News
  • Finance Minister Orders Cuts to 16 Budget Categories
banner banner
Economy

Finance Minister Orders Cuts to 16 Budget Categories

By Admin 1 Rabu, 29 Januari 2025 Pengunjung (148) 1 Mins Read
finance-minister-orders-cuts-to-16-budget-categories

Inp.polri.go.id - Jakarta.  Minister of Finance Sri Mulyani Indrawati has issued a directive for ministries and agencies to implement budget cuts across 16 categories, effective from February 2025 to follow up Presidential Instruction No. 1/2025, which aims to achieve an efficiency of Rp256.1 trillion.

The cuts include reductions of up to 90% in areas such as office supplies (90%), ceremonial activities (56.9%), seminars (45%), studies (51.5%), and training (29%). 

“Identifying efficiency plans is crucial for controlling unnecessary spending,” according to Minister Sri Mulyani’s directive, as quoted by antaranews.com.

The reductions exclude salaries and social assistance programs. Ministries are required to submit their efficiency plans to the Finance Ministry by 14 February 2025.

 If no plan is submitted, the Finance Ministry will apply the cuts autonomously. 

The initiative aims to prioritize operational efficiencies, excluding funds from government loans and social assistance.

(mg/inp/pr/nm)

 

banner banner

Related Post