Increases in Surpluses of Regional Governments in Indonesia : An Empirical Analysis

The overall objective of the study is to identify potential causes to the rapid increase in regional government surpluses. It will be shown that regional government surpluses have rapidly increased because of a confluence of three factors: (i) high...

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2017
Subjects:
BID
TAX
Online Access:http://documents.worldbank.org/curated/en/505481468039870240/Increases-in-surpluses-of-regional-governments-in-Indonesia-an-empirical-analysis
http://hdl.handle.net/10986/28247
Description
Summary:The overall objective of the study is to identify potential causes to the rapid increase in regional government surpluses. It will be shown that regional government surpluses have rapidly increased because of a confluence of three factors: (i) higher than expected revenue, (ii) lower than expected expenditure, and (iii) limited investments in financial assets. The study will identify potential causes for each factor by analyzing differences in actual and budgeted amounts of revenue. This report was presented to representatives of the Ministry of Finance and Decentralization Support Facility (DSF) in a meeting held on 30 May 2008. Comments and corrections of the attendants are reflected in this version of the report.