Rp 362b revised budget proposed

Rp 362b revised budget proposed

JAKARTA: The Jakarta administration will propose additional
budget allocations of Rp 362 billion in the 2005 revised budget,
an official says.

Deputy Governor Fauzi Bowo said that the additional budget
allocations were needed due to factors such as the fuel price
increases and unexpected additional spending.

In addition, he said that a number of new projects, including
the development of gas supply network for new busway projects,
had forced the administration to revise the budget.

No details were immediately available on the additional
allocations.

The original 2005 budget contained allocations amounting to Rp
14.01 trillion.

The proposed revised budget will soon be submitted to the City
Council for approval. --JP