Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)

Budget Deficit and Debt: Descriptive Analysis of Indonesia’s Case

Authors
Masfar Gazali
Corresponding Author
Masfar Gazali
Available Online 15 September 2020.
DOI
10.2991/aebmr.k.200915.069How to use a DOI?
Keywords
budget deficit, debt, principal and installments
Abstract

The purpose of this paper is to examine Indonesia’s state budget and debt deficits. Using the descriptive methodology analysis. The secondary data collected from 1998 – 2014. The finding is deficit that occurs due to inadequate income from taxes and non-taxes that the deficit is forced to pay off the debt. This debt becomes very burdensome to the state budget because it must be repaid in principal and interest but the budget is still deficit. The peak occurred in Jokowi’s era. Some implications are deficit must be financed by new debt therefore more burden will be increased. In the other hand current account as well as capital account are also deficit.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
15 September 2020
ISBN
10.2991/aebmr.k.200915.069
ISSN
2352-5428
DOI
10.2991/aebmr.k.200915.069How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Masfar Gazali
PY  - 2020
DA  - 2020/09/15
TI  - Budget Deficit and Debt: Descriptive Analysis of Indonesia’s Case
BT  - Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)
PB  - Atlantis Press
SP  - 309
EP  - 313
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200915.069
DO  - 10.2991/aebmr.k.200915.069
ID  - Gazali2020
ER  -