UU Nomor 3 Tahun 2015 Translate

COPY
PRESIDENT
OF THE REPUBLIC OF INDONESIA
LAW OF THE REPUBLIC OF INDONESIA

NUMBER 3 OF 2015
REGARDING
AMENDMENT TO LAW NUMBER 27 OF 2014 REGARDING STATE BUDGET
REVENUES AND EXPENDITURES OF THE FISCAL YEAR 2015
BY THE GRACE OF GOD ALMIGHTY
THE PRESIDENT OF THE REPUBLIC OF INDONESIA,
Considering
: a. whereas State Budget Revenues and Expenditures of

the Fiscal Year 2015 is prepared in accordance with
the need of state administration and the capability in
accumulating the state revenue for supporting the
realization of national economy on the basis of
economic
democracy
with
the
principle
of
togetherness,
equitable,
efficiency,
continuity,
environmental sense, and self-reliance, in order to
achieve safe and peaceful, fair and democratic
Indonesia, to improve the welfare of the people as
well as to safeguard the balance of progress and the
unity of national economy;
b. whereas since the enactment of Law Number 27 of
2014 regarding State Budget Revenues and
Expenditures of the Fiscal Year 2015, development
and changes have occurred in basic assumptions of
macroeconomic which are accompanied by changes
in the principal fiscal policy and budget shifts
between organizational units and/or between
programs that cause significant impact in the
amounts in State Budget Revenues and Expenditures
of the Fiscal Year 2015;
c.
whereas in order to safeguard the implementation of

State Budget Revenues and Expenditures of the
Fiscal Year 2015, it is necessary to immediately make
adjustments
to target
state
revenue,
state
expenditure, budget deficit, and the needs and
sources of budget financing, in order to be more
realistic and capable of supporting the achievement
of development goals in 2015 and the medium term;
d. whereas . . .
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d. whereas based on considerations as referred to in

letters a, b, and c, it is necessary to stipulate a Law
regarding Amendment to Law Number 27 of 2014
regarding State Budget Revenues and Expenditures
of the Fiscal Year 2015;
In view of
: 1. Article 5 paragraph (1), Article 20, Article 23

paragraph (1) and paragraph (2), Article 31
paragraph (4), and Article 33 paragraph (1),
paragraph (2), paragraph (3), and paragraph (4) of the
1945 Constitution of the State of the Republic of
Indonesia;
2. Law Number 17 of 2003 regarding State Finances
(Supplement Number 4286 to the State Gazette of the
Republic of Indonesia Number 47 of 2003);
3. Law Number 17 of 2014 regarding People
Consultative Assembly, House of Representative,
Regional Representative Council, and Regional House
of Representative (Supplement Number 5568 to the
State Gazette of the Republic of Indonesia Number
182 of 2014) as amended by Law Number 42 of 2014
regarding Amendment to Law Number 17 of 2014
regarding People Consultative Assembly, House of
Representative, Regional Representative Council, and
Regional House of Representative (Supplement
Number 5650 to the State Gazette of the Republic of
Indonesia Number 383 of 2014);
4. Law Number 27 of 2014 regarding State Budget
Revenues and Expenditures of the Fiscal Year 2015
(Supplement Number 5593 to the State Gazette of the
Republic of Indonesia Number 259 of 2014);
With ...
PRESIDENT
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With the Joint Approval of

THE HOUSE OF REPRESENTATIVE OF THE REPUBLIC OF INDONESIA
and
THE PRESIDENT OF THE REPUBLIC OF INDONESIA
BE IT HEREBY RESOLVED:
To stipulate
LAW REGARDING AMENDMENT TO LAW NUMBER 27

OF 2014 REGARDING STATE BUDGET REVENUES
AND EXPENDITURES OF THE FISCAL YEAR 2015.
Article I
Several provisions in Law Number 27 of 2014 regarding
State Budget Revenues and Expenditures of the Fiscal
Year 2015 (Supplement Number 5593 to the State Gazette
of the Republic of Indonesia Number 259 of 2014) shall be
amended as follows:
1.
Provision of Article 3 shall be amended, so as to read

as follows:
Article 3
State Budget Revenue of the Fiscal Year 2015 shall
be planned at Rp1,761,642,817,235,000.00 (one
quadrillion seven hundred sixty-one trillion six
hundred forty-two billion eight hundred seventeen
million two hundred and thirty-five thousand rupiah),
which is sourced as follows:
a. Taxation Revenue;
b. PNBP (Non-Tax State Revenue); and
c. Grants Revenue.
2. Provision. . .
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2.

as follows:
Article 4
(1)
Taxation revenue as referred to in Article 3 letter

a
shall
be
planned
at
Rp1,489,255,488,129,000.00 (one quadrillion
four hundred eighty-nine trillion two hundred
fifty-five billion four hundred eighty-eight million
one hundred and twenty-nine thousand rupiah),
which consists of:
a. Domestic Tax Revenue; and
b. International Trade Tax Revenue.
(2)
Domestic Tax Revenue as referred to in

paragraph (1) letter a shall be planned at
four hundred thirty-nine trillion nine hundred
ninety-eight billion five hundred ninety-eight
million two hundred and thirty-nine thousand
rupiah), which consists of:
a. income tax revenue;
b. value added tax of goods and services and
sales tax on luxury goods revenue;
c. property tax revenue;
d. excise revenue; and
e. other tax revenue.
(3)
Income Tax revenue as referred to in paragraph

(2)
letter
a
shall
be
planned
at
Rp679,370,136,164,000.00
(six
hundred
seventy-nine trillion three hundred seventy
billion one hundred thirty-six million one
hundred and sixty-four thousand rupiah), which
includes income tax borne by Government (PPh
DTP) for:
a. geothermal . . .
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a. geothermal
commodity
as
much
as
Rp2,190,000,000,000,00 (two trillion one
hundred and ninety billion rupiah), including
PPh DTP for deficit in 2012-2014 as much as
Rp1,068,970,000,000.00 (one trillion sixtyeight billion nine hundred and seventy million
rupiah) of which implementation shall be
governed by the Regulation of the Minister of
Finance; and
b. interest, yields, and third party's income
upon the service provided to the Government
in issuance and/or re-buy/exchange of SBN
(Government Securities) in international
market, yet it does not include local legal
consultant
service,
as
much
as
Rp5,990,000,000,000.00 (five trillion nine
hundred and ninety billion rupiah), including
PPh DTP for deficit in 2012-2013 as much as
Rp748,350,000,000.00 (seven hundred fortyeight billion three hundred and fifty million
rupiah) of which implementation shall be
governed by the Regulation of the Minister of
Finance.
(4)
Value Added Tax of Goods and Services and

Sales Tax on Luxury Goods Revenue as referred
to in paragraph (2) letter b shall be planned at
Rp576,469,166,972,000.00
(five
hundred
seventy-six trillion four hundred sixty-nine
billion one hundred sixty-six million nine
hundred and seventy-two thousand rupiah).
(5)
Property Tax Revenue as referred to in paragraph

(2)
letter
c
shall
be
planned
at
Rp26,689,881,492,000.00 (twenty-six trillion six
hundred eighty-nine billion eight hundred
eighty-one million four hundred and ninety-two
thousand rupiah).
(6)
Excise Revenue as referred to in paragraph (2)

letter
d
shall
be
planned
at
Rp145,739,923,240,000.00 (one hundred fortyfive trillion seven hundred thirty-nine billion
nine hundred twenty-three million two hundred
and forty thousand rupiah).
7)
Other . . .
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7)
Other Tax Revenue as referred to in paragraph

(2)
letter
e
shall
be
planned
at
Rp11,729,490,371,000.00 (eleven trillion seven
hundred twenty-nine billion four hundred ninety
million three hundred and seventy-one thousand
rupiah).
(8)
International Trade Tax Revenue as referred to in

paragraph (1) letter b shall be planned at
Rp49,256,889,890,000.00 (forty-nine trillion two
hundred fifty-six billion eight hundred eightynine million eight hundred and ninety thousand
a. import duty revenue; and
b. export duty revenue.
(9)
Import duty revenue as referred to in paragraph

(8)
letter
a
shall
be
planned
at
Rp37,203,870,000,000.00 (thirty-seven trillion
two hundred three billion eight hundred and
seventy million rupiah), which includes import
duty borne by Government (BM DTP) as much as
Rp1,000,000,000,000.00 (one trillion rupiah).
(10) Export duty revenue as referred to in paragraph

(8)
letter
b
shall
be
planned
at
Rp12,053,019,890,000.00 (twelve trillion fiftythree billion nineteen million eight hundred and
ninety thousand rupiah).
(11) Further provision regarding detail Tax Revenue
of Fiscal Year 2015 as referred to in paragraph
(2) and paragraph (8) shall be governed by the
Presidential Regulation.
3.

as follows:
Article 5
(1)
PNBP as referred to in Article 3 letter b shall be

planned at Rp269,075,425,159,000.00 (two
hundred sixty-nine trillion seventy-five billion
four hundred twenty-five million one hundred
and fifty-nine thousand rupiah), which consists
of:
a. natural . . .
PRESIDENT
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a. natural resources revenue;

b. portion of BUMN (State Owned Enterprises)
profit revenue;
c. other PNBP; and
d. BLU (Public Service Agency) revenue.
(2)
Natural resources revenue as referred to in

Rp118,919,130,259,000.00
(one
hundred
eighteen trillion nine hundred nineteen billion
one hundred thirty million two hundred and
fifty-nine thousand rupiah), which consists of:
a. oil and natural gas natural resources revenue
(SDA Migas); and
b. non-oil and natural gas natural resources
revenue of (SDA Non-Migas).
(3)
Portion of BUMN profit revenue as referred to in

paragraph (1) letter b shall be planned at
Rp36,956,500,000,000.00 (thirty-six trillion nine
hundred fifty-six billion and five hundred million
rupiah).
(4)
For optimizing the portion of BUMN profit

revenue in banking industry, settlement of
problematic account receivables in BUMN in
banking industry shall be carried out:
a. in compliance with the provision of legislation
in the Limited Liability Company (PT), BUMN,
an Banking industries;
b. considering the principle of good corporate
governance; and
c. Government shall conduct supervision on the
settlement of problematic account receivable
in BUMN in banking industry.
(5) Other . . .
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4.
(5)
Other PNBP as referred to in paragraph (1) letter

c shall be planned at Rp90,109,584,375,000.00
(ninety trillion one hundred nine billion five
hundred eighty-four million three hundred and
seventy-five thousand rupiah).
(6)
BLU revenue as referred to in paragraph (1)

letter
d
shall
be
planned
at
Rp23,090,210,525,000.00 (twenty-three trillion
ninety billion two hundred ten million two
hundred and twenty-five thousand rupiah).
(7)
Further provision regarding detail PNBP of Fiscal

Year 2015 as referred to in paragraph (2),
paragraph (3), paragraph (5), and paragraph (6)
shall be governed by the Presidential Regulation.

as follows:
Article 6
Grants revenue as referred to in Article 3 letter c
shall be planned at Rp3,311,903,947,000.00 (three
trillion three hundred eleven billion nine hundred
three million nine hundred and forty-seven thousand
rupiah).
5.

as follows:
Article 7
State Budget Expenditure of the Fiscal Year 2015
shall be planned at Rp1,984,149,714,865,000.00
(one quadrillion nine hundred eighty-four trillion one
hundred forty-nine billion seven hundred fourteen
million eight hundred and sixty-five thousand
a.
Central Government budget; and
b.
Block Grants and Village Fund budget.
6. Provision . . .
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6.
Provision of paragraph (1), paragraph (2), and

paragraph (5) Article 8 shall be amended, so as to
read as follows:
Article 8
(1)
Central Government Budget as referred to in

Article 7 letter a shall be planned at
three hundred nineteen trillion five hundred
forty-eight billion nine hundred seventy-three
million six hundred and ninety thousand
rupiah).
(2)

paragraph (1) shall include foreign loan and/or
grant as much as Rp4,621,727,025,000.00 (four
trillion six hundred twenty-one billion seven
hundred twenty-seven million and twenty-five
thousand rupiah) which is subsidized to the
regional government.
(3)

paragraph (1) shall be categorized into:
a. Central
Government
Organization;
Expenditure
by
b. Central
Government
Function; and
Expenditure
by
c. Central Government Expenditure by Program.

(4)

paragraph (1) shall include reward and
punishment
of
the
implementation
of
expenditure budget of State Ministry/Institution
of 2013 based in the audit result by Audit Board
of the Republic of Indonesia (BPK).
(5)
Further provision regarding detail Central

Government Budget by Organization, Function,
and Program as referred to in paragraph (3) shall
be governed by the Presidential Regulation.
7. Provision . . .
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7.

as follows:
Article 9
(1) Block Grants and Village Fund budget as referred
to in Article 7 letter b shall be planned at
Rp664,600,741,175,000.00 (six hundred sixtyfour trillion six hundred billion seven hundred
forty-one million one hundred and seventy-five
thousand rupiah), which consists of:
a. Block Grants; and
b. Village Fund.
(2) Block Grants as referred to in paragraph (1) letter
a shall be planned at Rp643,834,541,175,000.00
(six hundred forty-three trillion eight hundred
thirty-four billion five hundred forty-one million
one hundred and seventy-five thousand rupiah),
which consists of:
a. Balancing Fund;
b. Special Autonomy Fund;
c. Privileges Fund
Yogyakarta; and
of
the
Special
Region
of
d. Other Transfer Fund.

(3) Village Fund as referred to in paragraph (1) letter
b shall be planned at Rp20,766,200,000,000.00
(twenty trillion seven hundred sixty-six billion and
two hundred million rupiah).
8.
Provisions of paragraph (1), paragraph (2), paragraph

(3), paragraph (5), paragraph (6), and paragraph (7) of
Article 10 shall be amended, between paragraph (7)
and paragraph (8) shall be inserted 1 (one)
paragraph, namely paragraph (7a), and after
paragraph (8) shall be added 1 (one) paragraph,
namely paragraph (9), so that Article 10 shall read as
follows:
Article 10
(1) Balancing Fund as referred to in Article 9
Rp521,760,517,233,000.00 (five hundred twentyone trillion seven hundred sixty billion five
hundred seventeen million two hundred and
thirty-three thousand rupiah), which consists of:
a. DBH. . .
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a. DBH (Revenue Sharing Fund);

b. DAU (General Allocation Fund); dan
c. DAK (Special Allocation Fund).
(2)
DBH as referred to in paragraph (1) letter a shall

be planned at Rp110,051,993,705,000.00 (one
hundred ten trillion fifty-one billion nine
hundred ninety-three million seven hundred and
five thousand rupiah).
(3)
DAU as referred to in paragraph (1) letter b shall

be planned at 27.7% (twenty-seven point seven
percent) of the net Domestic Revenue (PDN) or
shall be planned at Rp352,887,848,528,000.00
(three hundred fifty-two trillion eight hundred
eighty-seven billion eight hundred forty-eight
million five hundred and twenty-eight thousand
rupiah).
(4)
Net PDN as referred to in paragraph (3) shall be

calculated based on the addition between
Taxation revenue and PNBP, reduced with State
Revenue Shared with the Regions.
(5)
In case the realization of State Budget results in

the increase or decrease of net PDN, the amount
of DAU as referred to in paragraph (3) shall not
change.
(6)
DAK as referred to in paragraph (1) letter c shall

be planned at Rp58,820,675,000,000.00 (fiftyeight trillion eight hundred twenty billion six
hundred and seventy-five million rupiah), which
consists of:
a. DAK as mush as Rp33,000,000,000,000.00
(thirty-three trillion rupiah);
b. Supplement
DAK
as
much
as
Rp25,820,675,000,000.00 (twenty-five trillion
eight hundred twenty billion six hundred and
seventy-five million rupiah), which consists
of:
1. Affirmation
DAK
to
underdeveloped
regency/municipality areas and frontier
region with relatively low financial
capability
as
much
as
Rp2,820,675,000,000.00 (two trillion eight
hundred twenty billion six hundred and
seventy-five million rupiah); and
2. DAK. . .
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2. DAK for Supporting Working Cabinet

Priority Program (P3K2) and DAK proposed
by
Regional
Government
which
is
approved by the House of Representative
as much as Rp23,000,000,000,000.00
(twenty-three trillion rupiah).
(7)
Supplement DAK as referred to in paragraph (6)

letter b number 1 shall be allocated for financing
activities such as:
a. road
infrastructure
as
much
as
Rp1,812,171,000,000.00 (one trillion eight
hundred twelve billion one hundred and
seventy-one million rupiah);
b. irrigation
infrastructure
as
much
as
Rp496,405,000,000.00 (four hundred ninetysix billion four and five million rupiah); and
c. sanitation and drinking water infrastructure
as much as Rp512,099,000,000.00 (five
hundred twelve billion and ninety-nine
million rupiah).
(7a) Supplement DAK as referred to in paragraph (6)

letter b number 2 shall be allocated for financing
activities such as:
a. agriculture
as
much
as
Rp4,000,000,000,000.00 (four trillion rupiah);
b. irrigation
infrastructure
as
much
as
Rp3,126,596,993,000.00 (three trillion one
hundred twenty-six billion five hundred
ninety-six million nine hundred and ninetythree thousand rupiah);
c. transportation
as
much
as
Rp12,153,853,343,900.00 (twelve trillion one
hundred fifty-three billion eight hundred fiftythree million three hundred forty-three
thousand and nine hundred rupiah);
d. trade
infrastructure
as
much
as
Rp892,410,299,600.00 (eight hundred ninetytwo billion four hundred ten million two
hundred ninety-nine thousand and six
hundred rupiah); and
e. health as much as Rp2,827,139,363,500.00
(two trillion eight hundred twenty-seven
billion one hundred thirty-nine million three
hundred sixty-three thousand and five
hundred rupiah).
8. Associate. . .
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(8)
Associate Fund for Supplement DAK as referred

to in paragraph (7) shall be enacted based on the
regional financial capability of the regional
government in underdeveloped region and
frontier, in conditions as follows:
a. regional government with very poor financial
capability shall be obliged to provide associate
fund of at least 0% (zero percent);
b. regional government with poor financial
fund of at least 1% (one percent); and
c. regional government with medium financial
fund of at least 2% (two percents).
(9)
9.
Regions receiving supplement DAK as referred to

in paragraph (7a) shall be obliged to provide
associate fund of at least 0% (zero percent).
Provision of Article 11 shall be amended, so as to

read as follows:
Article 11
(1)
Special Autonomy Fund as referred to in Article

9 paragraph (2) letter b shall be planned at
Rp17,115,513,942,000.00 (seventeen trillion one
hundred fifteen billion five hundred thirteen
million nine hundred and forty-two thousand
a. Fund Allocation of Special Autonomy of
Papua Province and West Papua Province as
much as Rp7,057,756,971,000.00 (seven
trillion fifty-seven billion seven hundred fiftysix million nine hundred and seventy-one
thousand rupiah), which has been approved
to be divided for each with the proportion of
70% (seventy percent) for Papua Province and
30% (thirty percent) for West Papua Province
with the detail as follows:
1. Special . . .
PRESIDENT
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1. Special Autonomy Fund of Papua Province

as much as Rp4,940,429,880,000.00 (four
trillion nine hundred forty billion four
hundred
twenty-nine
million
eight
hundred and eighty thousand rupiah).
2. Special Autonomy Fund of West Papua
Province
as
much
as
Rp2,117,327,091,000.00 (two trillion one
hundred seventeen billion three hundred
twenty-seven million and ninety-one
thousand rupiah).
b. Fund Allocation of Special Autonomy of Aceh
Province
as
much
as
Rp7,057,756,971,000.00 (seven trillion fiftyseven billion seven hundred fifty-six million
nine hundred and seventy-one thousand
rupiah); and
c. Supplement fund for infrastructure in the
frame work of special autonomy of Papua
Province and West Papua Province as much
as Rp3,000,000,000,000.00 (three trillion
rupiah) with detail as follows:
1. Supplement fund of infrastructure for
Papua
Province
as
much
as
Rp2,250,000,000,000.00 (two trillion two
hundred and fifty billion rupiah); and
2. Supplement fund of infrastructure for
West Papua Province as much as
Rp750,000,000,000.00 (seven hundred
and fifty billion rupiah).
(2)
Privileges Fund of the Special Region of

Yogyakarta as referred to in Article 9 paragraph
(2)
letter
c
shall
be
planned
at
Rp547,450,000,000.00 (five hundred forty-seven
billion four hundred and fifty million rupiah).
(3)
Other Transfer Fund as referred to in Article 9

paragraph (2) letter d shall be planned at
Rp104,411,060,000,000.00 (one hundred four
trillion four hundred eleven billion and sixty
million rupiah), with detail as follows:
a. Professional Allowance for Regional Civil
Servant
Teacher
as
much
as
Rp70,252,670,000,000.00 (seventy trillion
two hundred fifty-two billion six hundred and
seventy million rupiah);
b. Income. . .
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b. Income Supplement for Regional Civil Servant

Teachers
as
much
as
Rp1,096,000,000,000.00 (one trillion and
ninety-six billion rupiah);
c. School Operational Assistance (BOS) as much
as
Rp31,298,300,000,000.00
(thirty-one
trillion two hundred ninety-eight billion and
three hundred million rupiah);
d. Regional Incentive Fund (DID) as much as
Rp1,664,510,000,000.00 (one trillion six
hundred sixty-four billion five hundred and
ten million rupiah); and
e. Local
Governments
Project
and
Decentralization
(P2D2)
as
much
as
Rp99,580,000,000.00 (ninety-nine billion five
hundred and eighty million rupiah).
10. Provision of Article 12 shall be amended, so as to
read as follows:
Article 12
Further provision regarding detail Block Grants and
Village Fund Budget as referred to in Article 9, Article
10, and Article 11 shall be governed by the
Presidential Regulation.
11. Provisions of paragraph (1), paragraph (3), paragraph
(4), and paragraph (6) of Article 13 shall be amended,
so that Article 13 shall read as follows:
Article 13
(1)
Subsidy Management Program in Fiscal Year

2015
shall
be
planned
at
Rp212,104,385,353,000.00 (two hundred twelve
trillion one hundred four billion three hundred
eighty-five million three hundred and fifty-three
thousand rupiah).
(2)
Budget for Subsidy Management Program as

referred to in paragraph (1) shall be utilized in
appropriately targeted.
(3)
Budget . . .
PRESIDENT
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(3)
Budget for subsidy as referred to in paragraph

(1) could be adjusted to the need of realization at
the current fiscal year based on the changes in
parameter and/or the realization of crude oil
price (ICP) and the exchange rate of rupiah.
(4)
In the event of any changes in the amount of

solar subsidy, the Government must have the
approval of the House of Representative.
(5)
Allocation as referred to in paragraph (1) shall

include deficit for the previous fiscal year paid in
accordance with the audit result by BPK.
(6)
Further provision regarding detail Subsidy

Management Program of Fiscal Year 2015 as
referred to in paragraph (1) shall be governed by
the Presidential Regulation.

read as follows:
Article 17
(1)
Education Budget shall be planned at

Rp408,544,684,304,000.00 (four hundred eight
trillion five hundred forty-four billion six
hundred eighty-four million three hundred and
four thousand rupiah).
(2)
The percentage of the Education Budget shall be

as much as 20.59% (twenty point fifty-nine
percent), which is as the comparison of
Education Budget allotment as referred to in
paragraph (1) to the total State Budget
expenditure
as
much
as
nine hundred eighty-four trillion one hundred
forty-nine billion seven hundred fourteen million
eight hundred and sixty-five thousand rupiah).
(3)
Further provision regarding detail Education

Budget as referred to in paragraph (1) shall be
governed by the Presidential Regulation.
13. Provisions . . .
PRESIDENT
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13. Provisions of paragraph (1), paragraph (2), and

paragraph (4) of Article 18 shall be amended, and
after paragraph (4) shall be inserted 1 (one)
paragraph, namely paragraph (5), so that Article 18
shall read as follows:
Article 18
(1)
Sum of the State Budget Revenue of Fiscal Year

2015, as referred to in Article 3, is smaller than
the State Budget Expenditure as referred to in
Article 7 so that in Fiscal Year 2015 there is
budget
deficit
as
much
as
Rp222,506,897,630,000.00
(two
hundred
twenty-two trillion five hundred six billion eight
hundred ninety-seven million six hundred and
thirty thousand rupiah) which will be financed
from Budget Finance.
(2)
Budget Finance of the Fiscal Year 2015 as

referred to in paragraph (1) shall be obtained
from the following sources:
a. Domestic
Finance
as
much
as
Rp242,515,005,350,000.00 (two hundred
forty-two trillion five hundred fifteen billion
five million three hundred and fifty thousand
rupiah); and
b. Foreign Finance as much as negative
Rp20,008,107,720,000.00 (twenty trillion
eight billion one hundred seven million seven
hundred and twenty thousand rupiah).
(3)
Net Foreign Finance as referred to in paragraph

(2) letter b shall include the payment finance for
foreign loan but excluded to the issuance of SBN
in the international market.
(4)
Provision regarding allocation of Budget Finance

as referred to in paragraph (2) shall be included
in the Appendix hereof.
(5)
Further provision regarding detail allocation of

Budget Finance as set out in the Appendix
hereof shall be governed by the Presidential
Regulation.
14. Between Article 23 and Article 24 shall be inserted 2

(two) articles, namely Article 23A and Article 23B, so
as to read as follows:
PRESIDENT
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Article 23A
(1)
All Government Investment in the Government

Investment Agency shall be diverted into
addition to Capital Investment of the State of the
Republic of Indonesia in PT Sarana Multi
Infrastruktur (Persero).
(2)
Diversion as referred to in paragraph (1) shall be

stipulated in a Government Regulation.
Article 23 B
(1)
In order to perform settlement to people owning

land and building in the Sidoarjo mudflow
affected area map, fund shall be allocated as
much as Rp781,688,212.000.00 (seven hundred
eighty-one billion six hundred eighty-eight
million two hundred and twelve thousand
rupiah).
(2)
The fund as referred to in paragraph (1) shall

represent an anticipation fund loan to pay off
land and building purchase of Sidoarjo mudflow
victims in the affected area map which is the
responsibility of PT Lapindo Brantas Inc./PT
Minarak Lapindo Jaya.
(3)
Anticipation fund as referred to in paragraph (2)

may be used in the event that PT Lapindo
Brantas Inc./PT Minarak Lapindo Jaya is not
able to pay off land and building purchase
located in the affected area map based on the
audit result of examination of the Finance and
Development Supervisory Agency.
(4) Further provision regarding the allocation of

anticipation fund as referred to in paragraph (2)
and paragraph (3) shall be governed by the
Presidential Regulation
15. Provision of Article 26 shall exist with amendment to
the elucidation on Article 26 paragraph (3) so that the
elucidation on Article 26 shall be as stipulated in the
elucidation on article by article hereunder.
16. Between. . .
PRESIDENT
-19-
16. Between Article 31 and Article 32 shall be inserted 1

(one) Article, namely Article 31A so as to read as
follows:
Article 31A
Presidential Regulation regarding Detail State Budget
Revenues and Expenditures of the Fiscal Year 2015
which represents implementation hereof shall be
enacted no later than March 17, 2015.
read as follows:
Article 32
During implementing the State Budget of the Fiscal
Year 2015, the Government should try to fulfill the
target of quality economic growth of which is reflected
through:
a.
declining of poverty to be as much as 10.3% (ten

point three percent);
b.
each economic growth as much as 1% (one

percent) could absorb approximately 250.000
(two hundred and fifty thousand) manpower;
c.
open unemployment level to be as much as 5.6%

(five point six percent);
d.
declining of Gini Ratio to be as much as 0.40

(zero point forty); and
e.
increasing of Human Development Index (IPM) to

be as much as 69.4 (sixty-nine point four).
Article II
This Law shall come into effect as of the date of its
promulgation.
PRESIDENT
-20-
For public cognizance, this Law shall be announced

by publishing it in the State Gazette of the Republic
of Indonesia.
Enacted in Jakarta
on March 6, 2015
PRESIDENT OF THE REPUBLIC OF INDONESIA,
Signed.
JOKO WIDODO
Promulgated in Jakarta
On March 6, 2015
MINISTER OF LAW AND HUMAN RIGHTS OF
THE REPUBLIC OF INDONESIA,
Signed.
YASONNA H. LAOLY
STATE GAZETTE OF THE REPUBLIC OF INDONESIA NUMBER 44 OF 2015
Certified true copy

MINISTRY OF STATE SECRETARIAT OF
THE REPUBLIC OF INDONESIA
Assistant Deputy Minister for Legislation on the
Economy
Signed and sealed
Lydia Silvanna Djaman
PRESIDENT
-21-
ELUCIDATION
ON
NUMBER 3 OF 2015
REGARDING
AMENDMENT TO LAW NUMBER 27 OF 2014 REGARDING STATE BUDGET
REVENUES AND EXPENDITURES OF THE FISCAL YEAR 2015
I.
GENERAL
State Budget of Revenues and Expenditures (APBN) of the Fiscal Year 2015 as
stipulated in the Law Number 27 of 2014 regarding State Budget Revenues
and Expenditures of the Fiscal Year 2015 is implemented with reference to
the provisions set out in Law Number 17 of 2003 regarding the State
Finances, based on the Government Working Plan (RKP) of 2015, as well the
Macroeconomic Framework and Principles of Fiscal Policy of 2015.
Since the stipulation of Law Number 27 of 2014 regarding State Budget
Revenues and Expenditures of the Fiscal Year 2015, the following have
occurred: (a) changes in the Government Working Plan (RKP) of 2015 which
resulted changes in the principles of fiscal policy including, among others,
diversion of allocation of subsidy expenditure to other more productive
expenditure in order to encourage economic growth in 2015; (b) budget
shifting requirements between organizational units; and (c) financing
requirements of new Ministry/Agency new.
In connection with the weak global economy, the domestic economy
performance in 2015 is estimated to remain well managed. Economic growth
in 2015 shall be maintained at the level of 5.7% (five point seven percent). To
achieve this target the government will optimize more productive expenditure
support in strategic sectors.
The inflation rate in the entire year of 2015 is estimated to reach 5.0% (five
point zero percent) higher than the State Budget of 2015 at 4.4% (four point
four percent). The higher inflation, among others, is influenced by the
continued impact of subsidized BBM (fuel) price adjustment policy in 2014.
The government and Bank Indonesia through synergized policy and
coordination of inflation control at central and regional level are constantly
trying to control the rate of inflation in 2015 in order to remain at the range of
2015 inflation target at 4.0% 1.0% (four point zero per cent with a deviation
of one point zero per cent).
Meanwhile, . . .
PRESIDENT
-22-2-
Meanwhile, the average exchange rate of Rupiah against United States of

America dollar in 2015 is estimated to be at a new point of balance in the
range of Rp12,500 (twelve thousand and five hundred rupiah) per one United
States of America dollar or weaker than the assumption in the 2015 State
Budget, amounting to Rp11,900 (eleven thousand and nine hundred rupiah)
per one United States of America dollar. In line with matters mentioned above,
the interest rates of 3 (three) month Treasury Bill (SPN) in 2015 are also
estimated to be under pressure and stand higher above the 2015 State
Budget assumption from 6.0% (six point zero percent) to 6.2% (six point two
percent). Pressure on the exchange rate of Rupiah and interest rate of 3
(three) month SPN is estimated to be triggered partly by, among others, the
strict global liquidity especially related to the plan to increase benchmark
interest rate by the Central Bank of the United States of America in 2015.
Furthermore, the price of Indonesian crude oil in 2015 is estimated at an
average of US$60 (sixty United States of America dollar) per barrel or lower
than the ICP assumption in the 2015 State Budget, amounting to US$105
(one hundred and five United States of America dollar) per barrel. This is due
to the significant decline in world oil price, in connection with the excessive
supply of oil, especially with the potential use of shale oil and gas.
On the other hand, the realization of oil lifting in 2015 is estimated to be
realized at 825 (eight hundred and twenty-five) thousand barrels per day,
lower than the assumption in the 2015 State Budget, which is set at 900
(nine hundred) thousand barrels per day. Meanwhile, the natural gas lifting is
estimated at 1,221 (one thousand two hundred and twenty-one) thousand
barrels equal to oil per day, lower than the assumption in the 2015 State
Budget, which is set at 1,248 (one thousand two hundred and forty-eight)
thousand barrels equal to oil per day. The main cause for this is the natural
decline in production capacity and the non-optimal condition of new oil fields.
Changes in basic macroeconomic assumptions, which in turn also affect the
posture of State Budget, shall be followed by changes in fiscal policy in an
attempt to nourish the State Budget through the budget deficit control at a
safe level.
Conducive domestic economic conditions are expected to support the
achievement of national development targets in 2015, indicated by, among
others, the Human Development Index reaching 69.4 (sixty-nine point four)
and Gini Ratio reaching 0.40 (zero point forty).
Session . . .
PRESIDENT
-23-3-
Session of Draft Law regarding Amendment to Law Number 27 of 2014

regarding State Budget Revenues and Expenditures of the Fiscal Year 2015 is
carried out by the House of Representatives and the Government by taking
into account the Regional Representative Council as stated in the Decree of
the Regional Representatives Council Number 16/DPD/II/2014-2015 dated
January 28, 2015.
In accordance with the provisions of Article 27 of Law Number 17 of 2003
regarding the State Finances in conjunction with Article 29 of Law Number 27
of 2014 regarding State Budget Revenues and Expenditures of the Fiscal Year
2015, amendment to the State Budget Revenues and Expenditures of the
Fiscal Year 2015 shall be regulated by the Law. Session of this Law is carried
out by the Government and the House of Representatives by taking into
account the Verdict of the Constitutional Court Number 35/PUU-XI/2013
dated May 22, 2014.
II.
ARTICLE BY ARTICLE
Article I
Number 1
Article 3
Self-explanatory.
Number 2
Article 4
Paragraph (1)
Self-explanatory.
Paragraph (2)
Self-explanatory.
Paragraph (3)
Letter a
Self-explanatory.
Letter b . . .
PRESIDENT
-24-4-
Letter b
Third party whose income tax is borne by
Government shall mean the third party who
provides service to the Government for issuing
and/or buying back/ exchanging SBN
(Government Securities) in the international
market, such as marketing agent service and
international legal consultant service and
exchange/buyer agent.
Paragraph (4)
Self-explanatory.
Paragraph (5)
Self-explanatory.
Paragraph (6)
Self-explanatory.
Paragraph (7)
Self-explanatory.
Paragraph (8)
Self-explanatory.
Paragraph (9)
Self-explanatory.
Paragraph (10)
Self-explanatory.
Paragraph (11)
Self-explanatory.
Number 3
Article 5
Paragraph (1)
Self-explanatory.
Paragraph (2)
Letter a
Self-explanatory.
Letter b. . .
PRESIDENT
-25-5-
Letter b
Non Oil & Gas SDA (Natural Resources)
Revenue sourced from the forestry sector shall
not merely be designated as the target of the
state revenue; however, it is more designated to
safeguarding the forest sustainability.
Paragraph (3)
Self-explanatory.
Paragraph (4)
While waiting for the amendment of Law Number 49
Prp. of 1960 regarding the States Account Receivable
Affairs Committee, and in order to accelerating the
settlement of problematic account receivable in
BUMN (State Owned Enterprises) in banking
industry, the processing of its account receivable
could be conducted through the mechanism of
legislation-based management of limited liability
company and banking industry.
Meanwhile, with regard to provision of authority to
the General Meeting of Shareholders and supervision
of the Government in the settlement of problematic
account receivable in BUMN in banking industry, it
shall be based on the provisions under the legislation
in BUMN.
Paragraph (5)
Self-explanatory.
Paragraph (6)
Self-explanatory.
Paragraph (7)
Self-explanatory.
Number 4
Article 6
Self-explanatory.
Number 5
Article 7
Self-explanatory.
Number 6 . . .
PRESIDENT
-26-6-
Number 6
Article 8
Self-explanatory.
Number 7
Article 9
Paragraph (1)
Block Grants of Fiscal Year 2015 for New
Autonomous Region (DOB) established in 2014 shall
be defined as follows:
1.
DBH (Revenue Sharing Fund)

a.
b.
DBH from Taxes

1)
DBH from Individual PPh (Income

Tax) and DBH from Non-Oil and
Gas PBB (Property Tax) received by
the parent region shall be allocated
to DOB in accordance with the
revenue plan.
2)
DBH from Oil and Gas PBB

(Property Tax) received by the
parent region shall be allocated to
DOB proportionally based on the
number of population and width of
area.
3)
DBH from Taxes on equalization

fund received by the parent region
shall
be
allocated
to
DOB
equitably.
4)
DBH from CHT (Tobacco Product

Excise) received by the parent
region shall be allocated to DOB
proportionally
based
on
the
number of population and width of
area.
DBH from SDA (Natural Resources)

1)
DBH from SDA of parent region

which is a producing region shall
be allocated to DOB proportionally
based on the number of population
and width of area.
2)
DBH from SDA of parent region

which is not a producing region
shall
be
allocated
to
DOB
equitably.
2. DAU . . .
PRESIDENT
-27-7-
2.
3.
4.
DAU (General Allocation Fund)

a.
DAU for DOB shall be allocated after its

formation Law is enacted.
b.
DAU shall be calculated by splitting

proportionally with parent region by
using data of the number of population
and width of area.
DAK (Special Allocation Fund)

a.
In compliance with the mandate of Law

of DOB formation, DOB shall be
prioritized in receiving allocation of
Regional
Government
Infrastructure
DAK.
b.
Parent Region affected by expansion shall

be prioritized in receiving allocation of
Regional
Government
Infrastructure
DAK.
c.
DAK of other areas shall be allocated in

the second year by taking into account
the preparedness of the regional devices
to perform DAK activities.
Other Transfer Fund

Professional allowance for teacher and income
supplement for PNSD teachers shall be
allocated based on the distribution of data
between the number of teachers in parent
region and DOB.
Paragraph (2)
Self-explanatory.
Paragraph (3)
Village
fund
shall
be
allocated
to
regency/municipality based on equally shared
allocation to each village and the allocation shall be
calculated by taking into account the number of
village population, village poverty rate, width of
village area, and level of geographical difficulty.
The number of villages, village population, village
poverty rate, width of village area, and level of
geographical difficulty shall be obtained from a
Government
Institute
and/or
an
authorized
Government Statistical Institute.
Number 8. . .
PRESIDENT
-28-8-
Number 8
Article 10
Paragraph (1)
Self-explanatory.
Paragraph (2)
This DBH shall be included in DBH from Income Tax
Article 25 and Article 29 of Domestic Individual
Taxpayer whose nature of collection is final under the
Government Regulation Number 46 of 2013 regarding
Income Tax from the Income of Business that is
received or obtained by Taxpayer who as Has certain
Gross Income.
In order to control the implementation of the State
Budget, DBH may not be channeled in full amount of
the allocated ceiling, and subsequently it shall be
accounted for as underpayment of DBH.
Paragraph (3)
Self-explanatory.
Paragraph (4)
Net PDN (Domestic Revenue) as much as
Rp1,273,963,352,085,000.00 (one quadrillion two
hundred seventy-three trillion nine hundred sixtythree billion three hundred fifty-two million and
eighty-five thousand rupiah) shall be calculated
based on the sum between Taxation Revenue as
much
as
Rp1,379,991,627,125,000.00
(one
quadrillion three hundred seventy-nine trillion nine
hundred ninety-one billion six hundred twenty-seven
million one hundred and twenty-five thousand
rupiah) and PNBP (Non-Tax State Revenue) as much
as Rp410,340,976,934,000.00 (four hundred ten
trillion three hundred forty billion nine hundred
seventy-six million nine hundred and thirty-four
thousand rupiah), deducted with State Revenue
shared to the Region, which consists of:
a. Income . . .
PRESIDENT
-29-9-
a.
Income Tax Article 25 and Article 29 of

Domestic Individual Taxpayer and Income Tax
Article
21
as
much
as
Rp115,707,082,589,000.00
(one
hundred
fifteen trillion seven hundred seven billion
eighty-two million five hundred and eighty-nine
thousand rupiah);
b.
Property Tax (PBB) Revenue as much as

Rp26,684,096,175,000.00 (twenty-six trillion
six hundred eighty-four billion ninety-six
million one hundred and seventy-five thousand
rupiah);
c.
Tobacco Product Excise Revenue as much as

Rp120,557,190,000,000.00
(one
hundred
twenty trillion five hundred fifty-seven billion
one hundred and ninety million rupiah);
d.
Oil and Gas Natural Resources (SDA) Revenue

as much as Rp224,263,060,000,000.00 (two
hundred twenty-four trillion two hundred sixtythree billion and sixty million rupiah);
e.
Mineral and Coal SDA Revenue as much as

Rp24,599,745,000,000.00 (twenty-four trillion
five hundred ninety-nine billion seven hundred
and forty-five million rupiah);
f.
Forestry
SDA
Revenue
as
much
as
Rp3,724,400,000,000.00 (three trillion seven
hundred twenty-four billion and four million
rupiah);
g.
Fishery
SDA
Revenue
as
much
as
Rp250,000,001,000.00 (two hundred fifty
billion and one thousand rupiah); and
h.
Geothermal SDA Revenue as much as

Rp583,678,209,000.00 (five hundred eightythree billion six hundred seventy-eight million
two hundred and nine thousand rupiah).
Paragraph (5). . .
PRESIDENT
-30-10-
Paragraph (5)
Self-explanatory.
Paragraph (6)
Letter a
Self-explanatory.
Letter b
Number 1
Regency/municipality of underdeveloped
region and frontier region shall be
stipulated in compliance with the
provisions of legislations.
The amount of affirmation DAK allocation
for
underdeveloped
regency/
municipality and frontier region shall be
calculated based on general criteria,
special criteria, and technical criteria.
Number 2
Region receiving DAK for supporting
working cabinet priority program shall be
stipulated based on special criteria in
accordance with the priority of each field.
The amount of DAK allocated for
supporting working cabinet priority
program for each region shall be
calculated based on technical criteria of
each field.
Recipient of DAK proposed by Regional
Government which is approved by DPR
RI shall be based on the criteria and/or
proposal from the region; meanwhile, the
amount of DAK allocation for each region
shall be stipulated based on proposal
from the region by taking in account the
available DAK ceiling.
Paragraph (7)
Self-explanatory.
Paragraph (7a)
Self-explanatory.
Paragraph (8)
Self-explanatory.
Paragraph (9) . . .
PRESIDENT
-31-11-
Paragraph (9)
Self-explanatory.
Number 9
Article 11
Self-explanatory.
Number 10
Article 12
Self-explanatory.
Number 11
Article 13
Self-explanatory.
Number 12
Article 17
Paragraph (1)
In addition to the allocation of Education Budget, the
Government
manages
National
Education
Development Fund (DPPN), which constitutes the
part of educational budget allocation of the previous
years that has been accumulated as the endowment
fund that is managed by the Educational Fund
Management Institute.
Result of the management of educational fund shall
be utilized to ensure the continuity of education
program for the next generation as the form of intergeneration responsibility, such as in the form of
scholarship and education fund reserve for
anticipating the need of rehabilitation of damaged
educational facilities due to disaster.
Paragraph (2)
Self-explanatory.
Paragraph (3). . .
PRESIDENT
-32-12-
Paragraph (3)
Self-explanatory.
Number 13
Article 18
Paragraph (1)
Self-explanatory.
Paragraph (2)
Domestic Finance Component, among others, shall
be in the form of State Capital Investment (PMN) to
Bank Indonesia (BI) as a follow-up to the transfer of
Government ownership of quota or capital in the IMF
to BI consisting of promissory notes and hard
currency. Recording of the transfer of the quota or
capital in the Domestic Financing component shall
use the net principle which is the net value between
Government hard currency in the IMF and bailout
fund from BI for the payment of Government capital
in International Financial Institution and promissory
notes.
Paragraph (3)
Self-explanatory.
Paragraph (4)
Self-explanatory.
Paragraph (5)
Self-explanatory.
Number 14
Article 23A
Paragraph (1)
The term Government Investment in the Indonesia
Investment Agency shall mean investment funds
received from the state budget of 2006 up to 2013,
including investments that have been distributed to
PT PLN (Persero) and other parties.
The amount . . .
PRESIDENT
-33-13-
The amount of PMN allocation shall be based on the

audit result of the Finance and Development
Supervisory Agency.
Paragraph (2)
Self-explanatory.
Article 23B
Paragraph (1)
Settlement to people owning land and building in the
Sidoarjo mudflow affected area map shall be
performed by Sidoarjo Mud Mitigation Agency.
Paragraph (2)
Anticipation fund shall mean fund prepared by the
Government to pay off the people owning land and
building in the Sidoarjo mudflow affected area map
which, if used, it shall be loan to PT Lapindo Brantas
Inc./PT Minarak Lapindo Jaya from the Government.
Paragraph (3)
Self-explanatory.
Paragraph (4)
Matters regulated in Presidential Regulation shall
include:
1.
Criteria of anticipation funding from the

Government to PT Lapindo Brantas Inc./PT
Minarak Lapindo Jaya;
2.
Items agreed upon between the Government

and PT Lapindo Brantas Inc./PT Lapindo Jaya
Minarak for the purpose of providing
anticipation fund;
3.
Type of collateral pledged by PT Lapindo

Brantas Inc./PT Lapindo Jaya Minarak to the
Government for the purpose of providing
anticipation fund in the form of lands that have
been compensated by PT Lapindo Brantas
Inc./PT Minarak Lapindo Jaya;
4. Mechanism . . .
PRESIDENT
-34-14-
4.
Mechanism to pay off the people owning land

and building in the Sidoarjo mudflow affected
area map; and
5.
Mechanism to refund anticipation fund by PT

Lapindo Brantas Inc./ PT Lapindo Jaya
Minarak to the Government.
Number 15
Article 26
Paragraph (1)
Expenditure exceeding the budget ceiling may be
resulted by:
1.
Macroeconomic condition that is not in

accordance with the predicted condition when
the Amendment to the State Budget and/or
realization report of the implementing of the
First Semester of State Budget of Fiscal Year
2015 is prepared;
2.
Impact from the loan restructuring for the

management of debt portfolio;
3.
Impact from the

disbursement; and
4.
Impact from the hedging transaction for the

payment of debt interest and expenditure for
principal debt installment.
acceleration
of
loan
Paragraph (2)
Implementation of hedging transaction shall be
reported by Government in the Financial Statements
of Central
Government (LKPP) of 2015.
Paragraph (3)
Self-explanatory.
Paragraph (4). . .
PRESIDENT
-35-15-
Paragraph (4)
Shall not constitute the state finance loss shall
mean that it is due to the fact that Hedging
transaction is designated to protect the debt payment
and expense of debt principal interest from the risk of
fluctuation of currency and interest rate, and hedging
transaction shall not be utilized for speculating to
obtain the profit.
Paragraph (5)
Self-explanatory.
Number 16
Article 31A
Self-explanatory.
Number 17
Article 32
Stipulation of the level of poverty shall be in accordance
with the calculation method of the National Poverty Line
(GKN) carried out by the Statistics Indonesia (BPS).
Article II
Self-explanatory.
SUPPLEMENT TO THE STATE GAZETTE OF THE REPUBLIC OF INDONESIA

NUMBER 5669
PRESIDENT
-36-
APPENDIX
NUMBER 3 OF 2015
REGARDING AMENDMENT TO LAW NUMBER
27 OF 2014 REGARDING STATE BUDGET
REVENUES AND EXPENDITURES OF THE
FISCAL YEAR 2015
Previously
Becomes
ALLOCATION OF BUDGET EXPENDITURE

1.
DOMESTIC FINANCE
1.1
Domestic Banking
1.1.1
1.2
Revenue of the repayment of subsidiary

loan installment
Domestic Non-Banking
1.2.1
Asset Management Outcome
1.2.2
Net Government Securities
1.2.3
Net domestic loan
1.2.4
1.2.3.1
Disbursement of gross
domestic loan
1.2.3.2
Payment of the domestic

principal installment
Government Investment Fund

1.2.4.1
Investment Recovery
1.2.4.2
State Capital Investment

(PMN)
1.2.4.2.1
PMN to BUMN
245,894,690,062,000.00
222,506,897,630,000.0
0
269,709,700,514,000.00
242,515,005,350,000.0
0
4,467,479,293,000.00
4,785,365,489,000.00
4,467,479,293,000.00
4,785,365,489,000.00
265.242.221.221.000.00
237,729,639,861,000.0
0
350,000,000,000.00
350,000,000,000.00
277,049,800,000,000.00
297,698,382,000,000.0
0
1,621,190,000,000.00
1,690,600,000,000.00
2,000,000,000,000.00
2,000,000,000,000.00
-378,810,000,000.00
-309,400,000,000.00
-12.647.146.779.000.00
-58,844,130,927,000.00
778,320,274,000.00
19,134,920,274,000.00
-7,319,167,053,000.00
-70,372,751,201,000.00
-5,107,307,000,000.00
-64,883,907,000,000.00
1.2.4.2.1.1
PT PAL Indonesia
-1,500,000,000,000.00
-1,500,000,000,000.00
1.2.4.2.1.2
PT Sarana Multigriya
Finansial
-1,000,000,000,000.00
-1,000,000,000,000.00
1.2.4.2.1.3
PT Geo Dipa Energi
-607,307,000,000.00
-607,307,000,000.00
1.2.4.2.1.4
PT Sarana Multi
Infrastruktur
-2,000,000,000,000.00
-20,356,600,000,000.00
1.2.4.2.1.5
PT Penjaminan
Infrastruktur
Indonesia
0.00
-1,500,000,000,000.00
1.2.4.2.1.6
Perum Bulog
0.00
-3,000,000,000,000.00
1.2.4.2.1.7
PT Pertani
0.00
-470,000,000,000.00
1.2.4.2.1.8
PT Sang Hyang Seri
0.00
-400,000,000,000.00
1.2.4.2.1.9
PT Perikanan
Nusantara
0.00
-200,000,000,000.00
1.2.4.2.1.10
Perum Perikanan
Indonesia
0.00
-300,000,000,000.00
1.2.4.2.1.11
PT Garam
0.00
-300,000,000,000.00
1.2.4.2.1.12
PT Perkebunan
Nusantara III
0.00
-3,150,000,000,000.00
1.2.4.2.1.13
PT Perkebunan
Nusantara VII
0.00
-17,500,000,000.00
1.2.4.2.1.14
PT Perkebunan
Nusantara IX
0.00
-100,000,000,000.00
1.2.4.2.1.15
PT Perkebunan
Nusantara X
0.00
-97,500,000,000.00
1.2.4.2.1.16. . .
PRESIDENT
-37-
-2-
1.2.4.2.2
1.2.4.2.1.16
PT Perkebunan
Nusantara XI
0.00
-65,000,000,000.00
1.2.4.2.1.17
PT Perkebunan
Nusantara XII
0.00
-70,000,000,000.00
1.2.4.2.1.18
PT Permodalan
Nasional Madani
0.00
-1,000,000,000,000.00
1.2.4.2.1.19
PT Angkasa Pura II
0.00
-2,000,000,000,000.00
1.2.4.2.1.20
PT Angkutan
Sungai. Danau. dan
Penyeberangan
0.00
-1,000,000,000,000.00
1.2.4.2.1.21
PT Pelni
0.00
-500,000,000,000.00
1.2.4.2.1.22
PT Djakarta Lloyd
0.00
-350,000,000,000.00
1.2.4.2.1.23
PT Hutama Karya
0.00
-3,600,000,000,000.00
1.2.4.2.1.24
Perum Perumnas
0.00
-1,000,000,000,000.00
1.2.4.2.1.25
PT Waskita Karya
Tbk.
0.00
-3,500,000,000,000.00
1.2.4.2.1.26
PT Adhi Karya Tbk.
0.00
-1,400,000,000,000.00
1.2.4.2.1.27
PT Dok dan
Perkapalan
Surabaya
0.00
-200,000,000,000.00
1.2.4.2.1.28
PT Dok dan
Perkapalan Kodja
Bahari
0.00
-900,000,000,000.00
1.2.4.2.1.29
PT Industri Kapal
Indonesia
0.00
-200,000,000,000.00
1.2.4.2.1.30
PT Dirgantara
Indonesia
0.00
-400,000,000,000.00
1.2.4.2.1.31
PT Aneka Tambang
Tbk.
0.00
-3,500,000,000,000.00
1.2.4.2.1.32
PT Pindad
0.00
-700,000,000,000.00
1.2.4.2.1.33
PT Kereta Api
Indonesia
0.00
-2,000,000,000,000.00
1.2.4.2.1.34
PT Perusahaan
Pengelola Aset
0.00
-1,000,000,000,000.00
1.2.4.2.1.35
PT Pelabuhan
Indonesia IV
0.00
-2,000,000,000,000.00
1.2.4.2.1.36
PT Bahana
Pembinaan Usaha
Indonesia
0.00
-250,000,000,000.00
1.2.4.2.1.37
PT Pengembangan
Pariwisata
Indonesia
0.00
-250,000,000,000.00
1.2.4.2.1.38
PT Perusahaan
Listrik Negara
0.00
-5,000,000,000,000.00
1.2.4.2.1.39
PT Askrindo dan
Perum Jamkrindo
0.00
-1,000,000,000,000.00
PMN to
international
financial
organization/in
stitution
-433,539,779,000.00
1.2.4.2.2.1
International Bank
for Reconstruction
And Development
(IBRD)
1.2.4.2.2.2
International Fund
for Agricultural
Development (IFAD)
1.2.4.2.2.3
International
Development
Association (IDA)
-250,523,927,000.00
-169,359,779,000.00
-177,898,927,000.00
-47,600,000,000.00
-50,000,000,000.00
-216,580,000,000.00
-22,625,000,000.00
1.2.4.2.3. . .
PRESIDENT
-38-
-31.2.4.2.3
1.2.4.3
1.2.4.4
1.2.5
2.
Other PMN
-1,778,320,274,000.00
1.2.4.2.3.1
Bank Indonesia (BI)
1.2.4.2.3.2
Indonesia
Eximbank (LPEI)
1.2.4.2.3.3
Health Social
Guarantee
Organizing Agency
(BPJS)
Revolving Fund
-5,238,320,274,000.00
-778,320,274,000.00
-778.320.274.000.00
-1,000,000,000,000.00
-1.000.000.000.000.00
0.00
-3.460.000.000.000.00
-6,106,300,000,000.00
-6,106,300,000,000.00
1.2.4.3.1
Micro. Small
and Medium
Management
Agency (LPDB
KUMKM)
-1,000,000,000,000.00
-1,000,000,000,000.00
1.2.4.3.2
Center of
Housing
Finance
-5,106,300,000,000.00
-5,106,300,000,000.00
0.00
-1,500,000,000,000.00
Investment Financing in
order to Form BLU of Asset
Management
Collateral Liability
-1,131,622,000,000.00
-843,523,000,000.00
-792,026,000,000.00
1.2.5.1
Acceleration of the coal

powered electricity power
plant
-833,230,000,000.00
1.2.5.2
Acceleration of Drinking
Water
-1,903,000,000.00
1.2.5.3
Partnership project between

the Government and
business entities through
Infrastructure Guarantee
Business Entity
-296,489,000,000.00
1.2.6
Anticipation fund for PT Lapindo

Brantas Inc,/PT Minarak Lapindo Jaya
0.00
1.2.7
Financing Reserve to Health BPJS for

Health DJS (Social Security Fund)
Program
0.00
-1,772,000,000.00
-49,725,000,000.00
-781,688,212,000.00
-1,540,000,000,000.00
NET FOREIGN FINANCE
-23,815,010,452,000.00
-20,008,107,720,000.00
2.1
Disbursement of gross foreign loan
47,037,121,419,000.00
48,647,035,745,000.00
2.1.1
Program loan
7,140,000,000,000.00
2.1.2
Project loan
39,897,121,419,000.00
41,147,035,745,000.00
2.1.2.1
2.1.2.2
Central Government Project

Loan
7,500,000,000,000.00
35,577,749,548,000.00
36,675,092,280,000.00
2.1.2.1.1
State
Ministry/Instit
ution Project
Loan
32,881,457,258,000.00
33,915,244,340,000.00
2.1.2.1.2
Subsidiary
Project Loan
2,696,292,290,000.00
Revenue of Subsidiary Loan
2,759,847,940,000.00
4,319,371,871,000.00
4,471,943,465,000.00
-4,471,943,465,000.00
2.2
Subsidiary Loan to BUMN/Regional Government
-4,319,371,871,000.00
2.3
Payment of the foreign principal installment
-66,532,760,000,000.00
-64,183,200,000,000.00
PRESIDENT OF THE REPUBLIC OF INDONESIA,

Signed
Certified true copy
Ministry of state secretariat of
The Republic of Indonesia
Assistant Deputy Minister for
Legislation on the Economy
Signed and sealed
Lydia Silvanna Djaman
JOKO WIDODO

UU Nomor 3 Tahun 2015 Translate

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LAW OF THE REPUBLIC OF INDONESIA

: a. whereas State Budget Revenues and Expenditures of

whereas in order to safeguard the implementation of

d. whereas based on considerations as referred to in

: 1. Article 5 paragraph (1), Article 20, Article 23

With the Joint Approval of

LAW REGARDING AMENDMENT TO LAW NUMBER 27

Provision of Article 3 shall be amended, so as to read

Provision of Article 4 shall be amended, so as to read

Taxation revenue as referred to in Article 3 letter

Domestic Tax Revenue as referred to in

Income Tax revenue as referred to in paragraph

Value Added Tax of Goods and Services and

Property Tax Revenue as referred to in paragraph

Excise Revenue as referred to in paragraph (2)

Other Tax Revenue as referred to in paragraph

International Trade Tax Revenue as referred to in

Import duty revenue as referred to in paragraph

(10) Export duty revenue as referred to in paragraph

Provision of Article 5 shall be amended, so as to read

PNBP as referred to in Article 3 letter b shall be

a. natural resources revenue;

Natural resources revenue as referred to in

Portion of BUMN profit revenue as referred to in

For optimizing the portion of BUMN profit

Other PNBP as referred to in paragraph (1) letter

BLU revenue as referred to in paragraph (1)

Further provision regarding detail PNBP of Fiscal

Provision of Article 6 shall be amended, so as to read

Provision of Article 7 shall be amended, so as to read

Central Government budget; and

Block Grants and Village Fund budget.

Provision of paragraph (1), paragraph (2), and

Central Government Budget as referred to in

Central Government Budget as referred to in

Central Government Budget as referred to in

c. Central Government Expenditure by Program.

Central Government Budget as referred to in

Further provision regarding detail Central

Provision of Article 9 shall be amended, so as to read

d. Other Transfer Fund.

Provisions of paragraph (1), paragraph (2), paragraph

a. DBH (Revenue Sharing Fund);

DBH as referred to in paragraph (1) letter a shall

DAU as referred to in paragraph (1) letter b shall

Net PDN as referred to in paragraph (3) shall be

In case the realization of State Budget results in

DAK as referred to in paragraph (1) letter c shall

2. DAK for Supporting Working Cabinet

Supplement DAK as referred to in paragraph (6)

(7a) Supplement DAK as referred to in paragraph (6)

Associate Fund for Supplement DAK as referred

Regions receiving supplement DAK as referred to

Provision of Article 11 shall be amended, so as to

Special Autonomy Fund as referred to in Article

1. Special Autonomy Fund of Papua Province

Privileges Fund of the Special Region of

Other Transfer Fund as referred to in Article 9

b. Income Supplement for Regional Civil Servant

Subsidy Management Program in Fiscal Year

Budget for Subsidy Management Program as

Budget for subsidy as referred to in paragraph

In the event of any changes in the amount of