REPUBLIKA.CO.ID, JAKARTA -- The government would revise the state budget (APBN) 2016 to secure the availability of budget in 2016. Chairman of Expert Team of Vice President, Sofjan Wanandi, said the budget revision was done by reducing the needs that are not considered necessary in 2016.

Sofyan said state budget 2016 revision was necessary because the government could not achieve the target of tax revenue in 2015. The state revenue this year was reduced about Rp 300 trillion.

"Rp 300 trillion was from taxes of Rp 200 trillion, dropped price of oil price of Rp 30 trillion, and others Rp 70 trillion," said Sofjan, Friday (4/12).

Furthermore, Sofyan added, if the revised state budget 2016 was not done, the government could not pay salaries of government employees. Therefore, the government must debts to pay the salaries.

"To avoid it, we do revise the state budget for next year," he stated.

Read: Director General of Taxes resigns as tax revenue not achieve target

He explained, the revision would be made in the second quarter, around March or April 2016. The government would also lower its targets since tax target in 2015 was not successfully achieved.

In order to reduce the burden on the government budget, a number of development projects would also be reduced. The government, said Sofyan, would hand over a number of large scale projects to private parties.

"But usually there are no private parties who want to build several infrastructure projects, such as dams, irrigation, and village roads. They always want to build highways, power plan, and airport," said Sofyan.

In addition, to cover the budget shortfall in 2016, the government has also issued bonds worth 4 billion US dollars.

Ikuti Whatsapp Channel Republika