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Changing Economy in Indonesia: A Selection of Statistical by W.M.F. Mansvelt PDF

By W.M.F. Mansvelt

ISBN-10: 9024718554

ISBN-13: 9789024718559

ISBN-10: 9401177546

ISBN-13: 9789401177542

A correct statistical account of Indonesia's financial heritage quite often as much as 1940. quantity sixteen completes this sequence.

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Read or Download Changing Economy in Indonesia: A Selection of Statistical Source Material from the early 19th Century up to 1940 Volume 2 Public Finance 1816–1939 PDF

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Extra resources for Changing Economy in Indonesia: A Selection of Statistical Source Material from the early 19th Century up to 1940 Volume 2 Public Finance 1816–1939

Example text

This was termed 'Payments from the Treasury of the Territory'. Part of the above-mentioned transfer entry from the current balance, namely the depreciation of the unit's assets (fixed as the capital of the unit on application of the IBW), was also transferred as revenue to the extraordinary service, as 'Payment to the Treasury of the Territory'. It was assumed that the book value (the total value of the unit's assets such as these were appraised according to their current value and taking into account their expected length of life) of the foundation capital of the unit was a part of the actual national debt.

Very incomplete = yearly average = unknown x () = estimated a blank = no statistics available or included in other statistics. Detailed items in tables do not necessarily add to totals because of rounding. Lines 3, 6, 9 -Indicates expenditure in excess of revenue; + indicates revenue in excess of expenditure . Commentary In pursuance of the Indische Comptabiliteitswet of 1864 (NS 1864 41, 35 and IS 1864 2 7, 106) and in order to give effect to the provision in the 1848 Constitution (article 60), the budget was, as of the 1867 financial year, enacted by law.

My opinion, therefore, is in complete agreement with that which formed the basis for the division of the present budget of the Kingdom into "ordinary" and "capital" service. In practice this opinion amounts to this, that all the revenue and expenditure which have to be eliminated from the ordinary service in order to obtain a statement which in principle must lead to balanced accounts, are entered on the extraordinary service. The expenditure which the Minister has in mind forms an important part thereof, yet there is no reason for excluding other expenditure from the extraordinary service, on the contrary, the primary purpose may precisely necessitate the inclusion in the 'extraordinary service' of other expenditure also, expenditure which in the drawing up of a balanced budget for the ordinary service ought to be eliminated.

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Changing Economy in Indonesia: A Selection of Statistical Source Material from the early 19th Century up to 1940 Volume 2 Public Finance 1816–1939 by W.M.F. Mansvelt


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