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Forecasting North Kalimantan Provincial Budget for Infrastructures Analysis through Economic Recovering Program
Abstract
The provincial budget for infrastructure tends to decrease because of the COVID-19 pandemic in 2020, which leads to the infrastructure provincial government's concerns in forecasting the budget, especially in distributing its budget to infrastructure priority programs such as bridge, road and public need building. This research aims to forecast the budget of North Kalimantan Infrastructures through its economic recovery program from 2023 to 2030 using the least square and index number method. The study found that North Kalimantan Infrastructures' budget forecasting slightly fluctuates to cover its economic recovery program. It is also predicted that the highest increase in budget will be experienced in 2023 because early this year, North Kalimantan launched its national strategic program, KIHI or Indonesia Industrial Green Environment.
Article information
Journal
Journal of Economics, Finance and Accounting Studies
Volume (Issue)
5 (6)
Pages
27-32
Published
Copyright
Copyright (c) 2023 Journal of Economics, Finance and Accounting Studies
Open access
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.