Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, ANT, Robert Sidauruk
Concerned with the State Budget due to the massive fuel subsidy, the Government has proposed many plans to avoid an increase of deficit. For instance, limiting the use of fuel oil for private vehicles or increasing the price of fuel.
While there is no official announcement from the Government yet, Bank Indonesia (BI) is prepared in case the price of fuel is increased.
During the inauguration of Perry Warjiyo as BI Deputy Governor, Monday (15/4), BI Governor Darmin Nasution explained that his institution has prepared a detailed calculation of the possible outcomes of all measures that could be taken by the Government.
Darmin, however, refused to give further explanation regarding the calculations.
Perry Warjiyo also commented on the issue. He said that the inflation rate depends on fuel price increase as determined by the Government.
Perry explained that if the fuel price increase only applies to private cars, then the inflation rate would not be significant.
In contrast, if it applies to all vehicles—including public transportation and two-wheeled vehicles—the inflation would be larger.
Even though the inflation cannot be avoided, Perry suggested that people should not be worried. He asserted that the inflation will last only for three months and it will return to normal rate afterwards.
However, Perry admitted that the fuel price increase will affect economic growth, albeit temporarily.
Meanwhile, Agus Martowardoyo, the Minister of Finance, asserted that the Government is taking precautions before increasing the fuel price.
Without going into further detail, Agus concluded that any action taken by the Government is to make sure the use of subsidized fuel is right on target.
(hot/jt)
Fathan Qorib, ANT, Robert Sidauruk
Concerned with the State Budget due to the massive fuel subsidy, the Government has proposed many plans to avoid an increase of deficit. For instance, limiting the use of fuel oil for private vehicles or increasing the price of fuel.
While there is no official announcement from the Government yet, Bank Indonesia (BI) is prepared in case the price of fuel is increased.
During the inauguration of Perry Warjiyo as BI Deputy Governor, Monday (15/4), BI Governor Darmin Nasution explained that his institution has prepared a detailed calculation of the possible outcomes of all measures that could be taken by the Government.
Darmin, however, refused to give further explanation regarding the calculations.
Perry Warjiyo also commented on the issue. He said that the inflation rate depends on fuel price increase as determined by the Government.
Perry explained that if the fuel price increase only applies to private cars, then the inflation rate would not be significant.
In contrast, if it applies to all vehicles—including public transportation and two-wheeled vehicles—the inflation would be larger.
Even though the inflation cannot be avoided, Perry suggested that people should not be worried. He asserted that the inflation will last only for three months and it will return to normal rate afterwards.
However, Perry admitted that the fuel price increase will affect economic growth, albeit temporarily.
Meanwhile, Agus Martowardoyo, the Minister of Finance, asserted that the Government is taking precautions before increasing the fuel price.
Without going into further detail, Agus concluded that any action taken by the Government is to make sure the use of subsidized fuel is right on target.
(hot/jt)