Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Robert Sidauruk
The amount of funds allocated for subsidized fuel may lead to a deficit in the current State Budget (APBN). The deficit is estimated at 3%, which is making the Government to revise the current APBN.
This view was delivered by the new Minister of Finance, Chatib Basri, during a meeting with Budget Committee at the House of Representatives, Wednesday (22/5).
“State’s expenditure is increasing due to energy. The subsidized fuel allocation will also exceed the allocated budget,” Chatib said.
According to Chatib, the subsidized fuel is not the only reason for revising the 2013 APBN. Several macro-economics trends also demonstrate the need to revise the 2013 APBN.
“The 2013 APBN needs to be harmonized with our current macro-economic situation as it has gone beyond prediction,” he added.
One of the trends is weak rupiah exchange rate, which increases the State’s expenditure. Meanwhile, the State’s revenue from taxes is showing a decrease.
Meanwhile, Perry Warjiyo, Bank Indonesia Deputy Governor, said that the plan to increase fuel prices will affect the inflation rates, which currently reached 5,6% year-on-year.
“Is predicted that the inflation rate will reach 7,2% - 7,7% if the Government increases fuel prices,” he added.
However, Perry noted that national finance will be strengthened during the second quarter of 2013 due to several phenomenon occurring in Indonesia, as well as on the global level.
“Our domestic consumption will increase due to the preparation for 2014 election. In export sector, there will be an improvement of demand as the global economics is getting stable,” he explained.
(hot/jt)
Fathan Qorib, Robert Sidauruk
The amount of funds allocated for subsidized fuel may lead to a deficit in the current State Budget (APBN). The deficit is estimated at 3%, which is making the Government to revise the current APBN.
This view was delivered by the new Minister of Finance, Chatib Basri, during a meeting with Budget Committee at the House of Representatives, Wednesday (22/5).
“State’s expenditure is increasing due to energy. The subsidized fuel allocation will also exceed the allocated budget,” Chatib said.
According to Chatib, the subsidized fuel is not the only reason for revising the 2013 APBN. Several macro-economics trends also demonstrate the need to revise the 2013 APBN.
“The 2013 APBN needs to be harmonized with our current macro-economic situation as it has gone beyond prediction,” he added.
One of the trends is weak rupiah exchange rate, which increases the State’s expenditure. Meanwhile, the State’s revenue from taxes is showing a decrease.
Meanwhile, Perry Warjiyo, Bank Indonesia Deputy Governor, said that the plan to increase fuel prices will affect the inflation rates, which currently reached 5,6% year-on-year.
“Is predicted that the inflation rate will reach 7,2% - 7,7% if the Government increases fuel prices,” he added.
However, Perry noted that national finance will be strengthened during the second quarter of 2013 due to several phenomenon occurring in Indonesia, as well as on the global level.
“Our domestic consumption will increase due to the preparation for 2014 election. In export sector, there will be an improvement of demand as the global economics is getting stable,” he explained.
(hot/jt)