Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami
Fathan Qorib, Andin Aditya Rahman
The Ministry of Finance, Bank Indonesia (BI), and Budget Office of the House of Representatives (Banggar) recently held a joint work meeting to discuss the State Revenue and Expenditure Budget for 2015 (APBN 2015). The work meeting’s agenda was a presentation of macro-projections from each institution.
During the meeting, Chatib Basri, Minister of Finance, said in his presentation that economic growth for next year is targeted to be 5.5 to 6 percent with inflation of between 3 and 5 percent. According to Mr. Basri, these targets are better than those in this year’s State Budget.
“This figure is clearly better because the 5.5 percent figure in the 2014 State Budget is the upper level limit, whereas for the 2015 RAPBN, that is the lower benchmark of our projections,” explained Mr. Basri.
On the other hand, he continued, the interest rate on State Treasury Securities will likely be between 6 and 6.5 percent considering possible fluctuations in the global economy caused by measures implemented by the Federal Reserve of the United States (Fed).
“There is a possibility that the Fed will establish normalizations, which will cause interest rates there to rise. Consequently, there will be outflows to Indonesia,” Mr. Basri elaborated.
Mr. Basri also presented predictions for Indonesia’s total oil lifting in 2015 at 900-920 thousand barrels per day, with gas lifting to reach 1,200-1,250 thousand barrel per day.
In regard to the IDR exchange rate against the USD, Mr. Basri put forward slightly different figures to the ones presented by Agus D. W. Martowardojo, Governor of BI.
According to the calculations of the Ministry of Finance, Chatib stated that the IDR will float between IDR 11,500 and IDR 12,000, whereas Mr. Martowardojo said that it will fluctuate between IDR 11,900 and IDR 12,100.
“The IDR in 2015 is assumed to be positioned at around IDR 11,900 to IDR 12,100 per USD,” asserted Agus.
The Governor of BI also put forward slight different figures for Indonesia’s economic growth next year at between 5.4 and 5.8 percent based on consideration of different dynamics in the domestic and global economies.
(hot/kc)
Fathan Qorib, Andin Aditya Rahman
The Ministry of Finance, Bank Indonesia (BI), and Budget Office of the House of Representatives (Banggar) recently held a joint work meeting to discuss the State Revenue and Expenditure Budget for 2015 (APBN 2015). The work meeting’s agenda was a presentation of macro-projections from each institution.
During the meeting, Chatib Basri, Minister of Finance, said in his presentation that economic growth for next year is targeted to be 5.5 to 6 percent with inflation of between 3 and 5 percent. According to Mr. Basri, these targets are better than those in this year’s State Budget.
“This figure is clearly better because the 5.5 percent figure in the 2014 State Budget is the upper level limit, whereas for the 2015 RAPBN, that is the lower benchmark of our projections,” explained Mr. Basri.
On the other hand, he continued, the interest rate on State Treasury Securities will likely be between 6 and 6.5 percent considering possible fluctuations in the global economy caused by measures implemented by the Federal Reserve of the United States (Fed).
“There is a possibility that the Fed will establish normalizations, which will cause interest rates there to rise. Consequently, there will be outflows to Indonesia,” Mr. Basri elaborated.
Mr. Basri also presented predictions for Indonesia’s total oil lifting in 2015 at 900-920 thousand barrels per day, with gas lifting to reach 1,200-1,250 thousand barrel per day.
In regard to the IDR exchange rate against the USD, Mr. Basri put forward slightly different figures to the ones presented by Agus D. W. Martowardojo, Governor of BI.
According to the calculations of the Ministry of Finance, Chatib stated that the IDR will float between IDR 11,500 and IDR 12,000, whereas Mr. Martowardojo said that it will fluctuate between IDR 11,900 and IDR 12,100.
“The IDR in 2015 is assumed to be positioned at around IDR 11,900 to IDR 12,100 per USD,” asserted Agus.
The Governor of BI also put forward slight different figures for Indonesia’s economic growth next year at between 5.4 and 5.8 percent based on consideration of different dynamics in the domestic and global economies.
(hot/kc)