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Ada Pertanyaan? Hubungi Kami Anne Aprina Priskila, Fathan Qorib
The weakening of the rupiah’s against the US dollar is currently the focus of attention of numerous stakeholders. While the government claims that it has been working hard to implement economic policies to support the rupiah, others are questioning these efforts.Lawmaker Ecky Awal Muharram (Commission XI) is vocal in his negative assessment of current government actions, emphasizing its ineffectiveness.
“We need policy that is immediately effective instrengthening therupiah," he said on Wednesday.
According to Mr. Muharram, the rupiah’s exchange rate should beat the IDR 12,500 per US dollar, as stated in the 2015 State Budget and as stipulated by the House and government who have agreed to keep it at this level. However, economic policy is not makingthe current situation any better.
Currente conomic policy consists of six main pillars that have been issued to improve and maintain national economic development. The first policy is tax concessions for companies that are willing to reinvestment dividends.
The second and third policies are in relation to import duty and visa-free facilities respectively. The fourth policy is the mandatory use of biofuel to reduce the import of diesel. The fifth policy is the utilization of letters of credit for natural resource businesses such as mining, oil and gas, coal, and palm oil. The last policy covers domestic reinsurance companies.
Mr. Muharram advocates that these policies are insufficient, and urgently demanding policies that directly touch the core issue. For instance, the government must support export companies and together with Bank Indonesia adopt firm policies which will maximize foreign currency from exports to bring into balance the numerous private foreign loans which total some USD170 billion.
(hot/kc)
Anne Aprina Priskila, Fathan Qorib
The weakening of the rupiah’s against the US dollar is currently the focus of attention of numerous stakeholders. While the government claims that it has been working hard to implement economic policies to support the rupiah, others are questioning these efforts.Lawmaker Ecky Awal Muharram (Commission XI) is vocal in his negative assessment of current government actions, emphasizing its ineffectiveness.
“We need policy that is immediately effective instrengthening therupiah," he said on Wednesday.
According to Mr. Muharram, the rupiah’s exchange rate should beat the IDR 12,500 per US dollar, as stated in the 2015 State Budget and as stipulated by the House and government who have agreed to keep it at this level. However, economic policy is not makingthe current situation any better.
Currente conomic policy consists of six main pillars that have been issued to improve and maintain national economic development. The first policy is tax concessions for companies that are willing to reinvestment dividends.
The second and third policies are in relation to import duty and visa-free facilities respectively. The fourth policy is the mandatory use of biofuel to reduce the import of diesel. The fifth policy is the utilization of letters of credit for natural resource businesses such as mining, oil and gas, coal, and palm oil. The last policy covers domestic reinsurance companies.
Mr. Muharram advocates that these policies are insufficient, and urgently demanding policies that directly touch the core issue. For instance, the government must support export companies and together with Bank Indonesia adopt firm policies which will maximize foreign currency from exports to bring into balance the numerous private foreign loans which total some USD170 billion.
(hot/kc)