Go Finance Reporting in JAKARTA - The Ministry of Finance to assess the implementation of Government Regulation (PP) No. 54 regarding the procurement of goods and services does not encourage the realization of shopping Ministry Institute. This is evident when compared with last year, actual spending is lower this year.
"Because there are obstacles in between the PP 54, PP because it turns out it does not accelerate the realization of shopping," said Herry Purnomo Directorate General of Budget in his office, Wahidin Jalan Raya, Jakarta, last weekend.
The low absorption, he said, because there are less perfect and the PP 54. "So the average was re-tender, who was at the tender last year was due to changes in government regulations, it is overloaded," he explained.
Harry said, compared with last year, slides realization shopping this year are even lower. "That was until May but now June, we shall make a report of the semester, but if completed by the end of June," he said.
The PP 54 Year 2010 guidelines contain about procurement of goods / services of the government, speed up the procurement process, so that procurement contracts can be implemented in January / February (Beginning Fiscal Year in progress).
Earlier, Director General of Treasury Agus Suprijanto revealed some ministry from the ministry just Institution of Public Works are already Implement tender since November. "But implementation is still April," he said in Jakarta. (GoFinance)
Showing posts with label Fiscal and Monetary. Show all posts
Showing posts with label Fiscal and Monetary. Show all posts
Sunday, June 19, 2011
Sunday, May 29, 2011
::Presidential Moratorium Positive For World Timber Industry>>
Go Finance Reporting in PEKANBARU - The timber industry businessmen claimed that the instructions of President (Presidential Instruction) No. 10/2011 concerning forest moratorium on newly signed by President Susilo Bambang Yudhoyono (SBY) can have a positive impact of forest products like timber and derivatives in the world market.
Chairman of the Association of Indonesian Forest Concessionaires (APHI) Riau, Endro Siswoko rate, by the issuance of Presidential Instruction, she believes the future price of Indonesian wood and derived products are better than today. It will bring a positive aura to the company.
"I think the president's instructor will bring impact to the business world," he said in a conversation with Legal, Sunday, (05/29/2011).
With the issuance of Presidential Instruction that contains about New Permit Delays and Improving Governance Primary Forest and Peatland expected various circles for no rush to assess the negative. However, APHI Riau still capture the input from its members after the publication of Presidential Instruction moratorium.
"For those whose licenses are issued, the Presidential Instruction was not a problem. But not with those who are still in the permit process, but we are still seeking input from friends," said Endro again. (GoFinance)
Chairman of the Association of Indonesian Forest Concessionaires (APHI) Riau, Endro Siswoko rate, by the issuance of Presidential Instruction, she believes the future price of Indonesian wood and derived products are better than today. It will bring a positive aura to the company.
"I think the president's instructor will bring impact to the business world," he said in a conversation with Legal, Sunday, (05/29/2011).
With the issuance of Presidential Instruction that contains about New Permit Delays and Improving Governance Primary Forest and Peatland expected various circles for no rush to assess the negative. However, APHI Riau still capture the input from its members after the publication of Presidential Instruction moratorium.
"For those whose licenses are issued, the Presidential Instruction was not a problem. But not with those who are still in the permit process, but we are still seeking input from friends," said Endro again. (GoFinance)
Sunday, March 6, 2011
::Weird .. Imported Meat is Much, But Meat Consumption is Low>>
Go Finance Reporting in JAKARTA-Even though many make imports of meat, However the fact that Indonesia is the country with the consumption of meat and fruits lowest in ASEAN.
"Although Indonesia is a tropical country, but its people are the lowest in the sector consumed meat and fruit," said expert Dr. Pondok Pesantren Sunan Drajat Tjuk Eko Hari Basuki in Food Solution seminar, Jakarta, Sunday (03/05/2011).
Basuki explained to Indonesian meat consumption was recorded only a single digit, this is far different from other ASEAN countries which has reached double digits.
"Indonesian meat consumption is only 5.5 kilograms per year, in contrast to the Philippines meat consumption reached 19.0 pounds per year, differ greatly also with Thailand which reached 23.3 kilograms per year. In comparison to Malaysia, Indonesia was lagging behind meat consumption even further , Malaysia can be reached 43 kilograms per year per year, "he said.
As for the consumption of fruit per year, Indonesia was already entering the double digits, but still less when compared with the Philippines or Malaysia.
"Consumption of fruit per year Indonesia only consume 23.1 kilograms per year, in contrast to the Philippines which can reach 55.0 kilograms per year. While Thailand consumption reached 30.0 pounds per year, Malaysia alone reached 49.0 kilograms per year,"
Although that case, Indonesia was recorded as the country consumed eggs and vegetables Indonesia highest among ASEAN countries. For vegetable consumption per year Indonesia spends 49.0 kilograms per year, the Philippines alone consume 34.2 kilograms per year, Thailand consume 41.1 kilograms per year, and Malaysia alone consume as much as 47.2 kilograms per year.
For Indonesia eggs consume as much as 64.0 kilograms per year, Filipinos consume 31.7 kilograms per year, Thailand consume almost the same with the Philippines which is 31.1 kilograms per year, while Malaysia consumes as much as 41.9 kilograms per year.
As reported previously Finance Minister Agustin Martowardojo in his office, claimed to be surprised by the achievements of the realization of imported meat at the beginning of this year has reached 10 thousand tons. Though the government set meat import quotas for this year only 50 thousand tons.
"Now its quota in 2011, 50 thousand tons until January alone, I see the data already entered 10 thousand tons in a period of 1 month was 10 thousand tons. Interestingly last year, the import quota meat was 76 thousand. But we realizations 120 thousand tons, "he said. (GoFinance)
"Although Indonesia is a tropical country, but its people are the lowest in the sector consumed meat and fruit," said expert Dr. Pondok Pesantren Sunan Drajat Tjuk Eko Hari Basuki in Food Solution seminar, Jakarta, Sunday (03/05/2011).
Basuki explained to Indonesian meat consumption was recorded only a single digit, this is far different from other ASEAN countries which has reached double digits.
"Indonesian meat consumption is only 5.5 kilograms per year, in contrast to the Philippines meat consumption reached 19.0 pounds per year, differ greatly also with Thailand which reached 23.3 kilograms per year. In comparison to Malaysia, Indonesia was lagging behind meat consumption even further , Malaysia can be reached 43 kilograms per year per year, "he said.
As for the consumption of fruit per year, Indonesia was already entering the double digits, but still less when compared with the Philippines or Malaysia.
"Consumption of fruit per year Indonesia only consume 23.1 kilograms per year, in contrast to the Philippines which can reach 55.0 kilograms per year. While Thailand consumption reached 30.0 pounds per year, Malaysia alone reached 49.0 kilograms per year,"
Although that case, Indonesia was recorded as the country consumed eggs and vegetables Indonesia highest among ASEAN countries. For vegetable consumption per year Indonesia spends 49.0 kilograms per year, the Philippines alone consume 34.2 kilograms per year, Thailand consume 41.1 kilograms per year, and Malaysia alone consume as much as 47.2 kilograms per year.
For Indonesia eggs consume as much as 64.0 kilograms per year, Filipinos consume 31.7 kilograms per year, Thailand consume almost the same with the Philippines which is 31.1 kilograms per year, while Malaysia consumes as much as 41.9 kilograms per year.
As reported previously Finance Minister Agustin Martowardojo in his office, claimed to be surprised by the achievements of the realization of imported meat at the beginning of this year has reached 10 thousand tons. Though the government set meat import quotas for this year only 50 thousand tons.
"Now its quota in 2011, 50 thousand tons until January alone, I see the data already entered 10 thousand tons in a period of 1 month was 10 thousand tons. Interestingly last year, the import quota meat was 76 thousand. But we realizations 120 thousand tons, "he said. (GoFinance)
Tuesday, March 1, 2011
::Potential Deflation in February>>
Go Finance Reporting in JAKARTA - The government is optimistic during February 2011 there will be deflation because it supported continued decline in food prices, particularly rice.
Coordinating Minister Hatta Rajasa said, the decline in rice prices is expected to be a contributor to the occurrence of deflation in February. Hatta also estimates, the decline in rice prices will occur in March 2011 supported the main harvest in areas of rice supply.
"We're optimistic that there will be deflation in food," said Hatta in Jakarta.
However, some economic observers are still going to happen inflation rate in February. Inflation in February 2011 is expected to be 0.3 to 0.5 percent figure. "Our projections month on month (month to month) of 0.37 percent and year to year (year on year / yoy) amounted to 7.09 percent," said Chief Economist of the Investment Funds Institute Purbaya Yudhi Sadewa.
He said the inflation projection will tend to be lower when compared with previous months are elevated due to volatile prices of food and oil prices. "February tends to be lower until the end of March, and April is likely that prices will continue to fall and the potential for deflation," he said.
Mandiri Securities chief economist Destry Damayanti estimates, inflation in February will be on the level of 0.4 percent so as to be touching 7.12 per cent yoy. Inflation is mainly processed food sector which is one of consumption.
"The high inflation in food raw materials began to be transmitted in food. In addition, the increase in drug prices also affect inflation, "he said.
One of the curb inflation so as not to squirm too deep is the strengthening of the rupiah during February. (GoFinance)
Coordinating Minister Hatta Rajasa said, the decline in rice prices is expected to be a contributor to the occurrence of deflation in February. Hatta also estimates, the decline in rice prices will occur in March 2011 supported the main harvest in areas of rice supply.
"We're optimistic that there will be deflation in food," said Hatta in Jakarta.
However, some economic observers are still going to happen inflation rate in February. Inflation in February 2011 is expected to be 0.3 to 0.5 percent figure. "Our projections month on month (month to month) of 0.37 percent and year to year (year on year / yoy) amounted to 7.09 percent," said Chief Economist of the Investment Funds Institute Purbaya Yudhi Sadewa.
He said the inflation projection will tend to be lower when compared with previous months are elevated due to volatile prices of food and oil prices. "February tends to be lower until the end of March, and April is likely that prices will continue to fall and the potential for deflation," he said.
Mandiri Securities chief economist Destry Damayanti estimates, inflation in February will be on the level of 0.4 percent so as to be touching 7.12 per cent yoy. Inflation is mainly processed food sector which is one of consumption.
"The high inflation in food raw materials began to be transmitted in food. In addition, the increase in drug prices also affect inflation, "he said.
One of the curb inflation so as not to squirm too deep is the strengthening of the rupiah during February. (GoFinance)
Sunday, February 20, 2011
::BI Optimistic in 2011 Bad Debt Levels Will Down!>>
Go Finance Reporting in Padalarang - Bank Indonesia believes non-performing loans (non-performing loans / NPL) in 2011 banks will continue to fall from the previous year or at least does not increase because the risk managment banking capability is now very good.
"We're confident because of risk management, the ability of banks is now very good. So they can give a better assessment in lending. So that is reflected from a year ago, a good credit expansion with low NPL. It is thanks to the application of risk management better than the banks, "said researcher Main Directorate of Banking Research and Regulation workshop BI Suhaedi in economics reporter at Mason Pine Hotel, Bandung, on Saturday (02/19/2010).
He said BI also expects a change of the structure of these loans so that loans for investment and working capital to increase and support sustainable economic growth.
"We expect in the future there is a change from the structure of these loans, so loans for investment and working capital will increase. This concern shared between the BI and banking in order to support sustainable economic development, which means that the productive sector efforts to produce goods and services directly , "he added.
He said BI also will continue to maintain and pursue these NPLs to stay awake and not increased so that credit can be developed with selectivity.
"Yes we are seeking so that the NPL remain in conditions such as, say will not increase. So developing credit and selectivity and a better appraisal, credit growth, it remained well-managed," he added. (GoFinance)
"We're confident because of risk management, the ability of banks is now very good. So they can give a better assessment in lending. So that is reflected from a year ago, a good credit expansion with low NPL. It is thanks to the application of risk management better than the banks, "said researcher Main Directorate of Banking Research and Regulation workshop BI Suhaedi in economics reporter at Mason Pine Hotel, Bandung, on Saturday (02/19/2010).
He said BI also expects a change of the structure of these loans so that loans for investment and working capital to increase and support sustainable economic growth.
"We expect in the future there is a change from the structure of these loans, so loans for investment and working capital will increase. This concern shared between the BI and banking in order to support sustainable economic development, which means that the productive sector efforts to produce goods and services directly , "he added.
He said BI also will continue to maintain and pursue these NPLs to stay awake and not increased so that credit can be developed with selectivity.
"Yes we are seeking so that the NPL remain in conditions such as, say will not increase. So developing credit and selectivity and a better appraisal, credit growth, it remained well-managed," he added. (GoFinance)
Wednesday, February 2, 2011
::IFC Helps Infrastructure Projects>>
Go Finance Reporting Jakarta - International Finance Corporation (IFC) at the same time pledged support for infrastructure projects in Indonesia to support the acceleration of national economic growth.
Support will be channeled to the development of infrastructure projects with financing schemes and private cooperation (public-private partnership / PPP).
"Support for the PPP project is a form of participation to support sustainable economic growth and create jobs in Indonesia," said Executive Vice President and CEO Lars Thunell IFC through a statement yesterday.
In addition, Lars is clear, it is also committed to supporting the expansion of access to finance for small businesses, reduce greenhouse gas emissions, and improve the quality of the investment climate. Over the long term cooperation with Indonesia, IFC's total investment in this country until January 2011 has reached $ 4, 1 billion. Total IFC investment projects in Indonesia, there were 101 projects.
Meanwhile, the technical assistance program conducted in Indonesia IFC focuses on improving access to financing and business assistance for sustainable agribusiness and forestry sectors. Infrastructure sector is still a chore that seized the attention of government and business community.
Because the availability of essential infrastructure required to support investment and business climate in Indonesia. Not yet maximal quality of infrastructure makes businesses must pay more for transportation and logistics. This condition is even put Indonesia as one of the countries with the most expensive logistics costs.
The existence of basic infrastructure such as roads, bridges, and ports which are believed to suppress adequately the costs for transportation and business logistics.
Responding to the condition of infrastructure in the country who continually under the spotlight, Principal Secretary Ministry of National Development Planning (VAT) / First Secretary of Bappenas Syahrial Loetan admit that it might still be one factor inhibiting investment.
"The truth is like that. We already know how the condition of our infrastructure, but we should continue to work better, "said Syahrial.
He said the government continued to attempt to maximize the availability of infrastructure in various ways, ranging from increasing the percentage of the budget for the infrastructure to maximize the program of government-private cooperation.
However, Syahrial said, the budget increase does not necessarily able to fulfill all infrastructure needs. Meanwhile, infrastructure projects through PPP had not been realized fully.
Syahrial added that the government is also aware that the availability of basic infrastructure necessary to attract investors. That, he stated, is the obligation of government. Therefore, gradually the basic infrastructure needs will be met government. Basic infrastructure becomes an absolute necessity, particularly in eastern Indonesia.
"Because, if eastern Indonesia are not met the needs of basic infrastructure, the investment is only concentrated in Java. What we try to pursue is the connectedness or domestic connectivity to support the concept of economic corridors are being coordinated, "he explained. (GoFinance)
Support will be channeled to the development of infrastructure projects with financing schemes and private cooperation (public-private partnership / PPP).
"Support for the PPP project is a form of participation to support sustainable economic growth and create jobs in Indonesia," said Executive Vice President and CEO Lars Thunell IFC through a statement yesterday.
In addition, Lars is clear, it is also committed to supporting the expansion of access to finance for small businesses, reduce greenhouse gas emissions, and improve the quality of the investment climate. Over the long term cooperation with Indonesia, IFC's total investment in this country until January 2011 has reached $ 4, 1 billion. Total IFC investment projects in Indonesia, there were 101 projects.
Meanwhile, the technical assistance program conducted in Indonesia IFC focuses on improving access to financing and business assistance for sustainable agribusiness and forestry sectors. Infrastructure sector is still a chore that seized the attention of government and business community.
Because the availability of essential infrastructure required to support investment and business climate in Indonesia. Not yet maximal quality of infrastructure makes businesses must pay more for transportation and logistics. This condition is even put Indonesia as one of the countries with the most expensive logistics costs.
The existence of basic infrastructure such as roads, bridges, and ports which are believed to suppress adequately the costs for transportation and business logistics.
Responding to the condition of infrastructure in the country who continually under the spotlight, Principal Secretary Ministry of National Development Planning (VAT) / First Secretary of Bappenas Syahrial Loetan admit that it might still be one factor inhibiting investment.
"The truth is like that. We already know how the condition of our infrastructure, but we should continue to work better, "said Syahrial.
He said the government continued to attempt to maximize the availability of infrastructure in various ways, ranging from increasing the percentage of the budget for the infrastructure to maximize the program of government-private cooperation.
However, Syahrial said, the budget increase does not necessarily able to fulfill all infrastructure needs. Meanwhile, infrastructure projects through PPP had not been realized fully.
Syahrial added that the government is also aware that the availability of basic infrastructure necessary to attract investors. That, he stated, is the obligation of government. Therefore, gradually the basic infrastructure needs will be met government. Basic infrastructure becomes an absolute necessity, particularly in eastern Indonesia.
"Because, if eastern Indonesia are not met the needs of basic infrastructure, the investment is only concentrated in Java. What we try to pursue is the connectedness or domestic connectivity to support the concept of economic corridors are being coordinated, "he explained. (GoFinance)
Thursday, January 20, 2011
::RI Pride Among Developing Countries>>
Go Finance Report - Indonesia will become a pride among developing countries although it is still overshadowed by the concerns about the impact of inflation and debt crisis of the European countries.
This was revealed by President Director of CIMB Securites Bernard Thien in the event of CIMB Group's Market Outlook 2011, the Private Dinning Room 1 & 2, Hotel Ritz Carlton, Pacific Place, Jakarta, Thursday (01/20/2011).
"Although there are concerns about the impact of uncontrolled inflation, economic recovery from the U.S. and the debt crisis in European countries, Indonesia will still be a pride among developing countries," he said.
He explained, still favor Indonesia among other developing countries due to high rates of return on investment within five years.
Also, see the growth in gross domestic product (GDP) of Indonesia which grew by 4.5 percent, even in 2010, growth reached more than six percent. "We see also Indonesia's GDP growth of 4.5 percent," he said. (GoFinance)
This was revealed by President Director of CIMB Securites Bernard Thien in the event of CIMB Group's Market Outlook 2011, the Private Dinning Room 1 & 2, Hotel Ritz Carlton, Pacific Place, Jakarta, Thursday (01/20/2011).
"Although there are concerns about the impact of uncontrolled inflation, economic recovery from the U.S. and the debt crisis in European countries, Indonesia will still be a pride among developing countries," he said.
He explained, still favor Indonesia among other developing countries due to high rates of return on investment within five years.
Also, see the growth in gross domestic product (GDP) of Indonesia which grew by 4.5 percent, even in 2010, growth reached more than six percent. "We see also Indonesia's GDP growth of 4.5 percent," he said. (GoFinance)
::India Companies Interested in Uranium From Indonesia >>
Go Finance Reporting - The Indonesian government expressed when processing ore mining company from India, Primex, interested in Indonesia to process iron sand.
Minister of Industry, MS Hidayat explained the Ministry of Industry (Kemenperin) will sign a memorandum of agreement with Primex to increase the value of iron sand Indonesia.
"Kemenperin will sign with a private company, Primex his name, to process the added value of iron sand, iron sand," said Minister of SOEs Mustafa Abubakar, when met at the Office of Coordinating Ministry for Economic Affairs, Jalan Banteng Square, Jakarta, Thursday (20/01/2011) .
But according to Mustafa, currently benefit from the memorandum of agreement is being reviewed. Himself explained, if an agreement is reached, Indonesia no longer need to export the raw iron sand.
"It's not contrived its value added, value added, titanium, uranium, but the sand itself dipulangan again to Indonesia, so it would not export raw sand as we now do in the PRC," he explained.
According to Hidayat, the implementation of cooperation with Primex to go through further study and should be there under guard from the industry, in which the government would find "he added."
"But it must be through the study. Therefore, the desire Primex (investing) in such other countries must be escorted by government.'s Why working with for Industry, because that would oversee the industry is right or wrong. If true, then we will swatch his counterpart here, "said Hidayat.
For your information, Indians who want to process iron sand from Indonesia will later be processed into various kinds of material that is more useful, such as titanium, and uranium (nuclear power plant materials). (GoFinance)
Minister of Industry, MS Hidayat explained the Ministry of Industry (Kemenperin) will sign a memorandum of agreement with Primex to increase the value of iron sand Indonesia.
"Kemenperin will sign with a private company, Primex his name, to process the added value of iron sand, iron sand," said Minister of SOEs Mustafa Abubakar, when met at the Office of Coordinating Ministry for Economic Affairs, Jalan Banteng Square, Jakarta, Thursday (20/01/2011) .
But according to Mustafa, currently benefit from the memorandum of agreement is being reviewed. Himself explained, if an agreement is reached, Indonesia no longer need to export the raw iron sand.
"It's not contrived its value added, value added, titanium, uranium, but the sand itself dipulangan again to Indonesia, so it would not export raw sand as we now do in the PRC," he explained.
According to Hidayat, the implementation of cooperation with Primex to go through further study and should be there under guard from the industry, in which the government would find "he added."
"But it must be through the study. Therefore, the desire Primex (investing) in such other countries must be escorted by government.'s Why working with for Industry, because that would oversee the industry is right or wrong. If true, then we will swatch his counterpart here, "said Hidayat.
For your information, Indians who want to process iron sand from Indonesia will later be processed into various kinds of material that is more useful, such as titanium, and uranium (nuclear power plant materials). (GoFinance)
::RI-India Cooperation Approval 15 Reaches $ 15 Billion>>
Go Finance Reporting - The government claims more than 15 have signed a memorandum of agreement with the value reached $ 15 billion with India.
Coordinating Minister Hatta Rajasa said that President Susilo Bambang Yudhoyono (SBY) will be the guest of honor in order to invite the President of India in late January.
In the event, there will also be talks related to economic development and cooperation will be the signing of 15 agreements reached $ 15 billion.
"If baseball is the birthday of the country while developing economic ties between the two countries. It would be a lot of cooperation to be signed over 15 agreements worth $ 15 billion," Hatta said when met at his office, Jakarta, Thursday (01/20/2011) .
Hatta added that if this opportunity can also be used in a promotional event. "This is our campaign we will also describe about our economic corridor, the areas which we will develop," he added.
The form of the agreement include the development of railways. In addition, the Chamber of Commerce and Industry (Kadin) Indonesia will also meet with Indian Chamber of Commerce.
"Suppose such as construction of railway in South Sumatra. It's worth $ 1, 5 billion-$ 2 billion. Not to mention another MoU. But clearly it is just for example," he said. (GoFinance)
Coordinating Minister Hatta Rajasa said that President Susilo Bambang Yudhoyono (SBY) will be the guest of honor in order to invite the President of India in late January.
In the event, there will also be talks related to economic development and cooperation will be the signing of 15 agreements reached $ 15 billion.
"If baseball is the birthday of the country while developing economic ties between the two countries. It would be a lot of cooperation to be signed over 15 agreements worth $ 15 billion," Hatta said when met at his office, Jakarta, Thursday (01/20/2011) .
Hatta added that if this opportunity can also be used in a promotional event. "This is our campaign we will also describe about our economic corridor, the areas which we will develop," he added.
The form of the agreement include the development of railways. In addition, the Chamber of Commerce and Industry (Kadin) Indonesia will also meet with Indian Chamber of Commerce.
"Suppose such as construction of railway in South Sumatra. It's worth $ 1, 5 billion-$ 2 billion. Not to mention another MoU. But clearly it is just for example," he said. (GoFinance)
Wednesday, December 15, 2010
::2011, The World Economy Predicted to Grow 4.2%>>
Go Finance Report - Provision of fiscal and monetary stimulus has successfully issued a major world economy from recession. The world economy is predicted to grow by 4.8 percent in 2010 and 4.2 percent in 2011. The largest contribution comes from economic growth in developing countries.
This was conveyed by Minister of Investment Advisor Government & Private, Djatmiko, when Seminars commemorate the anniversary of LKBN Between the 75th, the House Antara, Jakarta, Wednesday (15/12/2010).
"But, still there are vulnerabilities in the economy in the world, including the fiscal situation of European countries are poor, global imbalances such as the imbalance of economic growth, savings-investment, trade," he said.
According to him, the world must find a way for this imbalance can be lost (or reduced). Because, as a result of this imbalance, the flow of capital flows from developed countries to developing countries.
"While developing countries are also experiencing difficulties in absorbing the incoming capital flows efficiently. As a result, was forced to absorb into the foreign exchange reserves," he said.
Meanwhile, to protect themselves against the possibility of reversal of capital flows (capital reversal) can to prevent the strengthening of capital flows are less significant than the exchange rate of their currencies. (GoFinance)
This was conveyed by Minister of Investment Advisor Government & Private, Djatmiko, when Seminars commemorate the anniversary of LKBN Between the 75th, the House Antara, Jakarta, Wednesday (15/12/2010).
"But, still there are vulnerabilities in the economy in the world, including the fiscal situation of European countries are poor, global imbalances such as the imbalance of economic growth, savings-investment, trade," he said.
According to him, the world must find a way for this imbalance can be lost (or reduced). Because, as a result of this imbalance, the flow of capital flows from developed countries to developing countries.
"While developing countries are also experiencing difficulties in absorbing the incoming capital flows efficiently. As a result, was forced to absorb into the foreign exchange reserves," he said.
Meanwhile, to protect themselves against the possibility of reversal of capital flows (capital reversal) can to prevent the strengthening of capital flows are less significant than the exchange rate of their currencies. (GoFinance)
Saturday, December 11, 2010
::War Threatens Indonesia's inflation rate>>
Go Finance Reporting - The Indonesian economy in 2011 is predicted to still shadowed by the threat of inflation. This is the impact of war exchange rate (currency wars) that occur that can affect the global crisis.
In 2011 estimated number of countries in Europe and the United States (U.S.) would deliberately weaken its currency. Even the United States reportedly has made an extreme policy, by printing money worth $ 600 billion in 2010.
"No one can guarantee America will not print money anymore," said economic analyst Tony A Prasetiantono when a speaker in a seminar titled Ekonomic Outlook 2011, at the Hotel Sanur Beach, Denpasar, Bali, on Friday (10/12/2010) night.
On the other hand, China's economic growth this year with high enough expected to pass more than 10 percent, fixed exchange rate would weaken its currency, the yuan. "I think China is already quite comfortable with the conditions which now reached today," said Tony who is also Head of the Center for Economic and Public Policy Studies Gadjah Mada University.
With the achievement of China's economic growth rate high enough to be a threat to the U.S.. Economic growth in the country Bamboo Curtain was also projected to be even stronger in the coming years.
"Economic growth, foreign exchange reserves into China force to maintain the yuan exchange rate at a low rate," he said.
Although already been improved, the world crisis facing the European countries and the U.S. can not be resolved in practice. Economy of these countries would still be experiencing shocks. These conditions will certainly become a global issue that will affect inflation in 2011.
The threat of global crisis would have seriously affected the Indonesian economy in the coming year. The condition was not yet added to the problems faced by Indonesia in 2011 through the planned increase in fuel and electricity basic tariff (TDL).
"We face a big problem of internal and external exchange value of the war until the threat of global crisis, so that inflation could threaten our country," he said. (GoFinance)
In 2011 estimated number of countries in Europe and the United States (U.S.) would deliberately weaken its currency. Even the United States reportedly has made an extreme policy, by printing money worth $ 600 billion in 2010.
"No one can guarantee America will not print money anymore," said economic analyst Tony A Prasetiantono when a speaker in a seminar titled Ekonomic Outlook 2011, at the Hotel Sanur Beach, Denpasar, Bali, on Friday (10/12/2010) night.
On the other hand, China's economic growth this year with high enough expected to pass more than 10 percent, fixed exchange rate would weaken its currency, the yuan. "I think China is already quite comfortable with the conditions which now reached today," said Tony who is also Head of the Center for Economic and Public Policy Studies Gadjah Mada University.
With the achievement of China's economic growth rate high enough to be a threat to the U.S.. Economic growth in the country Bamboo Curtain was also projected to be even stronger in the coming years.
"Economic growth, foreign exchange reserves into China force to maintain the yuan exchange rate at a low rate," he said.
Although already been improved, the world crisis facing the European countries and the U.S. can not be resolved in practice. Economy of these countries would still be experiencing shocks. These conditions will certainly become a global issue that will affect inflation in 2011.
The threat of global crisis would have seriously affected the Indonesian economy in the coming year. The condition was not yet added to the problems faced by Indonesia in 2011 through the planned increase in fuel and electricity basic tariff (TDL).
"We face a big problem of internal and external exchange value of the war until the threat of global crisis, so that inflation could threaten our country," he said. (GoFinance)
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