Kamis, 14 Maret 2013

LAWMAKERS ask for price increases 12 kg LPG delayed 2014

Michael Augustine

DPR minta kenaikan harga elpiji 12 kg ditunda 2014

Sindonews.com -the House of representatives (DPR) rate this year is not the right time for PT Pertamina (Persero) to raise the price of liquefied petroleum gas 12 kg.

The reason, the increase in LPG 12 kg will trigger inflation, which was up 1.8 per cent at the beginning of this year. In addition, the community is already burdened with basic electricity rate increase (TDL).

"Don't this year, because this year we've upped the TDL. If another increase in LPG brushed 12 kg, it could trigger additional inflation rate above 1 percent, "said a member of the HOUSE of REPRESENTATIVES Commission VII, when the interviewed Bobby Rizaldi Sindonews at the Ministry of industry, Jakarta, Friday (13/3/2013).

According to Bobby, 12 kg LPG price hike will make the macro economy condition in Indonesia to be less good. Therefore, we recommend that you increase the price of liquefied petroleum gas 12 kg put on hold until 2014.

"Additional inflation rate above 1 percent that's not healthy for us in conditions of macro aggregates. So we do not ask now, "he said.

As reported previously, Pertamina still respect the Government decision banning 12 kg LPG prices offered up by March 2013, due to the situation of an economy that is still lacking support. However, Pertamina did not cancel the price hike plan 12 kg LPG, just put it off until the right momentum.

"We understood the concentrated Government, said Pak (Coordinating Minister for the economy) Hatta (Rajasa) is his less precise timings, we are evaluating the timing is just right. We are going to evaluate, "said VP Corporate Communication Pertamina, Ali Mundakir last week.

According to Ali, however the price of liquefied petroleum gas 12 kg have to ride. Braga 12 kg LPG instead of subsidies. If the price is not raised, Pertamina will continue to incur losses. In 2012 and Pertamina losers USD541 million or around Rp5 billion.

As is known, inflation in January 2013 reached 1.03 percent and 0.75 percent in February. This means that Indonesia's economy has experienced inflation amounted to 1.78 percent in just two months. In fact, the Government is targeting inflation of 2013 only 4.9 percent. In 2012 then, inflation of only 4.3 percent.

(izz)

Finance; Investment; Business; Economics



Finance; Investment; Business; Economics

Title Post: LAWMAKERS ask for price increases 12 kg LPG delayed 2014
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