Rabu, 01 Mei 2013

Government focus due to commodity price inflation

Finance Info-Coordinating Minister for Economy Hatta Rajasa pleaded before the focus on controlling inflation from the reduction of subsidies on fuel oil (FUEL), the Government will first focus on inflation due to commodity prices.


"Of course there will be inflation (from rising fuel prices), we would anticipate. But first we are now used to control the inflation of food, that we keep meat, horticulture don't bobbing again like yesterday, and we should also keep the rice, "he said at the hotel Bidakara, Jakarta, Friday (30/4/2013).


Concerning the compensation fund for the poor, Hatta claimed will discuss with PARLIAMENT because of the budget can only be issued with the approval of the House.


"Because it concerns the budget should be discussed with the HOUSE of REPRESENTATIVES. It was the domain of the House. We could not raise fuel prices without protecting the poor, "he said.


He compared the scene this year with the 2005 where the number of poor people increased because of rising fuel prices. "The experience in 2005, poverty is rising to 17 percent because of rising fuel prices. That experience so the lesson is, we don't want the poor exposed and we should protect them, "pungkasnya.

(gpr)


Finance; Investment; Business; Economics




Finance; Investment; Business; Economics

Title Post: Government focus due to commodity price inflation
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Author: Mohammad Zulfi Satriawan

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