Jakarta, Aktual.com – Changes in assumptions macro-economic indicators in the State Budget (APBN) in 2016, was far from the target.
Because the development of the current economic conditions, differ greatly from the 2016 budget assumptions, the most obvious of course related to the drop in crude oil prices. To that end, the Budget Agency (Banggar) Parliament demanded the government to be able to carefully draw up the state budget changes 2016 later.
“Therefore, I hope, the proposal of the revised budget in July, the government must be completely prepared and meticulously,” said Vice Chairman Banggar, Said Abdullah after official meeting Banggar with the Finance Minister, Bambang Brodjonegoro at the Parliament Building, Jakarta, Wednesday (17/2).
According to Said, the urgent need to revise the budget is based on the fact that a number of macro assumptions are set in the state budget this year has fallen well short of forecasts. Because of that, he asked the government to be careful in delivering the 2016 Revised State Budget in July.
“This time, official meeting as a warning for the government. But do not rush like chasing the target (in the budget submission). so, it is expected the proposed revision of the state budget in 2016 has been entered into Banggar in July 2016,” said a member of Commission XI of the House.
Related to oil prices, clearly Said, in recent months encounter a significant decline. Currently the price of oil was at 30 dollars per barell. This figure has been the lowest in the last 10 years.
“In the Law on State Budget 2016, the government set assuming the Indonesian Crude Price (ICP) at US $ 50 per barrel. Currently the price of oil in the global market of about US $ 30 per barrel. Very far from the initial assumptions,” he asserted.
He hopes the change assuming it to be a precaution that is geared to ensuring the consistency of national economic growth.
So it is important, given the state of the world economy is experiencing turbulence, although the condition of the national economy in the fourth quarter / 2015 is quite favorable in the range of 5.04%.
“The United States along with the European Union, Japan and Singapore is Indonesia’s biggest export market. But with the economic slowdown in these countries, it is the impact on the national economy. It must be anticipated,” he suggested.
Data from the Central Statistics Agency (BPS), Indonesia’s export value in January 2016 reached US $ 10.50 billion, down 11.88 percent compared to December 2015. Likewise exports compared to January 2015 decreased 20.72 percent.
Non-oil exports to the US in January 2016 reached the largest number of US $ 1.23 billion, followed by Japan with US $ 1.04 billion and China US $ 0.89 billion, with the contribution of three reached 33.64 percent. While exports to the European Union (27 countries) amounted to US $ 1.16 billion.
When asked why the government has delayed the discussion of the revised budget 2016 awaiting legalization draft bill on Tax Amnesty, Said hopes that the discussion of this bill quickly completed in the House.
He believes that the draft bill may be an additional driving force for national economic growth in 2016. if draft bill is already finished, I am sure, our economy will go faster,” hopes Members of Parliament from the PDIP faction.
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