The President said he had no intention to raise fuel prices to market prices or keekonomian that reached Rp 10,000 per liter. With this policy, continued the President, fiscal and BUDGET will be healthy, the economy became more secure in the midst of a recession, economic security is maintained, more cost for the people's welfare and build infrastructure, and the subsidies will be more just and right on target.
The President revealed, when there is no increase in the price of fuel, the total subsidies in the STATE BUDGET will be increased to Rp 446,8 trillion, with subsidies of FUEL reached Rp 297,7 trillion and the deficit will be $ 353,6 trillion, or 3.83 per cent of gross domestic product of Indonesia. Now, in 2013, the country's STATE BUDGET revenues reached Rp 1,484 .7 trillion with the State spending $ 1.683 trillion and Rp 150,3 trillion or deficit of 1.65 per cent of GDP. While the total subsidy funds reached Rp 317,2 trillion, with subsidies of FUEL reached Rp 193,8 trillion.
' If there is no improvement, these subsidies are not controlled. The total subsidy would be swollen to Rp 446,8 trillion. Imagine receiving a total of Rp 1,500 trillion for subsidies to Rp 446,8 trillion already with FUEL subsidies reached Rp 297,7 trillion, ' said the President.
However, regarding the increase in fuel prices, according to the President, was when the compensation fund for the community is ready. This should be discussed in advance with the House.
Source : kompas.com
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