2016, Turning Point Economic Recovery
JAKARTA, KOMPAS.com-Year 2016 is expected to be a turning point in national economic recovery. Things that are fundamental been prepared throughout 2015.
According to the President Joko Widodo, Indonesia to meet the challenges and opportunities in 2016. Valuable experience throughout 2015 to valuable capital to face new challenges in the year ahead.
"This year
the government has built a strong foundation in the politics of the budget. The
government has also transferred fuel subsidies for programs that benefit the
people. What is important, the government has changed course development into
Indonesia centric, not Java-centric, which is begin construction of leading and
lagging regions, "said President Joko Widodo while chairing a plenary
cabinet meeting on Wednesday (23/12/2015), at the Presidential Office in
Jakarta.
In 2015, the
president said, Indonesia is facing the impact of the world economic slowdown,
commodity prices fall, forest fires and peat land, as well as the rupiah
slumped.
However, the
challenge can be bypassed by either. The government is able to achieve
important milestones, such as the accelerated development of highway and
railway construction airport.
Separately, a
senior economist Kenta Institute, Eric Alexander Sugandi, said in 2015 to be
the year of consolidation for government Joko Widodo-Jusuf Kalla. Some inroads
have been made although not optimal due to the ongoing slowdown in economic
growth.
"This year
the right direction, ie, deregulation, fiscal reform and the budget also
conducted, among others, changing the allocation of subsidized fuel oil. It is
a great impact on the budget," Eric said in Jakarta on Friday.
The President
said he has ordered that the budget delegated to the ministries and state
institutions be realized in early 2016 to maintain the momentum of economic growth.
"Once
again I have asked the ministers, especially the huge funds allocated from the
state budget, should accelerate the absorption of the budget in early 2016 to
maintain the momentum of economic growth. Thus, economic growth in 2016 are in
accordance with the conditions that we have planned, about 5.3 percent,
"the president said.
Focus
Going forward, the government remains focused on the important indicators such as economic growth, inflation control, poverty alleviation, employment, and overcoming unemployment and pressing economic inequality.
After the last plenary cabinet meeting in 2015, the Cabinet Secretary Pramono Agung said that the president would continue the deregulation package. Up to now, there are eight packages of government economic policy. The Ministry of Economic Affairs was asked to prepare a package of deregulation throughout 2016.
"In principle, the government set up a deregulation package is good so that made investors comfortable investing in the long term," said Pramono.
Focus
Going forward, the government remains focused on the important indicators such as economic growth, inflation control, poverty alleviation, employment, and overcoming unemployment and pressing economic inequality.
After the last plenary cabinet meeting in 2015, the Cabinet Secretary Pramono Agung said that the president would continue the deregulation package. Up to now, there are eight packages of government economic policy. The Ministry of Economic Affairs was asked to prepare a package of deregulation throughout 2016.
"In principle, the government set up a deregulation package is good so that made investors comfortable investing in the long term," said Pramono.
Coordinating
Minister for Economic Affairs Nasution said that one focus of attention of the
government is to simplify 42,000 rules that hinder investment climate.
Regulation was not only related to the central government, but also the
simplification of the rules at the local level.
According to
Eric, the government may boost infrastructure development in 2016. It is
supported by a consistent long-term strategy, in the form of structural
transformation.
However, Eric
also reminded that the implementation of the 2016 state budget should be more
realistic. Budget changes will be discussed at the beginning of next year
should reflect the real situation, for example related state revenues.
"Indonesia's
economic fundamentals are not too bad. The economic growth of 5.2 per cent
could be achieved in 2016," he said.
In the macro assumptions Budget 2016 economic growth target of 5.3 percent with 4.7 percent inflation. The rupiah exchange rate of Rp 13,900 per US dollar. (NDY / S)
In the macro assumptions Budget 2016 economic growth target of 5.3 percent with 4.7 percent inflation. The rupiah exchange rate of Rp 13,900 per US dollar. (NDY / S)
Opinion:
In my opinion, the government must remain focused on important economic indicators such as economic growth, inflation control, poverty alleviation, employment, and overcoming unemployment and pressing economic inequality. The President also had to prepare a package of economic policies that matured that the Indonesian economy remains stable for 2016.
Camelia Warda Permasih
21213844
3EB09
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