Related News
Jakarta (ANTARA News) - Finance Minister Sri Mulyani Indrawati gave the assurance on Friday that a 15 percent rise in the basic power rate effective July would have no impact on the 2010 inflation rate.

"This year`s inflation (has already included an increase in the basic power rate). We will discuss the planned power rate hike with the House of Representatives," she said after a coordination meeting at the Coordinating Ministry for Economic Affairs here.

In the draft of the revised 2010 state budget the government has raised the assumed inflation rate to 5.7 percent from 5 percent previously.

National Development Planning Minister/Head of the National Development Planning Agency (Bappenas) Armida S. Alisjahbana said the projected 5.7 inflation rate had already considered additional inflation from the planned power rate hike.

"So there will be no additional inflation. I think the fiannce minister has already included it (in the draft of the revised 2010 state budget)," Armida said.

Head of the Central Statistics Agency (BPS) Rusman Heriawan said earlier the power rate hike, if realized, would contribute 0.36 percent to the 2010 inflation rate.

"As I have said if the power rate is to be raised in July and the hike is to affect all classes of subscribers it will contribute about 0.36 percent to the inflation," he said. (*)

Editor: B Kunto Wibisono
COPYRIGHT © 2012

Comment
Send Comment