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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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The contractive budget plan

  • The Jakarta Post

| Tue, August 4 2009 | 08:51 am

PREMIUM With inflation estimated at around 5 percent throughout this year, the Rp 1,009.4 trillion (US$100.9 billion) budget plan for 2010 submitted Monday by President Susilo Bambang Yudhoyono to parliament is quite contractive, representing as it does a nominal increase of a mere 0.4 percent over the current fiscal year.Yet a more negative impact on the domestic consumption is the fact that almost 47 pe...