Fixed scale assumption, but There is a note from the PDI-P

There was no change in the assumptions related to macro-changes in the Draft State Budget 2012 delivered at the plenary session of the House of Representatives, Friday (03/30/2012) this afternoon. Only, the PDI-P Party have inflation related records.

In the meeting, Chairman of the Budget, Melchias Mekeng Mark, said the economic growth assumptions in the 2012 Revised State Budget was 6.5 percent, inflation of 6.8 percent, the exchange rate of U.S. dollar against the rupiah at Rp 9,000. "The interest rate on 3-month SBN-2012 in the draft budget by 5 percent, 5 percent of the deal," said Melchias in his presentation at the plenary session of Parliament, Friday (30/03/2012).

Assumptions regarding the average price of Indonesian crude oil (ICP) established 105 U.S. dollars per barrel. Melchias also mentioned, ready to sell crude oil production (lifting) of 930 000 barrels per day. However, he also mentioned that FP has a record of PDI-related inflation.

The party is giving minderheit memorandum. "PDI-P faction gives minderheit memorandum can not determine what level of inflation in the macro assumptions REVISED 2012 because the government does not provide a comprehensive and in-depth discussion on the Budget Board meeting, so it can be considered in the decision-making Board Budget Meeting," lid Melchias.