Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Giving Gas to Inflation
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Giving Gas to Inflation

New Policies on Subsidized Fuel May threaten Baliís Plans to Keep Inflation Below 4.5%


Bali News: Bali, Indonesia, rate of inflation, Dwi Pranoto, Bank Indonesia, Gede Suarsa, Bali Statistics Bureau, Regional Coordination Team for the Control of Inflation, TKPID
Click Image to Enlarge

(7/29/2012)

Bali remains optimistic that the rate of the inflation for the island through the end of 2012 will remain at approximately 4.32%, somewhat lower than the 4.5% projected in the official provincial budget. Economist warn, however, that the rate of inflation could suddenly soar as a results of the government's plans to reduce the use of subsidized fuel.

I Gede Suarsa, chief of the Bali Statistic Bureau, see the rate of inflation during the first half of 2012 as “moderate.” The second half of 2012 may suffer inflationary influences resulting from increases in prices for basic commodities, religious holidays and year-end holiday celebrations.

As a member of the Regional Coordination Team for the Control of Inflation (TKPID), Suarsa said the team would work to keep the cumulative rate of inflation within plus or minus 4.5%.

The head of the Bali branch of Bank Indonesia, Dwi Pranoto, warned that while inflation in Bali remains relatively low, a potential exists for spikes in prices resulting from prices administered by the government. Chief among these is the price of fuel at the pumps and government plans to ban red-plated vehicles (official vehicles) from buying subsidized fuel beginning in August.
 


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Bali Still in Fashion
Bali by the Numbers: No Sign of an Australian Boycott as Baliís Arrival Figures for February Increase 21%
(3/22/2015)
Nyepi Takes a Toll on Tolls
Bali Toll Road Estimated to Have Cost US$24,000 in Toll Fees Due to Nyepi Closure
(3/22/2015)
Whirlybird, Whirlybird, Where are You?
Bali Waiting for 2 Helicopters for Search and Rescue Operations
(3/22/2015)
Nyepi for the World
In a Tradition Unique to Bali, an Entire Island Suspends All Activity on ĎNyepií for 24-Hours to Celebrate The Bali-Hindu New Year
(3/22/2015)
Less than 3 Months to BBTF 2015
President Joko Widodo to Host Welcoming Dinner for Those Attending Bali & Beyond Travel Fair June 10-14, 2015
(3/22/2015)
Cleared of Landings and Takeoffs
422 Domestic and International Flights Cancelled in Bali During Nyepi Ė Baliís Day of Silence
(3/22/2015)
Reduced Thirst for Power
PLN-Bali Report Significant Drop in Electrical Power Demand During Nyepi Celebrations
(3/22/2015)
When Good Friday Gets Even Better
Local and International Artists to Auction Art to Educate Balinese Children on Good Friday, April 3, 2015
(3/22/2015)
Our Islands Arenít Moveable
West Nusa Tenggara Governor Says ĎNoĒ to Plans to Mine Sand from West Lombok to Reclaim Baliís Benoa Bay
(3/22/2015)
Birth Behind Bars
Chicago Teenager in Jail and on Trial for Murder in Bali Gives Birth to a Baby Girls
(3/22/2015)
Quantity Before Quality
Tourism Expert Warns More Tourists Does not Guarantee Proportionate Rise in Tourism Expenditures
(3/22/2015)
Giving Young Indonesians the Business
Entrepreneurship Expo to be Held in Bali April 9-13, 2015
(3/22/2015)
All [News]!