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
Dietzsch to Enrich Dining in Westin Nusa Dua
German Alex Dietzsch to Head Food and Beverage at The Westin Resort Nusa Dua
(1/25/2015)
Higher Level of Consumer Protection Needed
Indonesia Consumer Protection Foundation Says Strong Sanctions Needed for Errant Airlines
(1/25/2015)
Revolusi Mental: Drivers Licenses in Bali
Revolusi Mental: A Small Change in Driver License Rules Would Make a Big Difference in the Daily Life of Many Bali Visitors
(1/25/2015)
Paris Comes to Bali
Paris Hilton Tweets her Arrival Details to Bali
(1/25/2015)
2014: The Year that Was
Bali by the Numbers: Bali Ends 2014 with Record High 3.76 million Foreign Visitors
(1/25/2015)
The Sky Knows No Limit
Employees Accuse Sky Garden in Kuta of Tax Manipulation
(1/25/2015)
Best if Not Shot in Bali
Bali Governor Says He Prefers Execution of Bali Nine Members be Done Outside of Bali
(1/25/2015)
Seeking 20 Million Tourist Visitors
Government Must Keep its Promise to Increase Tourism Promotional Budget to US$100 million
(1/24/2015)
Home Alone
87-year-old German Woman Margaretta Falkenberg Dies at Villa in Tabanan, Bali
(1/24/2015)
Keeping Landings Happy
Surabaya Emergency Runway Repairs Cause Flight Diversions to Bali
(1/24/2015)
Bali to Regulate Hotel Tariffs
Governor Proposes Price Regulation of Bali Hotels to End Room Rate War
(1/24/2015)
English as the Key to Success
Bali Governor Wants All Senior Provincial Employees to be English Proficient.
(1/24/2015)
All [News]!