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Saturday, January 25, 2014

Menko : Although Disruptive Trading Performance , Flooding Not Interfere Economic Growth Target



Menko : Although Disruptive Trading Performance , Flooding Not Interfere Economic Growth Target

Coordinating Minister Hatta Rajasa said the floods would not disrupt economic growth targets . Meanwhile, according to the head of BPS , Suryamin , if the government does not immediately address the distribution of food , fear of high inflation in January 2014 .

 Flooding in Jakarta and surrounding areas as well as in other areas , already into the third week . When the flood had begun to disturb the economy , ranging from no operation of the various trading centers to the disruption of food distribution .

Paralysis of trade various kinds of goods such as electronics , clothing and food and drinks for a few muffled flooding the trade center , making the traders complain . Society as consumers also difficult to get a variety of needs . Even these days , the prices of various food needs rose by 50 percent from the original price because of delays in distribution , especially the north shore or coast path is impassable due to flooding .

However, to the press on Friday , Coordinating Minister Hatta Rajasa said , although the government recognizes the performance trade disrupted due to flooding , and is predicted to last until normal weather , the condition does not interfere with economic growth targets .

" Flooding is certainly in the short term it will disturb but I 'm sure not going to make our economy so dropped , of course not , we maintain our economic growth around 6 percent according to our budget , " said Coordinating Minister Hatta Rajasa .

On a different occasion , the Head of BPS , Suryamin said the government should be able to cope with food distribution by finding an alternative to overland. He reminded the possibility of high inflation in January 2014 , triggered by the limited food supply so prices rose . Rice according to him should be a priority of the government to smooth the distribution . He explained that , if the price of rice rose usually be followed by increase in prices of various other needs .

2014 inflation target of about 6 percent , but warned BPS January inflation was 1.03 percent last year due to flooding . The January inflation according to the BPS is the largest contribution to the inflation target of 5.8 percent in 2013 originally revised to 7.2 per cent was not achieved . 2013 inflation was 8.38 percent .

While the 2014 economic growth target in the range of 5.8 percent to 6.2 percent .

In addition due to flooding , the possibility of not achieving the target inflation and economic growth dikhwatirkan observers and businessmen , as well as triggered by the increase in LPG and electricity tariff hikes or TDL . | VOA

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