Coordinating Minister for the Economy Hatta Rajasa said, socialization redenomination or simplifying fractions rupiah value should be ripe because many people do not understand.

Hatta Rajasa

Coordinating Minister for the Economy Hatta Rajasa said, socialization redenomination or simplifying fractions rupiah value should be ripe because many people do not understand.


There are still a lot of people we do not understand what it redenomination. Do not be regarded as sanering or cutting the value of money, it's not good because it can cause distortion.
- Hatta Rajasa

"Many of our people do not understand what it redenomination. Avoid or cut sanering considered value for money. Was not good because it can cause distortion," said Hatta, in Sidoarjo, East Java, on Sunday (27/01/2013).

Hatta said the government would not be reckless launched redenomination without socialization mature. For, if the redenomination fails, it can bring out the impact of inflation.

"There are countries that successfully implement (simplicity), but there is also a failed state and even cause inflation. We certainly do not want to fail, so be careful," said Hatta.

Redenomination was initiated by the government and Bank Indonesia is the rupiah fraction simplification by eliminating the last three digits without altering the exchange rate. For example, the fraction will be reimbursed Rp 10,000 Rp 10.