Indonesian parliament agrees with 2014 budget
The Indonesian Parliament on October 25 approved the 2014 state budget proposed by the government
The Indonesian Parliament on October 25 approved the 2014 state budget proposed by the government.
The legislators at the parliament also approved other goals, including a growth rate at 6 percent, inflation rate at 5.5 percent, and rupiah exchange rate per 1 U.S. dollar at 10,500.
Finance Minister Chatib Basri said in the plenary assembly that the 2014 budget shows the government's seriousness in addressing current deficit.
He said the 6 percent growth rate is the most appropriate and feasible rate at a time when the global economy is still facing many difficulties and risks.
In 2014, the Indonesian government will still maintain its energy subsidy policy while giving 20.2 percent of the state spending to education.-VNA
The legislators at the parliament also approved other goals, including a growth rate at 6 percent, inflation rate at 5.5 percent, and rupiah exchange rate per 1 U.S. dollar at 10,500.
Finance Minister Chatib Basri said in the plenary assembly that the 2014 budget shows the government's seriousness in addressing current deficit.
He said the 6 percent growth rate is the most appropriate and feasible rate at a time when the global economy is still facing many difficulties and risks.
In 2014, the Indonesian government will still maintain its energy subsidy policy while giving 20.2 percent of the state spending to education.-VNA
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