Meet the Mic & Mac Eco

JAKARTA - The total government debt has reached 25.8 percent in GDP jumped Rp1.617 trillion, in which 62.6 percent or Rp1.012 trillion in SBN and Rp605, 1 trillion came from loans.

"Compared with the year 2005, government debt increased by 23.2 percent or a total of Rp304, 1 trillion. SBN high yield 10-11 per cent, the debt is more expensive than the current loan rate LN-four percent," said House Budget Chairman Harry Azhar Azis, RI in the dialog Political Economy, Budget-P 2010: Commitment to Economic Development, Building BPPT, Jakarta, Monday (5/4/2010).

"Although SBN cheaper than commercial, the debt burden should remain tragically SBN. Full, see SBN outstanding, SBI 3 months, or publication of the coupon yield, exchange rate, and composition of publicity," he said.

Ability of government debt to 30 percent, he said, the scenario does not need long-term deficit and not to raise the economic burden in the future.

"Setting the maturity date, tightening of implementation, cost-benefit for a productive debt, not into the pitfalls of debt," he said.

Meanwhile, the change in revenue deficit financing, grants and total expenditure deficit increased from Rp98 trillion (1.6 percent of GDP), so Rp129, 8 trillion (2.1 percent of GDP). "This is a government proposal," he said.

Meanwhile, the deficit reached Rp129, 8 trillion (APBN-P in 2010) means an increase of Rp31, 8 trillion, equivalent to 32.5 percent, compared with the 2010 state budget. "This is financed from non-debt sources of financing and debt financing Rp106 trillion to Rp23, 8 trillion," he said.

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