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Infrastructure Development To Suppress Inflation Rate

by Jonathan Cohen Friday, July 27, 2018 - 11:52

Jakarta - The acceleration of infrastructure development is the theme discussed in the National Coordination Meeting (Rakornas) of Regional Inflation Control Team (TPID) this year. Infrastructure availability is expected to create price stability also inclusive, quality economic growth.

"We hope that commitment and support to the government’s infrastructure development agenda both central and regional will become stronger through acceleration and optimization of its utilization," said Bank Indonesia (BI) Governor Perry Warjiyo in Jakarta, Thursday (26/7/2018), as reported by finance.detik.com.

Meanwhile, a number of external and domestic challenges has become a concern in reducing the inflation rate. Therefore, this forum will focus to answer some big questions.

First is how to accelerate the development of agricultural infrastructure, connectivity and land acquisition processes in the region.

"The central government program to build agricultural infrastructure and food distribution infrastructure needs to be further empowered in the region including by optimizing the Village Fund Allocation 2018," Perry said.

Secondly, how to increase trade cooperation between regions so that the inflation difference between regions in Indonesia decreases. Initiation of various ways of conducting trade cooperation in the context of inter-timber food stock management needs to be improved.

Third, how to use information technology to strengthen the availability of food data and information. In this context, strengthening the accuracy of production data and food stocks is a top priority to support the effectiveness of policy formulation.

Fourth, how to strengthen the signal between central and regional policy. This is very important considering that the central government's infrastructure development policy needs to be supported by the regional government in order to be more beneficial to the people.

"In addition to strengthening the Cluster program, BI continues to encourage inter-regional trade cooperation in the development of agricultural product marketing centers through e-commerce and expand the implementation of leading food cluster downstream," Perry concluded.

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