People’s Taxes To Rise Allocation of The Officer Car Allowance

Joko Widodo signed a Presidential Regulation which raise the facilities allowance a down payment for the purchase of individual cars for State officials. Allowance to IDR 210,890 million, from the previous IDR 116,650 million. The increase is due to the old provision was not assessed in accordance with the increase in the prices of motor vehicles today. Allowance of IDR 116,650 million published based on PP No. 68/2010 about giving cash advance Facilities To State Officials for the purchase of individual vehicles. For that reason, Jokowi on March 20, 2015…

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High Capital Inflow, Why Rupiah Collapsed

Not only the performance of the economic team of Jokowi-JK cabinet who got the spotlight, similar thing also happens at the central bank. Exchange rates collapse of Rupiah is still above the level of IDR 13,000 per USD is assessed as a failure of Bank Indonesia to keep monetary conditions within the country. Bank Indonesia accused slowly overcome the weakening of the Rupiah. Economist IPB and Megawati Institute, Imam Sugema said the Governor of Bank Indonesia, Agus Martowardojo should resign for failure to maintain the stability of the exchange rate…

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