TEMPO.CO, Jakarta - The government and Bank Indonesia (BI) target 2.5 to 4.5 percent inflation. The figure is an improvement compared to the inflation target in the last three years of around 3-5 percent. “It’s our challenge to put Indonesia at the same level with Southeast Asian nations,” BI Governor Agus Martowadojo said yesterday, July 27, in Jakarta.
Agus said that inflation is under control thanks to President Joko Widodo’s instructions and support by forming the inflation control team at the central and local governments. The team has made innovations and programs that have helped lower inflation rate. The government and the central bank, he said, will be taking three steps to meet the target.
Read: BI Keeps Inflation Target Below 4 Percent
Firstly, they will strengthen the legal basis and simplify coordination measures to control inflation. Secondly, strengthening the synergy in program planning and regional inflation control activities with the aim to meet the national inflation target.
Thirdly, developing information system and food price control coordination nationwide through the information center for national strategic food price. The information center will be focusing on ten commodities with 21 types that contribute to volatile food price inflation. The data will be collected and integrated surveys will be conducted in 164 traditional markets in 82 cities across Indonesia sample for consumer price index.
DESTRIANITA | DIKO OKTARA
