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Home News Oil & Gas BPS Believe Century Case No Influence Economy
BPS Believe Century Case No Influence Economy PDF Print E-mail
Friday, 04 December 2009 09:49

Jakarta - Head of the Central Statistics Agency (BPS) Rusman Heriawan said it believed the case did not affect Century economy, because the Indonesian economy has grown.

"Our economy has grown, the political go ahead, the economy is also a way, the demos, which activities, so I'm sure no effect," he said in Jakarta on Wednesday.

He explained for the case of Century does not make political social upheaval and still in the corridor of constitutional, minimal impact on the economy.

"The important thing the government should not be hostage, if it dragged on too long may also be influential," he said.

Economic observers from the University of Gadjah Mada (UGM) Sri Adiningsih also expressed concern if the case dragged century.

According to him, if the case will drag on the energy drain in developing countries, and on the other side of the trigger tension. As a result the risk of increased social and political impact of infrastructure investments in particular sectors.

"The momentum is gone, 100 days also was gone, do not let the old hostage. In particular the impact on infrastructure development, as in Indonesia, many rely on" public private partnership "(private government cooperation), because if not quickly resolved what legal certainty especially when the temperature increasing socio-political, "he said.

With the increased political risk, possibly to the front to make the yield of debt securities issued by government and private sector will also increase. This will make the flower also be difficult to come down.

He said, the high yield debt securities currently Indonesia has made the movement of the flow of funds from banks to government securities instruments (SUN) or "crowding out".

As a result, according to him, making difficult banks lowered interest third-party funds, which in turn is also difficult to make mortgage interest falls .(*)( AFP)

 
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