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Government to launch new mercantile process package

Jakarta (ANTARA News) – The supervision will launch a new Economic Policy Package XVI on palliate of investments in Indonesia, forward of a 72nd Independence Day.

“The new process package will be announced before Aug 17, 2017,” Economy Coordinator Minister Darmin Nasution pronounced during a Presidential Palace in Jakarta on Tuesday.

According to him, a Economic Policy Package XVI would not indispensably be suggested during a Presidents inhabitant residence to a Parliament. “The residence usually covers vital issues, this is some-more technical,” he remarked.

He also stressed that a final 15 packages that were announced progressing had been implemented and were ongoing.

Darmin settled that a new process would pull investments and urge a mercantile growth in a second division of 2017.

“We will launch a large module to accelerate a investment program. All a permits compulsory during a executive and metropolitan turn will be accommodated in a singular model. This might be announced in a week, and it will be partial of a mercantile package,” Darmin revealed.

According to him, a vital charge of a supervision would be to revoke a products in a limited list.

“We will revoke a limitation list from 49 percent to 17 percent, though it is a outrageous charge and has to be finished gradually, maybe 20 percent during a time,” he noted.

Meanwhile, Darmin forked out that a stream debt was not incurred by a Joko Widodo supervision alone.

“Right now, a governments debt is Rp3,600 trillion; when a Jokowi supervision was sworn in, a debt was Rp2,700 trillion,” he said.

He settled that a seductiveness itself would strech 700 trillion in 3 years, so unless a supervision did something, a debt would boost to Rp3,400 trillion.

“Now, we have to make a choice; either to have a 3,600-trillion debt with growth or a 3,400-trillion debt but it,” he added.

He mentioned that a countrys debt position was safe, since it was being used for prolific projects, such as infrastructure building.

“The debt ratio shows the condition is safe, since it is reduce than other countries, such as Malaysia,” he emphasized.(*)

Article source: http://www.antaranews.com/en/news/112184/government-to-launch-new-economic-policy-package