Jakarta (Antara Bali) - President Susilo Bambang Yudhoyono said the revised 2012 budget is still relatively maintained and safe although the government's proposal to cut the fuel subsidy was not approved.
"The revised 2012 budget is maintained and relatively safe although there is homework to keep maintaining sand safeguarding it," he said in his explanation of the posture of the revised 2012 budget at the palace on Saturday evening.
President Yudhoyono did not deny that if problems and pressures arose in the future it was not impossible they would affect the budget and fiscal conditions.
He referred as examples soaring crude price and weakening of the exchange rate of the rupiah or rising inflation caused by global factors and others.
In view of that he emphasized the need to maintain the budget deficit to remain within a reasonable limit and to not surpass the level set by the law.(IGT)
COPYRIGHT © ANTARA News Bali 2012
"The revised 2012 budget is maintained and relatively safe although there is homework to keep maintaining sand safeguarding it," he said in his explanation of the posture of the revised 2012 budget at the palace on Saturday evening.
President Yudhoyono did not deny that if problems and pressures arose in the future it was not impossible they would affect the budget and fiscal conditions.
He referred as examples soaring crude price and weakening of the exchange rate of the rupiah or rising inflation caused by global factors and others.
In view of that he emphasized the need to maintain the budget deficit to remain within a reasonable limit and to not surpass the level set by the law.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2012