Minister lists 9 inflation control measures for regions

Home Affairs Minister Muhammad Tito Karnavian on Monday listed nine key measures for controlling inflation at the regional level.

“The nine measures can serve as a guide for regions to control inflation,” he said here.

According to the minister, the first step is monitoring prices and stocks to ensure their availability, followed by holding a technical meeting of the regional inflation control task force (TPID).

“Because (controlling inflation) is impossible to be done by the regional government alone, (but this effort) involves Bank Indonesia, Statistics Indonesia, then the National Defense Force, National Police, distributors, and others,” he said.

The next step is maintaining the supply of basic commodities and key goods, he added. Then, pursuing the initiative to plant commodities such as shallots, chilies, and so on.

Yet another effort is carrying out low-cost market operations with the relevant agencies, he said. The regional governments and regional inflation control task forces can also inspect markets and distributors so that they do not hoard or withhold goods, he added.

Then, regional administrations need to coordinate with commodity-producing regions to ensure smooth supply, he said.

“Then, you can also carry out budget instruments, like (unexpected spending) and social assistance. Also, transportation assistance from the regional budget; there are two percent of the general transfer funds allocated by the Finance Ministry for the regions. This is so that general allocation funds and profit-sharing funds can control inflation,” Karnavian explained.

 

Source: Antara News