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- Jusuf Kalla said “it
was the task of the government to convince any potential investors and it would face difficulty in convincing investors
if Freeport
had to leave the country.”
(Jusuf
Kalla mengatakan bahwa itu tugas pemerintah untuk meyakinkan setiap investor dan
dan berbagai potensial, dan Indonesia akan mengalami kesulitan dalam meyakinkan
investor jika Freeport meninggalkan negara ini.)
- “If
there was a need to exchange between US dollar and rupiah, it would be
settled within the same day.”
(Jika terdapat
kebutuhan untuk menukar dolar Amerika dan Rupiah, hal tersebut akan
diselesaikan dalam hari yang sama.)
- “Islamic
banks can boost their assets if they get a
capital injection.”
“The banks will be left behind if
they only rely on organic growth,” Guntur said.”
(Bank Islam dapat
dapat meningkatkan aset mereka, kalau saja mereka mendapatkan suntikan modal.)
(Bank syariah
tersebut akan ditinggalkan oleh konsumen jika mereka hanya mengandalkan
pertumbuhan organik.”
- Anton
said that “the
market would understand if the government were able to
prove that the debt would help fund local infrastructure.”
(Anton menyebutkan
bahwa pasar akan mengerti jika pemerintah mampu membuktikan bahwa hutang akan
membantu dana infrastruktur lokal.)
- “If we cannot hold back the
inflation rate, it will create a less-competitive climate and the interest
rate is hard to cut,” he said.
(Jika kita tidak bisa menahan laju inflasi, hal tersebut
akan menciptakan iklim yang kurang kompetitif dan tingkat suku bunga sulit
untuk diturunkan.)
- “Everybody
is equal. If they have not paid their tax
obligations, we will make them pay,” Jokowi said.
(Setiap orang
adalah sama. Jika mereka belum juga membayarkan kewajiban pajaknya, kita akan
memaksa mereka untuk membayar.)
Rupiah becomes mandatory in oil, gas transactions
The government has stipulated the mandatory use of
the rupiah in oil and gas–related transactions, after nine months of delay for
settling technicalities.Before implementing the measure, the Upstream Oil and
Gas Special Task Force (SKK Migas) had to classify which transactions to list
in Category 1 (obligatory use of rupiah in quotation and payment) and which in
Category 3 (optional use of the national currency either partially or both in
quotation and payment).
"Transactions such as office rental and salary
payment are Category 1, all Rupiah. But for transactions like leasing
equipment, if it is still imported and using high technology, the quotation can
be in foreign exchange, but the payment must be in Rupiah," SKK Migas’
risk and division head Muhammad Hatta Filsafawan told thejakartapost.com on
Thursday.He explained that Bank Indonesia (BI) had provided a decade-long grace
period for Category 3 transactions. After 10 years, all transactions in
Category 3 must use rupiah for both the quotation and the payment.
"But there is a permanent exception for
transactions that directly affect the government budget (APBN), such as oil
trading. Foreign currencies are allowed to be used for trading oil, both in the
quotation and the payment," Hatta said.
The
Jakarta Interbank Spot Dollar Rate (JISDOR) had been chosen as the reference
quotation, with zero spread, he explained. If there was a need to exchange
between US dollar and rupiah, it would be settled within the same day.
"But to speed up the process, we encourage the
contractors [K3S] and vendors [K3S suppliers] to open accounts with the same
bank," Hatta said.
SKK Migas Deputy of Business Control and Support
Rudianto Rimbono added that the agency and 14 vendors, including Chevron,
Pertamina, Medco, ConocoPhillips and Petrochina, were in the process of building
a Centralized Integrated Vendor Database (CIVD).
"The CIVD makes vendor registration more
efficient. Vendors only need to register in one of them to have them registered
with all 14 K3S," he said, adding that it would provide information on
tenders and projects as well as vendor data on one website.
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