Bracing for Inflation
Monday, 12 September 2022
President Joko Widodo is using all means to mitigate inflation after an increase in fuel prices. The regions are setting aside some of their general allocation fund and contingency fund for social assistance and subsidy.
A WEST Java Regional Council plenary hearing in Bandung on the afternoon of Monday, September 5, had just been completed. West Java Governor Ridwan Kamil had already submitted a general budget policy (KUA) and a temporary budget ceiling priority (PPAS), which became the revised 2022 Regional Budget.
But an instruction from Jakarta arrived. President Joko Widodo instructed all regional heads to allocate two percent of their general allocation fun...
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