The Impact of Fuel Price Hike

By fuel price hike, the Indonesian government plans to provide a compensation fund related to meantime Direct Aid Society Fund, additional quota of rice for the poor, and the family hopes the program will be prepared by the Ministry of Social Welfare. These sounds very promising for the improvement in the Indonesian community economy,  but they forget about other things or negative impacts that would occur due to fuel price hike. Central Bank Of Indonesia said the increase in fuel prices will led to of at least 8.5% inflation, rising prices of basic commodities will certainly occur, which resulting decline in consumer purchasing power.

Rising transport prices surely occurs, increasing industrial production cost will take place, which resulted in possibility of employers will reduce the number of employees, surely will make unemployment rate will be higher, not to mention when the rise in labor costs caused the rising prices of basic commodities, which result many employers are choosing to close their business, and certainly would also increase the amount of unemployment and surely impact negatively on the improvement of the economy.

We Asia Africa Foundation really  hope the Indonesian government will think deeper, the negative impact of fuel price hike on economic conditions in Indonesia. moreover, the Direct Assistance Funds is only temporary.

http://www.washingtonpost.com/business/indonesia-expected-to-cut-fuel-subsidy-hiking-price-by-more-than-30-percent-amid-protests/2013/06/17/f5f9762e-d728-11e2-b418-9dfa095e125d_story.html

Dengan kenaikan harga BBM, pemerintah Indonesia merencanakan untuk memberikan dana kompensasi yang terkait dengan Bantuan Langsung Sementara Masyarakat, penambahan kuota beras miskin, dan program keluarga harapan akan disiapkan oleh Kementerian Kesejahteraan Sosial. hal ini terdengar sangat menjanjikan bagi peningkatan ekonomi masyarakat di Indonesia. tapi mereka melupakan hal-hal lainnya atau dampak negatif yang akan terjadi akibat kenaikan harga BBM. Bank Indonesia menyatakan kenaikan harga bahan bakar akan mengakibatkan terjadinya inflasi minimal 8,5%. kenaikan harga bahan pokok tentu akan terjadi, yang mengakibatkan turunnya daya beli masyarakat.

Kenaikan harga transportasi dan peningkatan biaya produksi industri akan terjadi, yang mengakibatkan kemungkinan para pengusaha akan mengurangi jumlah pegawai, dan akan membuat tingkat pengangguran akan semakin tinggi. belum lagi terjadinya permintaan kenaikan gaji buruh yang diakibatkan oleh kenaikan harga-harga bahan pokok . akibatnya mungkin banyak pengusaha yang memilih untuk menutup usahanya, hal ini tentunya juga akan menambah jumlah angka pengangguran dan pasti akan berdampak negatif kepada peningkatan ekonomi Indonesia.

Kami Asia Africa Foundation berharap Pemerintah Indonesia akan berfikir lebih dalam, dampak negatif  dari kenaikan harga bahan bakar pada kondisi ekonomi di Indonesia. terlebih lagi, dana bantuan langsung itu hanya sementara