BANDUNG-West Java Provincial Government allocates a budget of Rp 10 to 20 billion per year for cheap market operation subsidies to maintain staple prices of basic needs.
"The absorption of the budget in the framework of the implementation of the Cheap Market Operation shows an increasing trend, it shows the greater public interest in the implementation of Cheap Market Operation," said Secretary of West Java Iwa Karniwa when giving a speech at the Coordination Meeting of Basic Needs Facing National Religious Days 1438 Hijri / 2017 AD, in Bandung, Thursday (4/5)
Iwa said that the other efforts that we implemented in the framework of price stabilization are the implementation of the cheap market / Ramadan bazaar which is held in Gedung Sate's yard, in several Bandung sub-districts and in the cities/regencies involving Association of Indonesian Retail Entrepreneurs (Aprindo) of West Java and in cooperation with PT Indonesian Trading Company (PT PPI) in the implementation of sugar market operations in several regencies / cities in West Java.
"I call on all development stakeholders at both the provincial and city/regency levels to continue to work closely together and synergize and inspire the spirit of building, the spirit of togetherness, the spirit of advancement and putting forward pioneering in the implementation of development solutions that are breakthroughs according to the demands of the times, to bring High competitiveness of West Java and increased welfare for all people of West Java, "said Iwa.
According to Iwa, the economy of West Java in the year 2016 grew 5.67 percent increase compared to the Year 2015 of 5.04 percent and on the Production side, the highest growth achieved by Business Information Field and Communications of 14.27 percent.
"In terms of the highest growth expenditure achieved by the Household Consumption Spending Components (RKT) of 5.60 percent.As released by the Central Bureau of Statistics (BPS) that the year to date calendar year (January-April 2017) inflation rate of 1.38 Percent and inflation rate from year to year "year on year" (April 2017 to April 2016) was recorded at 3.92 percent, "he concluded. (Even)