Sri Mulyani Opens Her Voice About The Broken Inflation, This Is What She Said

JAKARTA - Minister of Finance (Menkeu) Sri Mulyani gave the latest information about the inflation rate which continues to increase.

According to Sri Mulyani, this is caused by several macroeconomic factors that are currently happening.

This was conveyed by the state treasurer when attending a working meeting with the DPR Banggar regarding the realization of the first semester of 2022 APBN.

"We understand that this inflation is largely due to a disrupted supply side, but also because the demand side and economic recovery have also contributed," he said at the Senayan Parliament Complex, Jakarta, Friday, July 1.

The Minister of Finance explained that the government will optimize the function of fiscal instruments in reducing the rate of inflation.

Even so, he revealed that state financial tools cannot run alone and need to be supported by Bank Indonesia's strategic policies in stabilizing macroeconomic turmoil.

"The central bank is now a resource player who will be very decisive in terms of prices. With an increase in inflation, the most necessary response is monetary and fiscal policy (in rhythm)," he said.

The Minister of Finance hopes that this strategy can produce positive results so that efforts to maintain recovery momentum can continue.

"So we must balance in managing inflation today in the future," he asserted.

As stated by VOI, that the Central Statistics Agency (BPS) has announced that inflation has exceeded the target set by the government with a realization of 4.35 percent (year on year / yoy) at the end of June 2022.

In fact, the target inflation rate for this year is 3 percent plus minus 1 percent.

In fact, indications of this subdued inflation have been seen since the beginning of 2022, which has consistently risen from 2.03 percent in February to 4.35 percent last month.