Cempaka Business and Economy: Govt can now spend more on key projects, says WB

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Tuesday, December 16, 2008

Govt can now spend more on key projects, says WB

Aditya Suharmoko, The Jakarta Post, Jakarta | Tue, 12/16/2008 11:03 AM

With falling crude oil prices sparing the government from spending more on the fuel subsidy, the money saved should be spent on more productive agenda such as building infrastructure to stimulate the economy, the World Bank says.

The World Bank, a major donor to Indonesia, also welcomed the latest cut in domestic fuel prices as reflecting world oil prices.

"This decision (to cut prices) is a reflection of what's happening on the world market... prices have collapsed in a very short period of time," Joachim von Amsberg, World Bank country director for Indonesia, said Monday.

"So all of a sudden, a very large subsidy in fuels in Indonesia disappeared. "I think that shift is welcome and we will ensure that in the future, the resources spent on very large fuel subsidies can be used for investment. That should be good for Indonesia and good for economic prospects."

His remarks underlined the government's vow to accelerate infrastructure development next year to stimulate the economy clouded by the global economic downturn. Such projects could also lead to more jobs at a time when the private sector is expected to cut output on slower demand, bringing about possible layoffs.

Public Works Minister Djoko Kirmanto says the government is looking to create 3 million new jobs next year through state-funded infrastructure projects. Up to Rp 34.9 trillion has been allocated for projects under this ministry alone.

Finance Minister Sri Mulyani Indrawati says the impact of the global slowdown on Indonesia's economy could likely peak in the first half of 2009. While the 2009 state budget projects growth of 6 percent, the government now expects the economy to grow between 4.5 and 5.5 percent -- still higher than most economists' predictions.

Against this backdrop, visiting World Bank managing director Juan Jose Daboub said in Monday's forum the bank would provide both financial and non-financial support for the government in protecting the poor and maintaining longer-term investment in infrastructure.

"We are contributing our resources and expertise to improving social protection, better budget execution, as well as sustained infrastructure and institutional reforms, including in the financial sector," Daboub said.

He also confirmed the bank was currently in talks with the government for a contingency fund of US$2 billion to help plug the state budget deficit.

"The finance minister will make an announcement early January," he said.

Daboub added that should the government need more money to plug the deficit, the World Bank would consider lending a hand.

"We will wait and see, should it take place," he said.

The government says it will issue fewer bonds to finance the deficit amid an adverse sentiment worldwide, and will instead rely more instead on loans, both from neighboring nations and multilateral organizations.

Cempaka Business and Economy

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Tuesday, December 16, 2008

Govt can now spend more on key projects, says WB

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