"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.) -

“ … 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.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

The headquarters of the Corruption Eradication Commission (KPK) in 
Jakarta. (BeritaSatu Photo)
"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. …

Thursday, January 08, 2009

Government to Sell More Bonds, Despite Deficit Surprise

Muhamad Al Azhari, The Jakarta Globe, January 8, 2009

A client making transactions at Bank Permata, Jakarta, on Wednesday. (Photo: Safir Makki, JG)

The government will stick with its plan to resort to the debt market to finance this year’s national budget deficit as the unused funds left over from the 2008 budget are to be put towards a proposed fiscal stimulus program, a senior official at the Ministry of Finance said on Wednesday. 

Indonesia recorded a budget deficit of only Rp 4.2 trillion, or 0.1 percent of projected gross domestic product, in 2008, far below the Rp 94.5 trillion, or 2.1 percent of GDP, that had been predicted in the revised budget. 

Basing its calculations on the higher figure, the finance ministry borrowed Rp 55.5 trillion on the debt markets, with most of the money being the proceeds of government bond sales. Subsequently, as a result of the budget deficit coming in much lower than expected, the country was left with funds amounting to Rp 51.3 trillion. 

The government is predicting a deficit of 1.0 percent of GDP in 2009, the equivalent of Rp 51.3 trillion. 

“We will keep selling bonds this year, with a net proceeds target of Rp 54 trillion,” said Rahmat Waluyanto, the director general of debt management at the Finance Ministry, adding that the government would diversify its debt instruments and sales methods to anticipate likely weak demand in the debt markets amid the global recession. 

As to how the government will use the carried-over funds, Rahmat said: “I can’t give you much detail at present, but, as you know, some of the money will be used to finance the fiscal stimulus package.” 

The government announced a plan on Monday to pump Rp 50.5 trillion ($4.64 billion) into the economy in the form of a fiscal stimulus package to ward off possible major job cuts as international demand for Indonesia’s products dissipates. 

Part of the package, worth Rp 12.5 trillion — which will take the form of value-added tax and import duty exemptions for a number of sectors — will be funded by the national budget, while another Rp 38 trillion, made up of the carried-over funds from 2008, will be used to pay for labor-intensive programs and provide support to the private sector. 

But the government is still assessing which sectors are to receive incentives and assistance, saying that further details will be announced within the next two weeks. 

Rahmat explained that in diversifying its debt instruments, the government will issue the country’s first Islamic retail bond, or sukuk, to retail investors in the domestic market in February, and its first yen-denominated bond, or Shiboasai, in the middle of 2009. 

Indonesia will employ Japan-based financial firms to sell the bonds, he said, as Indonesian government bonds are still regarded as being below investment grade. “So, we need people to provide assurances, people to make the arrangements. Preferably, they should come from Japan.” 

One of the reasons the government is considering issuing yen-denominated bonds is because Indonesia’s exposure to the Japanese currency is quite significant, Rahmat said, adding that some 19 percent of the country’s total foreign debt is in yen. If the yen-denominated bonds are successful, he said, the government will attempt to refinance its yen-denominated debt. 

As another example of diversification, Rahmat said the Finance Ministry would also offer short-term debt papers to local governments enjoying budget surpluses as a result of windfall profits they earned when commodity prices hit record highs in the first part of 2008. 

Rahmat did not rule out the possibility of seeking standby loans from multilateral agencies and international donor countries should the government experience difficulties in selling its debt papers, given that the global recession is expected to persist throughout 2009.

Related Article: 

Government Plans to Offer Islamic Bonds Next Month


No comments: