Cempaka Business and Economy: Govt unveils final stimulus plan to boost economy

"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. …”

Wednesday, January 28, 2009

Govt unveils final stimulus plan to boost economy

Aditya Suharmoko, THE JAKARTA POST, JAKARTA | Wed, 01/28/2009 8:45 AM

After giving conflicting figures, the government has finally set the stimulus at Rp 71.3 trillion (US$6.31 billion) to boost the economy amid the threat of crisis.

The package will include the Rp 27.5 trillion stimulus previously announced, and is higher than the figure of Rp 50 trillion touted by President Susilo Bambang Yudhoyono.

The new stimulus revolves around tax savings worth Rp 43 trillion, waived taxes and import duties for businesses and certain households, worth Rp 13.3 trillion, as well as subsidies and govern-ment spending of Rp 15 trillion for businesses.

Speaking before the House of Representatives' Commission XI, which oversees financial affairs, Finance Minister Sri Mulyani Indrawati said the stimulus was aimed at increasing people's purchasing power, the competitiveness and sturdiness of businesses facing the economic downturn, and labor-intensive infrastructure spending.

Mulyani said the stimulus "is everything that cuts costs borne by businesses and the people", when asked why the stimulus was not fully designed to support businesses.

The incentives include paying the income taxes of employees — now paid by businesses — of up to Rp 6.5 trillion, subsidizing diesel by Rp 2.8 trillion, and increasing infrastructure spending by Rp 10.2 trillion.

According to the ministry, Indonesia's Rp 71.3 trillion stimulus package accounts for 1.4 percent of the country's GDP, higher than the recently announced US stimulus, percentage-wise, which only accounts for 1.2 percent of the GDP.

The government forecasts the economy to grow between 4.5 and 5.5 percent this year, a drop from an estimated 6.2 percent in 2008.

The global downturn is affecting Indonesia’s economy on all fronts, from weakening demand for exports and slowing down flows of investment, to reducing consumer purchasing power.

Businesses have long warned that massive layoffs could hit Indonesia when the impact of the global crisis hits home the hardest some time in the middle of this year.

To achieve 5 percent economic growth, the government will boost spending by 10.4 percent from a year earlier, as private consumption, the economy's main driver, looks likely to drop this year.

Fauzi Ichsan, an economist with Standard Chartered Bank, said that in the past four years, government spending was relatively low.

"The stimulus will boost growth only if the government and local administrations can spend the money effectively," he said.

Government Rp 71.3 trillion Economic Stimulus Package

Tax savings

Income taxes of individuals and corporates, as well as untaxed incomes: Rp 43 trillion

Waived taxes and import duties for businesses and certain households

Value-added taxes on oil and gas exploration, and cooking oil: Rp 3.5 trillion
Import duties on raw materials and capital goods: Rp 2.5 trillion
Income taxes of employees: Rp 6.5 trillion
Income taxes for geothermal: Rp 0.8 trillion

Subsidies and government spending for businesses

Diesel subsidy: Rp 2.8 trillion
Electricity rate discount for industries: Rp 1.4 trillion
Additional infrastructure spending: Rp 10.2 trillion
Expansion of development for people living in rural areas (PNPM): Rp 0.6 trillion

Source: Finance Ministry

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