Cempaka Business and Economy: Government Trims Economic Growth Goal

"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. …”

Friday, February 13, 2009

Government Trims Economic Growth Goal

The Jakarta Globe, Muhammad Al Azhari, February 13, 2009

The government on Thursday downwardly revised its economic growth targets in the 2009 state budget to reflect the impact of the global economic slowdown and sought speedy approval for the revision from the House of Representatives.

“The global crisis has developed quickly and the impact is deep, so every country needs to respond to anticipate it,” Finance Minister Sri Mulyani Indrawati told a House budgetary commission hearing.

The Finance Ministry now projects 2009 growth of 4.2 percent to 4.7 percent, down from the 6 percent in the budget approved by the House last year, said Anggito Abimanyu, the ministry’s head of fiscal policy.

“The change in economic indicators in the form of lower economic growth, the rupiah exchange rate and oil prices carries an impact on the 2009 budget,” Sri Mulyani said.

The finance minister said that in anticipation of the effects of the global crisis being felt at home, steps needed to be taken, “including adjusting the state budget and the addition of fiscal stimulus.”

Paskah Suzetta, the planning minister, said that under the State Budget Law, the House has until Tuesday to decide whether to approve the revisions.

In the proposed revised budget, the average exchange rate for 2009 has been raised to Rp 11,000 a dollar, up from the original Rp 9,400. The estimate for global crude oil prices is now $45 a barrel, down from the earlier projection of $80.

State revenue was originally projected in the budget to reach Rp 985.7 trillion ($83.78 billion), but the revised projection put it at Rp 853 trillion. The Rp 132 trillion shortfall was largely because of expected lower revenues from the oil and gas sector and taxes.

Tax revenue was forecast to miss the original target, falling by 8.11 percent to Rp 666.9 trillion, while oil and gas sector revenue was likely to slide to Rp 92 trillion from Rp 162.1 trillion earlier following the dive in global crude oil prices.

The budget deficit was also predicted to soar by Rp 78 trillion to Rp 129.5 trillion, equivalent to 2.5 percent of the gross domestic product. The deficit in the original state budget was predicted at 1 percent of GDP – equivalent to Rp 51.3 trillion.

The huge difference is accounted for by the government’s planned Rp 71.3 trillion fiscal stimulus package.

The budget commission concurred that the situation called for action, but had reservations.

“We won’t be obstructing the government, should it need an additional deficit, especially if it wants to use the surplus financing,” said Emir Moeis, the chairman of the commission.

But he said the government should submit a more detailed breakdown of the revisions for the commission to study.

A special provision in the 2009 budget law allows emergency adjustments to the budget without having to secure the approval of a plenary meeting, a process that would usually take weeks if not months. The government intended to invoke the clause because it deemed urgent action would be needed to safeguard the overall economy.

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