"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. …

Wednesday, December 23, 2009

State Budget Heading for Recovery

Kompas, Wednesday, 23 December 2009 | 3:37 PM

KOMPAS.com - The year of 2009 is about to end. It's been a tough year for the state finance managers, marked by numerous problems. The problems resulted in new funding alternatives adjusted to the requirements of the State Budget (APBN).

AP/Ahn Young-joon

To anticipate the worsening global economic crisis, the 2009 APBN was adjusted at the beginning of the year. One main cause was the additional Rp. 12.5 trillion fiscal stimulus that brought the total to Rp. 71.3 trillion to suppress the effect of the economic crisis.

The total fiscal stimulus is 1.4 percent of the gross domestic product (PDB). It was considered sufficient to handle the pressure from the global economic crisis as it was supposed to be able to block the rapid unemployment surge in 2009.

Due to the economic crisis, the unemployment rate was estimated to be 8.87 percent of the 107 million work force. However, with the fiscal stimulus, the unemployment rate was suppressed to 8.34 percent thanks to 150,000 new job opportunities.

Lately, the fiscal stimulus hasn't been entirely utilized. For instance, the stimulus to exempt income tax from those whose basic income is Rp. 5 million per month or less. The insentive was not fullly used because it relied on the honesty of employers, who in turn avoid tax audits.

Though the budget requirement is increasing, the government's income isn't. Due to the global crisis, the earning, expenditure, and funding of the APBN must be changed.

From the aspect of income, the tax earning is down by Rp. 58.95 trillion. And the state earning from non-tax sources is also cut by Rp. 73.07 trillion. Both caused the 2009 APBN to drop to Rp. 853.68 trillion from the previous target of Rp. 985.7 trillion.

The state budget will decline due to the subsidy that decreased by Rp. 43.54 trillion, and the regional funding would lose Rp. 16.9 trillion. The main cause is the decline in the price of oil fuel and the fixed pricing for Indonesian crude oil that dropped from USD 80 per barrel to just USD 45 per barrel.

For that reason, the state earning has decreased by Rp. 132 trillion and the state budget cut down by Rp. 53.2 trillion. All these also caused the bank deficit to go up to Rp. 51 trillion, which was 2.5 percent of the PDB or approximately Rp. 132 trillion.

Not easy

So, will it be easy to make up for the 2009 APBN shortage? No. At the start of 2009, the APBN has been stalked with low liquidity that caused a scarcity of low cost funds in the world finance. For this reason the Department of Finance has approached several creditor countries and international finance institutions to strike a deal for ready loans that will only be used if the APBN funding options become increasingly difficult.

The Department of Finance has gathered a USD 5.5 billion ready loan from the World Bank, the Asian Development Bank, and the Japanese and Australian governments. However, so far none of these sources have been tapped because the liquidity of the international money market is gradually recovering.

The government had also had to stop the auction of the state's marketable securities earlier, which was on November 17, 2009. This was done because the return from the obligation market actors were increasing. If forced to continue the government would've suffered loss from an over-high obligation cost. Fortunately, before the market took full advantage of this, the issuing target of securities had been achieved, which was at Rp. 144.549 trillion.

Though the global financial crisis is considered to have abated around the end of 2009, challenges still await in 2010. The state earning will be hard pressed.

One challenge is from the free trade agreement (FTA), both between ASEAN countries and between ASEAN and China. The FTA would cut down the income from customs by Rp. 15 trillion. Aside from that, taxation earning will also decrease since there will be a cut on income tax, from 28 percent to 25 percent.

For those reasons, anticipation for a potential crisis in 2010 must be done. The government anticipates that by keeping budgeting fiscal stimulus. The amount of fiscal stimulus is estimated to be Rp. 59 trillion, which is lower than the one for 2009, which was Rp. 73 trillion. The government considers that the national economy has improved so that the state budget, including for fiscal stimulus, can be lowered.

"The increase for the 2010 state budget is lower than 2009's because the fiscal stimulus is lower. In return, we hope to see growth in the private investment sector to make up for the lowered stimulus, so that the economy can still grow 5.5 percent as targeted," said Department of Finance's fiscal agency chief, Anggito Abimanyu.

The fiscal stimulus target in the 2010 APBN draft is one percent of the PDB. The PDB in the 2010 APBN draft is Rp. 5,981.37 trillion so that the fiscal stimulus for next year is around Rp. 59.81 trillion. This fiscal stimulus value is lower compared to 2009's, which was 1.4 percent of the PDB.

The government expansion through the state expenditure is also lower because the raised salaries for civil servants, the Indonesian armed forces, and the National Police, aren't high, or only 5 percent or equals to next year inflation. Even so, the government will persist with the stimulus in the form of tax borne by the government, as much as Rp. 16.87 trillion.

Next year there will also be a cut on income tax, from 28 percent to 25 percent, plus the insentive of a company entering the stock market, which is 5 percent. This is the most real stimulus for next year.


Economist Fadhil Hasan reminds that the contribution of the state budget on the economy will be at the minimum if the government cannot solve the slow budget disbursement. Currently, fund disbursement could pile up till the third or fourth quarters, while the economic crisis could hit on the first quarter.

The state budget is continously raised, especially during a crisis, with the additional fiscal stimulus. However, the government still finds difficulties to disburse the fiscal stimulus fund.

"With that condition, the role of the state budget on the effort to stabilize the economic growth can be minimized. In 2009 the dominating expenditure that saved the economic growth was instead from election spending and the tax saving schemes that motivated the people's consumption." (Orin Basuki/C17-09)

Editor: jimbon / Source : Kompas Cetak

No comments: