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Jokowi asks  5 provinces  to investigate reasons  behind rising inflation

Jokowi asks 5 provinces to investigate reasons behind rising inflation

August 19, 2022

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Jokowi asks 5 provinces to investigate reasons behind rising inflation

Web DeskbyWeb Desk
August 19, 2022
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Jokowi asks  5 provinces  to investigate reasons  behind rising inflation
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Jakarta (ANTARA) – President Joko Widodo (Jokowi) has asked the leaders of five regions with the highest inflation rate to look into the causes in detail so that the inflation rate can be brought down to 5 percent.
According to Widodo, the five provinces with the highest inflation rate are Jambi (8.55 percent), West Sumatra (8.01 percent), Bangka Belitung (7.77 percent), Riau (7.04 percent), and Aceh (6.97 percent). “Please look at this in detail, what caused this, so that we can solve it together and it can decline to below 5 percent, would be better (if) it can be below 3 percent,” he said at the Merdeka Palace, here on Thursday. He urged regional heads from the city to provincial levels to look into the factors behind the inflation, which is currently plaguing all countries in the midst of a food crisis.
Regional leaders must cooperate with the Regional Inflation Control Team and the Central Inflation Control Team to continuously determine which food commodities are causing inflation, Widodo said. Through such coordination, commodities that are abundant in one area can be distributed to areas that are experiencing price increases, he explained. “I believe that the cooperation that I mentioned earlier, provinces, districts, cities, inflation control teams, (if) everything works, (then the task would be) finished, to (help inflation decline) it to a number below three, (it will be done), since our people also have the (means to do this),” he remarked.On the same occasion, Governor of Bank Indonesia, Perry Warjiyo, said that inflation in July 2022 had reached 4.94 percent year-on-year (yoy), which, though lower compared to other countries, exceeded the upper limit of the target of 3 percent plus minus 1 percent.

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