The Parliament has approved new assumptions of 2006 state budget. These assumptions have accomodated the economic impact of increasing the international oil price.
The structure of the state budget 2006 is based upon the set of macroeconomic assumptions as follows:
Key Assumptions | 2006 Budget |
Economic Growth (%) | 6.1 |
Inflation Rate (%) | 8 |
Exchange Rate (IDR/USD) | 9.900 |
SBI 3 month rate (%) | 9.5 |
Crude Oil price (USD/barrel) | USD 57 |
Crude Oil production ( Million barrel/day) | 1.075 – 1.110 |
Source : The Ministry of Finance