The discourse that minister for trade and minister for
industry wanted to make the tariff, trade policy for phone imports, ppnbm, have
particular gritty alone in recent months. The policy that will be produced is a
government intensive against domestic manufacturers to reduce the rate of
mobile phone imports and boost the competitiveness of mobile phone
manufacturers in the country. However, this policy led to negative impacts,
such as increased imports of mobile phones and deficit of the trade balance.
The negative impact occurred in April 2014 when the news was
circulated in public, stimulating increasing
import mobile phones because the importer wanted to pile up stocks
before PPnBM enacted. Based on the data of the Central Bureau of statistics
(BPS), the imports of mobile phones and tablet computers in April 2014 have
risen 58,9% from USD 209 million to USD 332 million. This phenomenon is one
cause of deficit trade balance in April 2014 to reach USD 1.98 billion.
Another effect of the discourse is our higher trade balance
deficits and negative sentiment for investors. It is shown from the
depreciation of the rupiah exchange rate based on trade balance deficit data
released by BPS on June 2. Bank of Indonesia (BI) data shows, the rupiah on
Friday (30/5) previously in the position of Rp 11.611 per USD directly dropped
to $ 11.740 per USD on Monday (2/6). Tuesday (3/6), the depreciation of the
rupiah was resumed as low as Rp 11.806
per USD.
According to Professor of Faculty of Economics of University
of Indonesia (UI), fiscal policies such as the imposition of ppnbm and other
taxes, which are still limited to only discourse should not delivered to the
public because it could create unrest among businessmen and the community
resulting the negative impact in the short term.
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