BI will form TPID Tarakan City

To keep and maintain the stabilization of the movement of local inflation, Bank Indonesia (BI) and the Government of the City (City Government) Tarakan will soon form a Regional Inflation Control Team (TPID).

TPID was later headed by the Mayor of Tarakan and assisted by several members, among others, City Secretary, Department of Industry and Trade, Economics and BI. TPID duty to monitor the problem of inflation that occurred in the town of Tarakan.

BI Senior Economic Researcher Young Samarida Branch, Sulistiyono revealed, in Tarakan TPID formation is critical to be formed. Because the value of inflation-owned City of Tarakan is higher than any other city in East Kalimantan.

"This value Tarakan in East Kalimantan highest inflation of 7.92 percent, while only 7 percent of Samarinda and Balikpapan 7.38 percent. For it is Tarakan should have TPID to be able to establish control of inflation in the region," he said after meeting the Mayor of Tarakan, Tuesday (01/18/2011)

Meanwhile, the Mayor of Tarakan, Udin Hianggio said it strongly supports the existence of the plan to form TPID. "We strongly support the establishment of TPID. Surely this is posisiti steps that can help speed inflation in the town of Tarakan," he said. (*)

Source: tribunkaltim (January 18, 2011)