Vice President: Lifting Oil so the Government Attention
Saturday, September 4, 2010 05:19 AM

JAKARTA - MI: Vice President Boediono states of production problems (lifting) of oil into the government's attention. The reason is oil lifting always down a few years back.

"Lifting the oil we try to work on for the last few years continue to decline. It is now quite stable. But (lifting) has the lock on the state budget anyway," said Boediono in Open Session Chairman Fast with the Media in the Official Homeland of the Vice President, Jalan Diponegoro, Jakarta, Friday (3 / 9) night.

Boediono explained, exchange rates, inflation, economic growth as the basic assumptions of the budget was very important. But more importantly in terms of their impact on the right side or left side of the state budget is lifting. "Because this is really missing money. Money can be lost," he said.

But if economic growth, or let's say that rates could impact on the right side but also offset the opposite side. For example subsidies can be improved, but the revenue side of the oil also declined. "So a draw. These examples," he said.

In lifting the meeting at the Office of the Vice President, Thursday (26 / 8) then. Revealed that the average decline in oil production from January to July reached 1,000 barrels per day. But it was not yet alarming, and the target of 960 thousand barrels of production in 2010 will be achieved.

Source : mediaindonesia.com