Jakarta Post

Suku Fixed Rate Guarantee
Assessed the economic conditions there was no significant change seen from the indicators of inflation, economic growth, and foreign exchange reserves. Therefore, the Board of Commissioners Deposit Insurance Corporation (DIC) to set reasonable rates, or interest rate guarantee period 15 December 2010-14 January 2011, remains 7 percent for deposit dollars and 2.75 percent for foreign currency at commercial banks. The fair rate for rural banks, according to Secretary of LPS Ahmad Fajarprana, Tuesday (14/12) in Jakarta, 10.25 percent. (Idr)

Revolving Credit Target Not Achieved
Towards the end of 2010, the target revolving fund of Rp 542.75 billion was achieved. Revolving Fund Management Institution only able to realize the distribution of Rp 351.21 billion. Director of Institute of Management-Cooperative Revolving Fund, Micro, Small and Medium Enterprises (LPDB-KUMKM) Pack Danial in Jakarta, Tuesday (14/12), say, the actual distribution of revolving fund need extra effort. (OSA)

ADB Loan to Grow Higher
Asian Development Bank (ADB) to provide 200 million U.S. dollars loan for Indonesia to continue reforms to spur sustainable economic growth and reducing poverty. "Reforms help support higher economic growth in the medium term," said Edimon Ginting, ADB Senior Economist at ADB Representative Office in Indonesia, on Tuesday (14/12) in Jakarta. The reforms include improving the investment climate and strengthening public financial management and governance.


Sumber : Jakarta Post


Economic terms:

Reform:
Changes drastically for improvement (social, political, or religious) dl a society or state;

Perkonomian:
Action (rule or way) berekonomi;


Bank
A mound, pile, or ridge of earth, raised above the surrounding level; hence, anything shaped like a mound or ridge of earth; as, a bank of clouds; a bank of snow.


Funds
which money is provided for a purpose; cost: -