The Car Insurance : VP: social protection and prevent the impact of inflation

Vice President Boediono (Between/Yudhi Mahatma)

Inflation can affect the level of well-being of the poor, hence the need for social protection, "

Jakarta (The Car Insurance)-Vice President Boediono said the compensation as part of social protection, needs to be given to preventing the impact of the rate of inflation, to the poor.

"Inflation can affect the level of well-being of the poor, hence the need for social protection," he said when giving opening remarks in the meeting of the National Coordination Team for controlling Inflation Area IV (TPID) here on Wednesday.

Boediono said the need for an effort to keep the rate of inflation, as high inflation could affect the purchasing power and the conditions of the poor.

"Inflation is affecting everyone but there are groups who are overburdened and prone to inflation that is poor, we need to focus to get there," he said.

Boediono said the Government has prepared a variety of compensation in the form of jamkesmas, raskin, scholarships for poor students as well as other programs to keep the level of welfare of the poor.

For that, he wants the leaders of the region to control the implementation of the social assistance program and asked for increased coordination with the Centre in conducting surveillance.

"Social Protection must be fully escorted their implementation and coordination should be improved to anticipate unexpected things on the field," he said.

Boediono was also asked to not only keep the TPID pace of inflation in the region, but also a food commodity prices can affect the condition of the poor.

"Safeguarding food safety and is a major key to success in controlling the rate of inflation," he said.

Currently control inflation requires a synergy and cooperation between policy areas, due to the increasing complexity of the challenge in controlling inflation and there is no area that can satisfy all the needs of the people.

(S034/B008)

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The Car Insurance Info : Banker: the e-ID CARD copy restrictions prevent counterfeiting

Jakarta (The Car Insurance Info)-the President Director of PT Bank Central Asia Tbk Jahja Setiaatmadja assess the substance prohibition of copy of Card Of electronic (e-ID) by the Minister of Home Affairs Gamawan Fauzi is to prevent impersonation.

"Maybe its substance was chip an e-ID CARD that read. If the form of the appearance of the card only (photocopied) easily faked, "said Jahja through the brief message received here on Wednesday.

Jahja does not mention whether it objected to the ban or not, because up to now there are still banking activities which require a photocopy of YOUR ID for the customer. However, Jahja questioned the extent to which the use of the e-ID CARD can prevent the occurrence of impersonation.

"The question is, to what extent the chip in his e-ID CARD cannot be duplicated," said Jahja procurement tool called e-ID CARD reader (card reader) will drive the increase in the cost of banking operations.

The President Director of Bank Syariah Bukopin Arwana says ban on e-ID CARD photocopy will complicate the banking activities relating to the customer's logging.

"If there should be a copy of, the activities of the bank will be difficult. Until recently the right ID CARD photocopy must be attached in some banking transactions, such as when opening a new savings account, opening deposits and others, "said Arwana who contacted separately.

He's assess there is less good system in the implementation of the e-ID CARD. When banks must provide own card reader e-ID CARDS and according to him, it would be a waste for banking.

"If banks have to have that means banks have to invest it at least one fruit in each branch office, and I also don't know how much it costs. In addition if it needed a tool that required adjustment recently, "tukasnya.

He further explained that the fungsifoto ID for banking is very important, as the logging practices of the identity of the client. According to him without a photocopy of ID CARD and current banking activities cannot be done, because there is no attachment of identity is the basis to perform a banking transaction.

"What if the customer wanted to do a credit agreement, with no photocopying YOUR ID will be difficult for the time being," he said.

Even so, there are good intentions believe Arwana from the Minister of the Interior of the prohibition, in order to maintain the security of the institution of public service.

He is assessing the use of the e-ID CARD with card reader for banking in the long term will be very good for the sake of avoiding any falsification of customer data. "But for the short term it means banks have to invest and there needs to be adjustments over this," he said.

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Obama Press Congress To Prevent Automatic Budget Cuts

Monexnews-President Barack Obama increased the pressure on Congress to prevent budget cuts of $ 1.2 billion that is set is valid from March 1, he said that the budget cuts would harm the economy and reduce vital services.

Obama said that if budget cuts force, then the u.s. will lose hundreds of thousands of jobs, destruction of military preparedness, and aid to local governments and the State will shrink as well as the ability of the Government in responding to natural disasters or other emergencies will be reduced.

If lawmakers do not approve to replace budget cuts in all government agencies, Congress "at least" should have passed a small package while who could provide more time for negotiations, Obama said in Washington.

"There should be no budget cuts want to happen," he added.

(fsyl)

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