Indonesia's spending on local products expected to reach $21.321 blnn 2010

13:17, February 10, 2010      

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Indonesian government's spending on local goods and service is expected to reach 200 trillion rupiah (about 21.321 billion U.S. dollars) in 2010, Bisnis Indonesia daily quoted a minister as saying on Wednesday. The figure is equal with 35 percent of government's spending in the last four years of 573 trillion rupiah (about 61.087 billion dollars).

Industry Minister MS Hidayat said that the spending will cover 456 items, namely equipment of electronic, agriculture, factory, telecommunication and defense, among others.

"All these years, purchasing on such products has been small even though government's spending on local products increase every year," said Hidayat.

However, despite the fact that government's spending in 2009 increased 23.4 percent to 158.8 trillion rupiah (about 16.938 billion dollars) from 13.727 billion dollars in 2008, imported goods usage by the government was enhanced.

Hidayat said that budget allocation given to ministries and non- ministerial state institutions should be used to purchase more local products.

Source:Xinhua
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