DPR Urges Government to Maintain Price Stability During Nataru

Rising Consumption and Economic Oversight

The Indonesian House of Representatives (DPR) has called on the government to ensure price stability during the Christmas and New Year (Nataru) period, as consumption is expected to surge. DPR Commission XI Chairman, Mukhamad Misbakhun, highlighted the commission's role in overseeing fiscal, monetary, and financial services policies to maintain economic stability amid seasonal pressures and increased consumer spending.

Commission XI's Oversight Role

Misbakhun explained that Commission XI's oversight extends beyond policy formulation and budgeting to include the evaluation of policy implementation and its impact on price stability and consumer purchasing power. The commission aims to ensure that inflation control measures and price stabilization policies are effectively enforced on the ground.

Economic Context and Policy Implications

The Nataru period is seen as a critical moment for the government to boost national consumption, which can, in turn, drive economic growth. However, the DPR is cautious about the potential for inflationary pressures due to increased demand. As such, the government is urged to strike a balance between promoting consumption and maintaining economic stability.