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Showing posts with the label DEVELOPMENT

GLOBAL AND DOMESTIC GOLD PRICE STAGNANT

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Indonesian- The world's gold prices opened unchanged in early trading this week after last weekend's trades held at the lowest level in four months amid a stronger US dollar. Quoted by Reuters on Monday, December 11, 2017, the price of gold in the international spot market stagnated at the level of US $ 1,247.8 per ounce. Meanwhile, US gold futures rose 0.1 percent to as low as US $ 1,250.1 per ounce. The immensity of gold prices this morning also fell supported by the stable trading of US dollars in Asia Monday morning. In addition, the expectation of US interest rate hikes this month is also higher. Domestic gold Domestically, the price of gold PT Aneka Tambang Tbk, on this day also recorded unnatural changes compared with last Saturday's trading weekend. Quoted from data of Business Unit Processing and Purification of Logam Mulia Antam, Monday, December 11, 2017, for purchases at the office Pulogadung, East Jakarta, gold dibanderol approximately Rp613 thou...

How Countries Owe to Accelerate Development

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Debt is often interpreted by incapacity or things that tend to be negative. However, debt can be one of the strategies taken by the government to build various sectors with the aim of creating a much better life. Like Indonesia. There are certain strategies that the government implements in terms of debt or financing, especially when infrastructure development continues to be boosted in the face of an evolving future. "Management of this financing, the government trying to manage carefully, especially in terms of loan portfolio management," said Director of Strategy and Finance Portfolio of Scenaider Clasein Siahaan Finance when talking. Scenaider explains, one of the considerations the state owes to finance the development is the income from taxes is not enough to fund development projects. The government may wait until it has sufficient funds to finance its own development. However, when the condition is up, more money must be spent to catch up. "For example, if we p...