REPUBLIKA.CO.ID, JAKARTA -- The Commission XI of the House of Representatives reached in an initial meeting an agreement with the government on macro economic targets used to calculate the 2017 state budget.

At the meeting attended by the Finance Minister, Head of the National Development Planning Board (Bappenas), the Central Bank Governor and Head of the Central Burau of Statistics, four macro economic targets were agreed.

The economic growth target was set at 5.2-5.6 percent, the rupiah value was set at 13,300-13,600 per U.S. dollar, inflation at 3-5 percent and the interest on 3 month state treasury note (SPN) at 5-6 percent.

All factions at the Commissions gave agreement with note on the four macro economic targets.

"The Commission wants the government to use more realistic targets in the state budget considering the economic development in previous years," Commission chairman Ahmadi Noor Supit said here on Monday night.

The government was asked to set government spending more focused under the principle of 'money follows program', he said.

The result of the agreement would be used by the government in drafting state budget for 2017.

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