REPUBLIKA.CO.ID, JAKARTA -- Minister of Finance, Bambang Brodjonegoro, stated that the macro-economic targets and prosperity in the State Budget for 2016 will be more realistic. It was because negative impact of global economic uncertainty still threatens.

Bambang said it in front of Chairman of Budget Committee of House of Representatives. The meeting was conducted to discuss the effect of global economic prospects in 2016 that are believed not to be improved significantly.

"We did have to be realistic and don't put the target too high. If the impact is good, then it can be advantage for Indonesia," Bambang said, Monday (7/9).

When the government conveyed the financial note and manuscript of draft budget 2016 to the Parliament on 14th August 2015, a number of factions in parliament stated that the government's economic growth target at 5.5 percent was too optimistic.

In addition, assuming the exchange rate of Rp 13.400 per US dollar was also considered to be too high. It was because there were pressures on rupiah from capital flows and exchange rates due to the devaluation undertaken by a number of countries.

Meanwhile, some other macro assumptions in the draft budget 2016 was 4.7 percent of inflation rate. The average interest rates on 3-month Treasury Bills was 5.5 percent.

Assumption of an average of Indonesian crude oil price of 60 dollars per barrel. Crude oil production of 830 thousand barrels per day and gas of about 1.155 million barrels of oil equivalent per day.

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