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PREMIUMExperts urge BI to have exit strategy from burden-sharing scheme as risks loom

first_imgGoogle LOG INDon’t have an account? Register here Bank Indonesia (BI) needs an exit strategy from a scheme to finance the country’s fiscal deficit, as risks loom in the long run over the government’s plan to have a wide deficit again next year and lawmakers propose to revise prevailing laws on the central bank, experts have said.The government’s plan to run with a big budget deficit this year and next year, signaling that the “burden sharing” agreement is not a “one-off operation”, said Australia-based Lowy Institute nonresident fellow Stephen Grenville. The recent House of Representatives’ proposal to make the bond-buying program permanent could pose risks to the country’s economy, he added.The burden sharing scheme and the bill might erode the central bank’s profits and its independence and cause inflation in the long run, Grenville told a discussion on Tuesday. … Log in with your social account Facebook Linkedin burden-sharing-scheme bank-indonesia BI government-bond central-bank fitch-ratings Lowy-Institute stimulus-package Sri-Mulyani-Indrawati Forgot Password ? Topics :last_img read more

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Century old fireplace is the standout of this European inspired beauty on Gold Coast

first_img10 Wildash St, Southport.“The location was simply lovely, it felt like it was very secluded and private but it was in the middle of everything. “My husband really liked it because he could walk down to Main Beach.”The couple said while they enjoyed their mountain-top living, the Southport house offered a similar hideaway style with leafy surrounds. “A lot of our friends who come to visit always comment that they didn’t realise Southport had this side to it,” Mrs Virtanen said. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North4 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago10 Wildash St, Southport.“We used to think that way too before we found this house. “I’m an outdoor person and I walk every single day down to the park. The house has catered to my lifestyle really well.” Mrs Virtanen said she couldn’t quite put her finger on the style but whatever it was, it had “wowed” her. “When we first stepped inside the house we simply fell in love,” she said.“We saw the old fireplace and we were hooked.” 10 Wildash St, Southport.Homeowners Ritva and Jouko Virtanen bought the five-bedroom house two and a half years ago and said it was the first house they inspected when they began hunting on the Gold Coast. “We had always lived high up in mountain homes and at the time we were living at Mt Nathan when we decided have a look inside this house,” Mrs Virtanen said. “It was different to what we have usually lived in, this house is on flat ground and it is within walking distance to shops and parks. 10 Wildash St, Southport.Mrs Virtanen said it was the small details in the house that gave it charming character. “As well as the fireplace and the beautiful mantelpiece, the details are all the way down to the floors,” she said. “There is something special in all the finishes and fixtures.” A Spanish marble ensuite with a sunken bath oozes romantic luxury while capturing views to Main Beach. The main bedroom also comes with an oversized walk-in robe. 10 Wildash St, Southport.The open-plan living is described by Sam Guo and Julia Kuo from Ray White Broadbeach as grand. “Also adjacent to this open-plan area is the contemporary, clean-lined kitchen,” Mrs Kuo said. “It has a Caesarstone island bench and bi-fold servery windows, which is sure to make entertaining in the covered alfresco area a breeze. center_img 10 Wildash St, Southport.A 150-YEAR-OLD black marble fireplace, handmade and imported from England, adds a touch of rich history to this grand Southport residence. Cathedral ceilings, vintage chandeliers, French doors and ironbark parquetry flooring combine to create a European style. 10 Wildash St, Southport.“The French doors open to the sun-drenched front courtyard and out to the north-facing pool.Mrs Kuo said the best feature was the outdoor studio and the third-level hideaway with views to Southport from a small Juliet balcony.last_img read more

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Gov. DeSantis to allow pharmacists to “order and administer” coronavirus tests

first_imgOn Friday Gov. Ron DeSantis directed the state surgeon general “to allow licensed pharmacists in Florida to order and administer” coronavirus tests.DeSantis said he believes allowing pharmacists to administer tests will make testing for accessible for Floridians.The governor said he was still working out rules related to how many tests would be available at pharmacies and who will be allowed to be tested there.DeSantis also said that the state is looking at home tests that are currently being developed as a potential option to expand testing.last_img

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