DENPASAR

The rapid economic development in the province of Bali in recent years is not fully capable of giving a strong influence to improve the welfare of low-income groups or grassroots.

“Overall, in the period of last five years the income gap in a number of regencies / cities in Bali are still quite wide,” said Head of Bank Indonesia Representative province of Bali, Dewi Setyowati in Denpasar on Tuesday.

In a study of regional economic reports of second quarter 2015 Bali said, Tabanan, Jembrana, Buleleng, and Denpasar belong to areas that have higher income inequality than other regions.

She described the gap from the average exchange rate of farmers (NTP) of Bali at the second quarter of 2015 was recorded at 103.34, lower than the previous quarter and amounted to 103.83 compared to the same period in 2014 amounted to 104.28.

Based on the sub-sector, a decrease in NTP (quarterly) mainly occur in food crops. Indexes are paid by farmers (IB), NTP food crops increased from 118.35 in the first quarter of 2015 to 119.2 in the second quarter of 2015.

While the index received by farmers (IT) decreased from 114.67 in the first quarter of 2015 to 112.34 in the second quarter of 2015. Thus NTP food crops has decreased from 96.89 into 94.25.

In terms of distribution of wealth, Bali’s economy is still faced with the challenges of income inequality. Community income inequality in Bali widened as indicated by the Gini ratio figures in 2014 which reached 0.44.

Setyowati explained, there is a 20% top income residents who enjoy 50.01% of overall economic income of Bali, while  40% of people just enjoy 14.29% of Bali economic revenue.