A minister for privatization<\/p>\n
From Pikiran Rakyat<\/p>\n
Chapter XIV, Article 33 of the 1945 Constitution stipulates
\nthe following:<\/p>\n
1. The economy is arranged as a common enterprise based on the
\nprinciple of family spirit, and thus such an enterprise should be
\nin the form of cooperatives.<\/p>\n
2. Production sectors which are significant for the state and
\nprimarily concern the welfare of society must be under the
\ncontrol of the state.<\/p>\n
3. Only enterprises which do not concern the welfare of society
\ncan be left to the control of the private sector.<\/p>\n
In relation to point number 2, it seems unwise to maintain the
\nexistence of the state companies including those in the provinces
\nas, instead of contributing to the state and provincial coffers,
\nthey have merely become a burden to the nation and a source of
\ncorruption, collusion and nepotism.<\/p>\n
Many state companies are not involved in vital and strategic
\nbusinesses which actually must be handled by the private sector
\nor cooperatives.<\/p>\n
We all know that state enterprises are supposed to be able to
\nsupport the national budget to finance our nation as well as
\nregional developments. Their contributions are drawn from the
\nprofits gained, and not by putting aside the operational costs
\nduring a specific period. Sadly, the companies, more often than
\nnot, suffer losses during that period. This is evident from their
\ngrowing debts which they are unable to pay.<\/p>\n
Given this state of affairs, in an effort to make our economy
\nhealthy, the government should seriously consider privatizing
\nstate companies and putting greater emphasis on the need for
\nintensifying cooperatives. So I suggest that the government
\nappoint a State Minister of Privatization.<\/p>\n
YUSUF R.<\/p>\n
Tasikmalaya, West Java<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/a-minister-for-privatization-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }