A question of morals<\/p>\n
From Sinar<\/p>\n
I hail the Takesra (Family Welfare Savings) program that was
\ndedicated by President Soeharto on Oct. 2, 1995. All Indonesian
\ncitizens should give their support to the program, bearing in
\nmind that a nation's resilience can be judged by how big its
\nnational savings are.<\/p>\n
The reason for collecting the funds from society is the fact
\nthat our ever growing development programs call for huge
\nfinancial back up. In his Aug. 16, 1995 state address, President
\nSoeharto said that the investment will increase in the sixth
\nfive-year development plan to Rp 815 trillion, 77 percent of
\nwhich will be acquired from people's savings. It should be
\nunderstood that national savings will strengthen the country's
\neconomy, and in turn will reduce our dependency on foreign loans.<\/p>\n
It should also be realized that the success of the Takesra
\nprogram depends, to a large extent, on the morals of bank
\npersonnel. We learn from past experience that corruption,
\ncollusion and manipulation can be attributed to the low morality
\nof officials. We were sad to hear about the financial leakage in
\nthis country, with the German Der Spiegel dubbing Indonesia as
\none of the most corrupt countries. Even celebrated economist
\nProf. Sumitro Djojohadikusumo hinted that the financial leakage
\nwas as much as 30 percent. If the leakage could be eliminated, he
\nsaid, Indonesia would not need to secure get foreign loans to
\nfinance its development projects. Our own budget would suffice to
\nback up our economy.<\/p>\n
ERWIN<\/p>\n
Jakarta<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/a-question-of-morals-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }