Finance officials must be diligent<\/p>\n
JAKARTA (JP): Minister of Finance Mar'ie Muhammad urged his
\noffice staff yesterday to be more focused on the public interest
\nand to guard against waste and inefficiency.<\/p>\n
\"The public interest should have our greatest attention and be
\nour main concern,\" Mar'ie said during a speech delivered at a
\nceremony commemorating Indonesia's 49th Monetary Day.<\/p>\n
He said mismanagement in the monetary sector would
\ndisadvantage the country by resulting in a lack of public
\nfacilities and other obstacles to growth.<\/p>\n
In the banking and financial sectors, he said, losses and
\nwaste would result in a high-cost economy, hindering national
\ndevelopment efforts.<\/p>\n
\"High costs will affect the efforts to increase national
\nproductivity and development,\" he said.<\/p>\n
Mar'ie said the government's current tight monetary and fiscal
\npolicies have helped to boost national development and, in turn,
\nincreased state revenues from tax receipts.<\/p>\n
\"Cutting back on routine expenditures has helped to increase
\ngovernment savings. This has significantly reduced the dependency
\non foreign loans,\" he said.<\/p>\n
At the ceremony, Mar'ie presented the Satyalencana Karya Satya
\nservice award from President Soeharto to 923 current and retired
\nofficials of the Ministry of Finance. He also presented
\ncertificates of merit from the ministry to 520 retirees.<\/p>\n
Among those who received the Satyalencana Karya Satya award
\nwere Director General of Customs and Excise Soehardjo and
\nDirector General of Tax Fuad Bawazier. (kod\/pwn)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/finance-officials-must-be-diligent-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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