{
    "success": true,
    "data": {
        "id": 1034492,
        "msgid": "govt-should-deregulate-real-sectors-economist-1447893297",
        "date": "1996-06-12 00:00:00",
        "title": "Govt should deregulate real sectors: Economist",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Govt should deregulate real sectors: Economist JAKARTA (JP): An economist suggested yesterday that the government further deregulate the real sectors (of production and distribution) to adjust them to current macroeconomic policy. Dorodjatun Kuntjoro-Jakti, an economist at the University of Indonesia, said after meeting with President Soeharto yesterday that improvements in the two sectors will complement the country's liberalization drive.",
        "content": "<p>Govt should deregulate real sectors: Economist<\/p>\n<p>JAKARTA (JP): An economist suggested yesterday that the<br>\ngovernment further deregulate the real sectors (of production and<br>\ndistribution) to adjust them to current macroeconomic policy.<\/p>\n<p>Dorodjatun Kuntjoro-Jakti, an economist at the University of<br>\nIndonesia, said after meeting with President Soeharto yesterday<br>\nthat improvements in the two sectors will complement the<br>\ncountry's liberalization drive.<\/p>\n<p>He said he agreed with the director of the World Bank's<br>\nJakarta office, Dennis de Tray, and his statement that Indonesia,<br>\nsince the deregulation measures taken in June, has become the<br>\nmost liberal country in Southeast Asia.<\/p>\n<p>\"I think we have taken quick steps at the macroeconomic level<br>\nand need support from the real sectors, which need to be<br>\nderegulated,\" Dorodjatun noted.<\/p>\n<p>Dorodjatun said recently that he was surprised that the new<br>\nderegulation package, announced on June 4, did not cover service<br>\nsectors such as airlines, shipping and land transportation.<\/p>\n<p>\"In the next economic reforms, I hope the government will<br>\nderegulate more of the real sectors, including services,\" he<br>\nsaid.<\/p>\n<p>Dorodjatun said yesterday that one of the most positive<br>\naspects of the new package is the establishment of the anti-<br>\ndumping body, which is chaired by Minister of Finance Mar'ie<br>\nMuhammad and Minister of Industry and Trade Tunky Ariwibowo.<\/p>\n<p>He noted that the next task for the country will be to reduce<br>\nthe non-tariff barriers still present in international trade<br>\npractices.<\/p>\n<p>\"We see that disguised protections appear in many<br>\nrequirements, including the local content requirements and<br>\ndumping allegations which have complicated international trade,\"<br>\nDorodjatun said.<\/p>\n<p>\"So far we have seen many accusations of dumping coming from<br>\ndeveloped countries rather than developing countries. So it is<br>\ncompletely right for us to form this anti-dumping body,\" he<br>\nadded.<\/p>\n<p>He suggested that the body include not only industrial experts<br>\nbut also skilled lawyers, given the complexity of issuing and<br>\nrejecting dumping charges.<\/p>\n<p>In yesterday's meeting with Soeharto, Dorodjatun accompanied<br>\nBustanil Arifin, A.R. Ramly and Muchtar Mandala, who are all<br>\nmembers of the APEC Business Advisory Council (ABAC) -- the new<br>\nname of the Pacific Business Forum (PBF). Dorodjatun, who was a<br>\nPBF advisor, is now an ABAC advisor.<\/p>\n<p>Bustanil said that ABAC's main duty is to advise leaders of<br>\nthe Asia Pacific Economic Cooperation (APEC) forum, who will<br>\nconvene for the fourth time in Manila later this year, with<br>\nrespect to private sector concerns.<\/p>\n<p>He noted that his party has conducted a series of meetings<br>\nwith representatives from the private sector, including the<br>\nIndonesian Chamber of Commerce and Industry, leading tycoons such<br>\nas Anthony Salim, Prajogo Pangestu, Ibrahim Risjad, James Riady,<br>\nSofyan Wanandi and the Forum of Business Associations.<\/p>\n<p>\"When we collected input from them for the next ABAC meeting<br>\nin Manila (June 14 to 16), most of them complained about domestic<br>\nissues. They suggested that domestic matters be solved before<br>\ninternational ones,\" Bustanil said.<\/p>\n<p>When asked about the complaints, Bustanil said, \"We explained<br>\nthem to Bapak (Soeharto), but not to you. They are mostly petty<br>\nproblems,\" (rid)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/govt-should-deregulate-real-sectors-economist-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}