{
    "success": true,
    "data": {
        "id": 1392776,
        "msgid": "monetary-crisis-donation-1447893297",
        "date": "1998-01-10 00:00:00",
        "title": "Monetary crisis donation",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Monetary crisis donation From Kompas We are now in 1998, which is a year of monetary crisis. The crisis, which, in fact, began to be felt in July 1997, has affected not only business sectors financed by U.S. dollar loans but also free-lance workers and the logistics sector of households.",
        "content": "<p>Monetary crisis donation<\/p>\n<p>From Kompas<\/p>\n<p>We are now in 1998, which is a year of monetary crisis. The<br>\ncrisis, which, in fact, began to be felt in July 1997, has<br>\naffected not only business sectors financed by U.S. dollar loans<br>\nbut also free-lance workers and the logistics sector of<br>\nhouseholds.<\/p>\n<p>The government is now unusually confused seeing that millions<br>\nwill be jobless as a result of the crisis, private sector and<br>\ngovernment offshore loans are large and swelling, and small and<br>\nmedium-sized companies are likely to go bankrupt although these<br>\ncompanies themselves are financially sound (the multiplier effect<br>\nor the supplier effect).<\/p>\n<p>\"Right or wrong, good or bad, our country.\" Who else but we,<br>\nthe people, can help this country get out of its crisis? Just<br>\nforget who, what or which sector contributes considerably to this<br>\ncrisis or who, instead, is fishing in murky waters because strong<br>\nwaves are going to hit this country.<\/p>\n<p>Nationalism is no longer not hunting for U.S. dollars as<br>\ndomestic speculators. At this juncture, nationalism is an earnest<br>\nand honest intention to do one's best to help this country get<br>\nout of its crisis.<\/p>\n<p>I have a suggestion. Why don't we start a \"Monetary Crisis<br>\nFund\" so that anybody can voluntarily donate any amount to help<br>\nthe government overcome its trouble in this crisis. Assuming that<br>\n100 million people donate Rp 5,000 each, then Rp 500 billion can<br>\neasily be collected, This can later be used for the establishment<br>\nof labor-intensive projects to give work to people who have<br>\nbecome jobless because of this recession, or to augment the<br>\nstate's foreign exchange reserves and so forth, depending on the<br>\ngovernment's priority scale.<\/p>\n<p>I am sure that such an effort would show the outside world<br>\nthat in an effort to help the recovery of the country's economy<br>\nall members of Indonesian society are serious and willing to<br>\nsacrifice and that the relationship involving the people, the<br>\ncommunity and the private sector is solid.<\/p>\n<p>A similar thing was once done in Japan when every Japanese<br>\nfamily bought shares in state-owned companies to help the country<br>\novercome financial difficulties. As for its implementation, the<br>\nmass media can coordinate this effort, just as they do with<br>\ndonations for victims of natural disasters, and in view of the<br>\nnational scale involved, the ministry of finance can manage this<br>\nundertaking transparently and report it to the public.<\/p>\n<p>DRG. TA TATAG UTOMO<\/p>\n<p>Jakarta<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/monetary-crisis-donation-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}