Indonesian Political, Business & Finance News

Business tycoons' role in reform

Business tycoons' role in reform

From Pikiran Rakyat

In these hectic days of reform trends, we have nearly forgotten the business tycoons. If we ponder on the two words reform and tycoons, they are very meaningful to the monetary and economic crisis.

The most important reform is the endeavor of the cabinet to immediately reduce and stabilize commodity prices, especially those of staple foods.

In the monetary crisis, the active involvement of business tycoons is required to lighten the increasingly heavy burden borne by the government. For many years, the government has played a big role in promoting the companies of tycoons, although the participation may smell of corruption, collusion and nepotism.

If the business tycoons could take a wise and responsible stance as good citizens, they could solve the crisis together with the government in order to stabilize the economy.

They could invest their capital and distribute staple foods to people in need of these goods.

Part of their companies' profits could be turned into subsidies, if necessary, for the reform struggle. The companies' assets could be donated to the state or managed by the government into state-owned companies in order to reduce the government's burden. It is our hope that the government can soon reestablish the Indonesian economy.

EDI NURYANTO

Garut, West Java

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