Indonesian Political, Business & Finance News

Clarification on privatization

| Source: JP

Clarification on privatization

Referring to the news report published in The Jakarta Post on
Oct. 5, 1994 and reports in other media quoting the statement by
Minister of Administrative Reforms TB Silalahi after giving a
speech before the working conference of the department of
Religious Affairs on Oct. 4, 1994 in Jakarta, we wish to clarify
as follows:

1. What was meant by the Minister is that the status of the
state-owned television station (TVRI) is changed into State-owned
Enterprise (BUMN), so that the business can be managed more
professionally just like a private company. The Minister did not
mean privatization of the institution.

2. In this context, a feasibility study is being done
involving Departments of Information, Finance, Office of
Administrative Reforms and Cabinet Secretariat. The problems
resulting from the change are very complex because various
aspects are involved i.e. law, funding and employees' status.

3. The Office of Administrative Reforms is particularly
studying matters concerning the change of status of the employees
and the BUMN.

SAPTA NIRWANDAR

Chief of General Bureau

Office of Administrative Reforms

Jakarta

View JSON | Print