Gold management needs transparency

Gold management needs transparency

From Bisnis Indonesia

Reading about community members donating gold to the government as an expression of concern, I am happy there are still citizens who are conscience of the economic situation.

On the other hand, the government should declare the mechanism of receiving gold donations from the community, whether the donations are gifts or temporary loans at this time of monetary crisis.

Openness in the mechanism, and if required, specification of the use of the gold are important aspects for us all in order that we shall not be entrapped in excessive nepotism.

It is not wrong to lend gold to the government for a long period, say 10 years, in time of crisis when funds are direly needed.

SRI WULANDARI

Jakarta