Islamic economy the only way

Islamic economy the only way

From Media Indonesia

The recent Cabinet changes have generally received a positive response, particularly the from markets. According to economic observer Revrisond Baswir, the International Monetary Fund, the World Bank and multinational companies remain the most influential parties in the Cabinet shake-up.

The appointment of Boediono gives the impression that the government will not change the pattern and direction of its economic policy. Consequently, this policy will continue to heed the IMF's message of reform, like subsidy annulment, financial and trade liberalization as well as state enterprise privatization.

In my view, the Cabinet reshuffle will never solve the nation's economic problems as long as the spirit of the economic policy remains unchanged and the whole system unaltered. Therefore, I would suggest that both aspects should be based on the Islamic ideology for proper solution.

YENI SUSENTI Bandung