Legal certainty enables a stable economy

Legal certainty enables a stable economy

It is interesting to ponder the recent statement made by
Coordinating Minister for Economy, Finance and Industry, Kwik
Kian Gie, that the coming days before the slated signing of a new
Letter of Intent with the International Monetary Fund (IMF) on
Jan. 20 would be of critical importance to Indonesia. In the
coming week, Indonesians must show that they can establish a
climate of legal certainty and that their country is really
stable.

The minister did not specifically mention the factor of legal
certainty, but this is a major factor when investors decide
whether or not to invest their money in Indonesia.

This is why we must urge the government to take stern action
against any people who violate the law in any way in this
country. It is time that the government seriously put an end to
corruption, collusion and nepotism by strictly enforcing the law,
regardless of the person.

Minister Kwik Kian Gie's statement is an important reminder
for us in this time of transparence. On the other hand, it can
also be counterproductive and lead to panic. This is why it is
important for all of us to understand the conditions that prevail
in our society.

-- Bisnis Indonesia, Jakarta