PDI Perjuangan's plan for economic recovery
PDI Perjuangan's plan for economic recovery
JAKARTA (JP): PDI Perjuangan has pledged to build an independent judicial system and clean and credible government, empower democratic institutions and reform state institutions to restore confidence in the government if it is given power.
Confidence restoration is one of the five main points of the framework for Indonesia's economic recovery, Megawati Soekarnoputri, chairwoman of the Indonesian Democratic Party of Struggle (PDI Perjuangan), announced on Thursday in her first major speech since the June 7 general election.
The four other pillars of the framework outlined in an attachment to Megawati's speech include: containing social damage, restoring macroeconomic stability, freeing the national economic potential and restarting the economy.
The document says an independent judicial system is vital for guaranteeing legal certainty, restoring public and investor confidence and laying the foundations for sustainable growth.
The attachment provides broad outlines on the strategic direction, objectives and program guidelines of PDI Perjuangan's blueprint for Indonesia's economic recovery.
The following are several excerpts from the attachment:
Programs to create a clean and credible government will include an audit of the personal assets of high officials and the imposition of stringent integrity and moral requirements for high officials.
Democratic institutions will be empowered by allocating an adequate budget for the House of Representatives and expert staff, initiating legislation on the appointment of high officials and requiring the appointment of certain officials to be confirmed by the House.
The court system will be reformed, the independence and welfare of judges will be improved, the professional and technical competence of judges will be upgraded and the appointment of chief justices has to be confirmed with the House of Representatives.
Monetary policies will focus on stabilizing the rupiah exchange rate, reducing interest rates and keeping inflation low.
Fiscal policies will emphasize reducing debt service burdens, increasing tax revenues, realigning expenditure and providing stimuli for social development. Other measures in this area cover the privatization of state companies, restructuring foreign debt, reforming the tax office and improving the welfare of civil servants.
Measures to restart the economy will include restructuring financial institutions and private debts, improving corporate governance, reforming capital and money markets and improving the climate for investment.
Administrative decentralization to the regions will be undertaken in a gradual manner and designed to enhance prudent wealth distribution and unleash regional economic potential as well as ensuring national unity. (byg/vin)