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)