Private sector to benefit people

Private sector to benefit people

The role of the private sector in the Indonesian economy
demands our attention. The emergence of powerful conglomerates
during the first long-term development plan has raised questions
about equity and justice in economic activities during the past
25 years.

The newly established government regulation No.20/1994
basically provides greater opportunities for foreigners to invest
their capital in Indonesia. Again a question arises on the
probability of foreign companies dominating the Indonesian
economy because they have greater capacity than their Indonesian
counterparts in almost every field.

In this context we should refer to the president's statement
that the government must remain in control of the economy so that
the economic activities are truly aimed at bringing about
prosperity for the people as a whole.

-- Kompas, Jakarta