Questioning privatization

Questioning privatization

From Koran Tempo

State Minister for State Enterprises (BUMN) Laksamana Sukardi has hoped that the new government will carry on the program for BUMN divestment and privatization to ensure state revenue as well as corporate transparency and efficiency (Tempo Interaktif, Oct. 6).

If the coming government only attempts to cover budget deficits without reviewing the platform of BUMN, when all our state companies are sold out, there will be no significant inflow of funding for future budgets.

What should first be done is to determine the BUMN platform: Will the companies be sold, made solvent, revitalized, the management changed, or subjected to other measures? With strategic planning, our nation will not become a mere seller of assets without management capability.

FAISAL Jakarta