The cost of the crisis
The cost of the crisis
Indonesia has been suffering from the economic crisis for the past five years. The government and private sector have been making all-out efforts to revive the economy, uphold supremacy of the law, and create stability.
Vice President Hamzah Haz said these efforts to put the economy back on track are estimated at more than Rp 700 trillion.
The figure constitutes Rp 650 trillion spent on the financial and banking sector and the State Electricity Company's (PLN) debt worth Rp 50 trillion, not to mention the government's US$75 billion foreign debt.
The government should thus seek the best way to bring the country out of the protracted crisis. The way out is not difficult to find, if it is sought seriously without any vested interest.
-- Bisnis Indonesia, Jakarta