The new deregulation package

The new deregulation package

The government has once again launched deregulation measures
in anticipation of the new world trade order in the wake of the
GATT and Uruguay Round arrangements. Since May last year the
government has issued four such packages.

Deregulation has apparently become a part of the government's
policies that is difficult to avoid, especially in the light of
the global drift towards fiercer competition in the non-oil
sector, where our exports have shown a declining trend.

But deregulation should not merely be a tool for anticipating
the increasing risks which foreign investors must face. It should
also help to eradicate monopolistic and oligopolistic tendencies
that have a negative impact on the Indonesian economy.

-- Suara Pembaruan, Jakarta