Sandiaga Uno: Economic Policy Package 16 Establishes Panic From the Government
Pojok Pos. Candidate candidate number 02 Sandiaga Uno stated the 16th economic policy package issued by the government last weekend as a form of panic. This policy package was issued because the Indonesian economy was in a bad condition.
According to him, poor economic conditions were marked by the weak domestic industry exports. Moreover, Indonesia's investment is not good. "The 7 percent economic growth target, in fact, is only around 5 percent. Finally it was revised, "said Sandiaga in Kebayoran Baru, South Jakarta, Wednesday (11/21). "Because it is below the target, we know that the economic conditions are not in good condition."
The issuance of the 16th economic policy package, he continued, precisely confused many parties. Because, the new formula produces a lot of confusion. This was because the government had mentioned that there were 54 business fields opening up for foreign investment through the relaxation of the Negative Investment List (DNI).
However, after getting a lot of criticism, the government then stated that only 25 business fields were actually opened to foreigners. "This creates uncertainty. As soon as the release is revised and the other is wait and see, "Sandiaga said.
The government, in continuing, should first ensure the economic policy package from the outset. So, between ministries do not differ from one another. The government should also hear aspirations from various business fields in Indonesia, especially micro, small and medium enterprises (MSMEs).
Moreover, MSMEs contribute 60 percent to the Indonesian economy. As much as 97 percent of employment in Indonesia is created by MSMEs. In addition, MSMEs are the solution to overcome economic inequality.
According to Sandiaga, this needs to be done to address Indonesia's economic problems appropriately. "His name is to make a prescription for drugs to treat fever, yes, a proper diagnosis must be made," he said.
From the same camp, former Finance Minister Fuad Bawazier considered the XVI economic policy package was not right because it was trying to improve the economy through increased investment. In fact, the current economic problems arise due to declining purchasing power and the level of consumption of the people.
Meanwhile, the industry is experiencing excess production. Fuad explained, production growth in the second quarter of 2018 was 5.27 percent. The consumption growth only reached 3.9 percent. "There are stocks that are not absorbed by the market, the numbers are very serious," said the member of the Gerindra Party Advisory Board.
He considered the economic policy package issued by the government would be in vain. Because, the policy is considered not going to be able to push the condition of the Indonesian economy will be better.
Therefore, Prabowo Subianto-Sandiaga offers a program that is claimed to be more appropriate to address Indonesia's economic problems, particularly related to the current account deficit. The program is to increase labor-intensive industrial exports and national production sources.
The opposition candidates in the 2019 Presidential Election also offer employment opening programs, especially through MSMEs and entrepreneurs. Furthermore, they will limit imports which are considered too wasteful now.
Another thing is to make savings on things that are considered too ceremonial. "This gives a message that the government is serious about making savings," said Sandiaga.
According to him, poor economic conditions were marked by the weak domestic industry exports. Moreover, Indonesia's investment is not good. "The 7 percent economic growth target, in fact, is only around 5 percent. Finally it was revised, "said Sandiaga in Kebayoran Baru, South Jakarta, Wednesday (11/21). "Because it is below the target, we know that the economic conditions are not in good condition."
The issuance of the 16th economic policy package, he continued, precisely confused many parties. Because, the new formula produces a lot of confusion. This was because the government had mentioned that there were 54 business fields opening up for foreign investment through the relaxation of the Negative Investment List (DNI).
However, after getting a lot of criticism, the government then stated that only 25 business fields were actually opened to foreigners. "This creates uncertainty. As soon as the release is revised and the other is wait and see, "Sandiaga said.
The government, in continuing, should first ensure the economic policy package from the outset. So, between ministries do not differ from one another. The government should also hear aspirations from various business fields in Indonesia, especially micro, small and medium enterprises (MSMEs).
Moreover, MSMEs contribute 60 percent to the Indonesian economy. As much as 97 percent of employment in Indonesia is created by MSMEs. In addition, MSMEs are the solution to overcome economic inequality.
According to Sandiaga, this needs to be done to address Indonesia's economic problems appropriately. "His name is to make a prescription for drugs to treat fever, yes, a proper diagnosis must be made," he said.
From the same camp, former Finance Minister Fuad Bawazier considered the XVI economic policy package was not right because it was trying to improve the economy through increased investment. In fact, the current economic problems arise due to declining purchasing power and the level of consumption of the people.
Meanwhile, the industry is experiencing excess production. Fuad explained, production growth in the second quarter of 2018 was 5.27 percent. The consumption growth only reached 3.9 percent. "There are stocks that are not absorbed by the market, the numbers are very serious," said the member of the Gerindra Party Advisory Board.
He considered the economic policy package issued by the government would be in vain. Because, the policy is considered not going to be able to push the condition of the Indonesian economy will be better.
Therefore, Prabowo Subianto-Sandiaga offers a program that is claimed to be more appropriate to address Indonesia's economic problems, particularly related to the current account deficit. The program is to increase labor-intensive industrial exports and national production sources.
The opposition candidates in the 2019 Presidential Election also offer employment opening programs, especially through MSMEs and entrepreneurs. Furthermore, they will limit imports which are considered too wasteful now.
Another thing is to make savings on things that are considered too ceremonial. "This gives a message that the government is serious about making savings," said Sandiaga.
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