It’s the Business Sector, Stupid!

BI has issued new credit regulations. These are politically influenced, and will not solve the problem.

April 10, 2007

EVERY effort by the government to help small- and medium-sized enterprises (SMEs) deserves support. But Bank Indonesia’s latest move in issuing credit regulations for these companies is not the right way to promote their growth. If you want your child to be smart at mathematics, you do not teach it biology.

It is easy to suspect that issuing these regulations may have been rather forced. People knew that Vice President Jusuf Kalla had heaped s

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