When the Target is Missed

How to prevent SOEs from either being made milking cows or burdening the country's economy? The answer lies with Laksamana.

December 11, 2001

In the past three weeks, state-owned enterprises (SOEs) have been spotlighted from various angles and weak points. Five of them—Pelindo II, Jasa Marga, PTPN IV, Garuda Indonesia and Telkom—have been audited and the results show their inefficiency level between 1995 and 1999 at Rp8.47 trillion. These SOEs have been required to draw up an advanced plan and to cut their loss potential.

Disclosure of this inefficiency proves to be on

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