October 25, 2016 edition
The chairman of the Financial Services Authority (OJK), Muliaman Hadad, 56, is optimistic about the coming year. He believes Indonesia will greet the coming year with growth exceeding the 5.2 percent target set by the government. "We can do it if we harness domestic potential optimally and continue with our reforms and transformation programs to enable investment," said Muliaman.
His views do not reflect those of global economic leaders who met at the annual conference of the World Bank and International Monetary Fund (IMF) in Washington, DC recently, at which Muliaman himself attended. Participants at the meeting proclaimed that the world economy was growing exceedingly slow, taking far too long to recover and benefitted only a handful of people. They concluded that the weakening of the global economy which began in 2014, had yet to recover in the coming year.
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September 27, 2016 edition
Chairman Agus Rahardjo was riveted by the list of US Navy defense equipment, complete with their budget details. The chairman's laptop was accessing the website of the US Navy Secretariat. "Everything that is secret here is very open over there," said Agus, who started his term leading the Corruption Eradication Commission (KPK) in January 2016, in an interview with Tempo last week.
Agus said open access to the US Navy budget details meant corruption on even the smallest item would be noticed. Likewise, he urged citizens to serve as an extension of the KPK to ensure that not a dime of state money goes to corrupt pockets. "Every Indonesian must take part in monitoring," he said. The day before, he spoke with lawmakers at the House of Representatives (DPR) on ensuring the clean use of the state budget.
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September 20, 2016 edition