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Debt Problems Early Warning

Monday, March 13, 2023

It has been proven that tasking state-owned companies to work on infrastructure projects without proper business and financial consideration will always create serious problems.

arsip tempo : 171927282050.

Ilustration Tempo/Imam Yunianto. tempo : 171927282050.

SINCE the beginning of his term, President Joko Widodo has made it clear that infrastructure development would be his main agenda. Jokowi then relied on construction state-owned enterprises (SOEs) as the main executor to materialize his infrastructure dream. This group of corporations has a nickname: BUMN Karya (Karya SOEs).

It seemed to be an effective strategy. At least, those Karya SOEs always act promptly once the orders have come down the l

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