Stimulus Funds as Safety Valve
Tuesday, November 5, 2002
To face the negative impact of the Bali bombing, the government plans to increase the economic stimulus to Rp5.9 trillion. In line with that, various assumptions serving as the basis of the 2003 Draft Budget will also be changed.
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The key to growth is investment, especially during these troubled times. If the business world is reluctant to do so, then someone else must take over the task. In an emergency, post-Bali bombing situation, it is the government that must take the lead in investment. Appeals to revoke travel bans to Bali will not mean much when one is under the shadow of economic bankruptcy. The government cannot simply wait for foreign tourists and investo
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