Opinion

Letter: Sustaining economic growth

| Sat, 11/07/2009 1:03 PM
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This is a comment on an article titled "RI needs reform body: WB," (The Jakarta Post, Nov. 5).

One of the most important drivers of sustainable economic growth is the close cooperation between the government/economy ministries and the private sectors in Indonesia.

This close cooperation will result in a better understanding of the needs and bottlenecks of the private sector, which should be addressed by the reviewing, amending and drafting of new regulations by the government.

Where possible, the government should promote profitable public/private partnerships including for medium- and small-scale enterprises (which, in most countries, are the economic backbone of society) and are a substantially important factor to eradicate poverty in the country.

We all would agree that regulatory reform/coordinating commissions are useful to solve problems and to balance interests and improve the direct investment climate.

However, without the formulation of short-, medium- and long-term strategic policies for several of the key economic sectors in Indonesia, strongly involving the private sector, there will be no guarantee the economic sky in Indonesia will remain clear.

Jan R. Scheele
Bogor, West Java

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