TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

RI business progress remains dependent on govt support: VP

  • The Jakarta Post

Jakarta   /   Mon, May 19 2008   /  11:51 am

Business in Indonesia still relies on political rather than technical or professional support, Vice President Jusuf Kalla said Saturday, which allowed unfair competition among businessmen close to the government. His remarks, read by Agriculture Minister Anton Apriyantono at the 49th anniversary of Tanjungpura University here, pointed at the continuing prevalence of "delinquent" importers, capital flight and bad business practices of Indonesia's entrepreneurs. Ever since the economic crisis of the late 90's, the government had introduced various policies to attempting to reestablish economic foundations to create sustainable and high quality economic growth, Kalla had said. But the fact that the economy had maintained growth rates below seven percent had impeded efforts to reduce the country's unemployment and poverty levels, the statement said. Mo...