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View all search resultsPresident Prabowo Subianto’s Red and White Cooperatives program is deemed a new chapter in the country’s long history of the economic institution that has roots in the Indonesian social value of gotong royong (mutual support).
Experts have criticized the move as a regulatory shortcut that risks legal inconsistencies, undermines the democratic principles of cooperatives and exposes them to poor governance and potential financial pitfalls.
The Defense Ministry is planning to utilize medical laboratories owned by the Indonesian Military’s (TNI) three branches to produce drugs and distribute them through the Red and White Village Cooperatives Program in a bid to lower medicine prices and improve distribution.
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