Economic Policies under SBY's Second
Term
On November 5, 2009, President SBY
announced 15 of his cabinet priorities
for his second term in the office. Among
the 15, six were the responsibilities of
his Economic Ministers. The six were:
1.
To revitalize electricity sector.
The government realized that the current
electricity condition is a hinder and
obstacle to economic development,
business and investment.
2.
To increase productivity and food
resilience
The government would re-formulate the
master plan for this matter, including
the supportive factors to boost
production and food resilience.
3.
To revitalize fertilizer and sugar
factories
Regarding to revitalize sugar factories,
the government had prepare a
1-trillion-fund to replace the machines
in these factories.
4.
Infrastructure Development
Top priorities for this are provincial
or main island roads, ports and
harbours, fishing docks, and airports. A
blue print should be ready within the
first 100 days of the new term,
including funding plan.
5.
Credit for small and medium enterprises
(SMEs)
There would be improvements in
mechanisms and regulations, as well as a
re-arrangement of the banks and other
financial bodies that gave credit to the
SMEs.
6.
Invesment and Funding
The government needed to find other
sources of funding beside the Government
Spending Allocation Budget. The
Government would discuss this with banks
and other financial bodies.
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