Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) has bemoaned the slow growth of the nation's economy, attributing most of the blame on an extensive bureaucracy.
"In nearly 10 years there have not been significant changes, complaints from the business players remain year to year, completion of projects are slow, and the result is that it effects the nation's economy," Kadin vice chairman Natsir Mansyur said, as quoted by Kompas.com on Monday.
Mansyur noted a number of problems that still haunt the nation's economy, such as the high costs of production and logistics, weak competitiveness, bureaucratic problems and high interest rates. More specifically, he said that many ministerial decrees widely contradicts and troubles business people.
"The decrees that are issued by the government only add to the number of issues that slows down national economic growth," he said. "Sometimes the government makes its own policies, which trigger protests from business players. This requires the attention of the government that only has three years left in office."
Kadin hopes that ministries will not issue too many unimportant decrees, especially without consultation with business people. "Let's hope ministerial decrees are not faster or more numerous than the growth of trade and industry at this time. Otherwise, the economy can suffer a slowdown if there are too many decrees," he said.