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Indonesia new 5-year development plan more strategic

Source
AFX-Asia - September 12, 2000

Jakarta – Coordinating Minister for Economic Affairs Rizal Ramli said Indonesia's five-year National Development Programs plan will adopt a more strategic and selective approach to reflect the current changing environment.

"Unlike the previous ones, [the current five-year programs plan] adopts a more strategic approach and focuses only on priority issues that need prompt action," Ramli told members of parliament before submitting a bill on the five-year plan to the lower house of parliament, the People's Representative Council (DPR).

Ramli said in a crisis situation such as the country finds itself at present, development will have to focus on pressing fundamental issues, as opposed to the previous developmental approach that was more comprehensive and sector-oriented.

Ramli said the current plan has five major objectives: – to develop a democratic political system and maintain national unity – to uphold the supremacy of the law and clean governance – to accelerate economic recovery and strengthen the basis for sustainable and just development – to improve people's welfare and cultural resilience, and – to promote regional development.

On the first objective, Ramli said the program includes measures to decrease the military's political role, including steps to reform the military institution.

On the third objective, he said macroeconomic stability, completion of bank restructuring and corporate debt restructuring will be focused on to accelerate economic recovery.

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