Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Andin Aditya Rahman
The perennial state budget deficits continue to pressure the Indonesian government to find a solution to strengthen its national accounts.
According to Sri Mulyani, Managing Director of the World Bank Group, one solution to this problem is for the Indonesian government to issue bonds for so called Indonesian diaspora, a group specifically for Indonesians living overseas.
“The state budget always ends in deficit each year. The Government should issue bonds for Indonesian diaspora,” stated Sri Mulyani during the second congress of Indonesian Diaspora in Jakarta on Monday.
According to the former Minister of Finance, countries that have effectively utilized their diaspora have succeeded in financing their state budget including India and Israel.
“India and Israel have successfully used diaspora to finance their state budget,” she stated.
Sri asserted that the sale of these bonds will be restricted to Indonesian citizens. Foreigners would not be allowed to buy such bonds. In addition, these bonds will be specifically targeted at Indonesian diaspora members.
“Many of the diaspora members carry idle cash. If the government can use bonds to absorb that cash, the members of the Indonesian diaspora will buy the bonds instead of foreigners,” explained Sri.
Sri also addressed the issue on the quality of Indonesian migrant workers. She said that migrant workers play an important role in supporting national economic development. However, Indonesian migrant workers often lack necessary skills.
To overcome this, as Sri said, Indonesia needs to pay more attention to its education sector. She believes that if Indonesia can optimize the 20% allocation in the State Budget for the education sector, this would improve the quality of Indonesian migrant workers.
“The budget allocation may be used for the training of workers,” Sri concluded.
(hot/kc)
Fathan Qorib, Andin Aditya Rahman
The perennial state budget deficits continue to pressure the Indonesian government to find a solution to strengthen its national accounts.
According to Sri Mulyani, Managing Director of the World Bank Group, one solution to this problem is for the Indonesian government to issue bonds for so called Indonesian diaspora, a group specifically for Indonesians living overseas.
“The state budget always ends in deficit each year. The Government should issue bonds for Indonesian diaspora,” stated Sri Mulyani during the second congress of Indonesian Diaspora in Jakarta on Monday.
According to the former Minister of Finance, countries that have effectively utilized their diaspora have succeeded in financing their state budget including India and Israel.
“India and Israel have successfully used diaspora to finance their state budget,” she stated.
Sri asserted that the sale of these bonds will be restricted to Indonesian citizens. Foreigners would not be allowed to buy such bonds. In addition, these bonds will be specifically targeted at Indonesian diaspora members.
“Many of the diaspora members carry idle cash. If the government can use bonds to absorb that cash, the members of the Indonesian diaspora will buy the bonds instead of foreigners,” explained Sri.
Sri also addressed the issue on the quality of Indonesian migrant workers. She said that migrant workers play an important role in supporting national economic development. However, Indonesian migrant workers often lack necessary skills.
To overcome this, as Sri said, Indonesia needs to pay more attention to its education sector. She believes that if Indonesia can optimize the 20% allocation in the State Budget for the education sector, this would improve the quality of Indonesian migrant workers.
“The budget allocation may be used for the training of workers,” Sri concluded.
(hot/kc)