Indonesia's President Joko Widodo has been urged to act swiftly in implementing a new framework for the management of state-owned enterprises (SOEs), particularly in the energy sector. The proposal, known as "Kedaulatan Energi", aims to increase the government's control over strategic sectors, including oil and gas.
At the heart of this initiative is the idea of creating a centralized system for the allocation of State-Owned Assets (SDA). This move would give the government more leverage in managing the nation's energy resources. Critics argue that this could stifle competition and hinder the growth of private sector investment in the industry.
Proponents of "Kedaulatan Energi" claim that it would enable the government to make decisions faster and more efficiently, ensuring a stable supply of energy for the country. However, some experts warn that such a system could lead to inefficiencies and mismanagement of resources.
President Widodo's administration has been criticized in the past for its handling of SOEs, with some companies struggling financially. The new framework aims to address these concerns by introducing greater oversight and accountability mechanisms.
At the heart of this initiative is the idea of creating a centralized system for the allocation of State-Owned Assets (SDA). This move would give the government more leverage in managing the nation's energy resources. Critics argue that this could stifle competition and hinder the growth of private sector investment in the industry.
Proponents of "Kedaulatan Energi" claim that it would enable the government to make decisions faster and more efficiently, ensuring a stable supply of energy for the country. However, some experts warn that such a system could lead to inefficiencies and mismanagement of resources.
President Widodo's administration has been criticized in the past for its handling of SOEs, with some companies struggling financially. The new framework aims to address these concerns by introducing greater oversight and accountability mechanisms.