Deputy Chairman of Commission VI of the Indonesian House of Representatives Muhammad Sarmuji assessed that the proposal to turn SOEs into cooperatives was unreasonable.
"That's a suggestion that is far-fetched because of different types," he also said. In addition, he continued, the contribution of SOEs to the Indonesian economy was very large.
Sarmuji added that the concept of a state-owned enterprise (BUMN) that was originally a cooperative would only cause chaos in the business world.
"It will only cause chaos in the business world," he said. He said, from the business side of SOEs and cooperatives are two different things, this is because cooperatives only consist of individuals, while SOEs have a responsibility to the public because the shares of these companies are state-owned. This can be seen from the assignment that is often given to SOEs to carry out development in the regions, and this cannot be done if they become cooperatives. "BUMN often gets state assignments to economic activities that are not yet feasible but economically must be done, such as toll road construction in many regions. This is impossible for cooperative business entities," he said again. In 2023, BUMN was recorded as having donated dividends to the Indonesian economy as much as Rp. 82.1 trillion, this figure is the largest profit in history in Indonesia.
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SOE Minister Erick Thohir said that the disbandment of state-owned corporations will only lead to new unemployment in Indonesia, considering that 1.6 million people are BUMN employees. "It is the same as creating new unemployment when everyone needs jobs," he said in a written statement received in Jakarta, Sunday.
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