Economist Faisal Basri, who failed in his attempt to become governor of Jakarta in 2012 election, criticized Jokowi-Kalla administration’s policies, calling them ‘reckless’. He pointed to the missed targets of tax collections in 2015 and 2016. While the government adjusted 2017 targets to be seen ‘more realistic’ (conservative), Basri believes spending side policy is still reckless. The economist then pointed to uncertainty surrounding financing of light-rail transit (LRT) projects.To subscribe please click here
