Fortunately, JP Morgan Not Regarded by Hoax News Coverage
Fortunately, JP Morgan Not Regarded by Hoax News Coverage
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JAKARTA - Minister of Finance (Finance) Sri Mulyani Indrawati said had reason in the decision to strike out JP Morgan Chase Bank, N.A in the list of Bank Perception for tax amnesty program. This decision, she said had been through a process of discussion and length evaluation.
JP Morgan terminated after issuing release which lowers the Indonesia debt rating until two levels. Indonesia's bond rating dropped from overweight become underweight.
"We did an evaluation. The government, Ministry of Finance primarily constantly going to have cooperation with all stakeholders based on the principles of professionalism, accountability, responsible, including the quality of the overall results of his work and especially that cooperation should be mutually beneficial," she said in Ministry of Finance office, Jakarta, Tuesday (3/1).
According to her, the greater name of a research institute, became greater responsibility to maintain the quality of the research results. While, JP Morgan considered not maintain the credibility and accuracy of the research.
"Bigger name, increasingly greater responsibility in terms of quality and the ability to create confidence," she added.
This former Managing Director of the World Bank is confirmed, the decision to terminate the contract with JP Morgan is not because the government does not accept criticism. The government actually receive criticism and input from outside parties, provided that credible.
"If we look at the state budget be a source of confidence problem, we correct them. We do not hesitate to do this correction, because we believe that the relationships that are professional, credible, accountable and beneficial it is very important," she said.
In response to the above, an economic observer from AEPI Jakarta, Salamuddin Daeng call JP Morgan still lucky not charged with treason and spread the hoax on the results of the release.
"Recently, the government is eager to arrests of critics, was charged with treason, defamation and dissemination of hoax news," said Salamuddin as released which recived today.
JP Morgan terminated after issuing release which lowers the Indonesia debt rating until two levels. Indonesia's bond rating dropped from overweight become underweight.
"We did an evaluation. The government, Ministry of Finance primarily constantly going to have cooperation with all stakeholders based on the principles of professionalism, accountability, responsible, including the quality of the overall results of his work and especially that cooperation should be mutually beneficial," she said in Ministry of Finance office, Jakarta, Tuesday (3/1).
According to her, the greater name of a research institute, became greater responsibility to maintain the quality of the research results. While, JP Morgan considered not maintain the credibility and accuracy of the research.
"Bigger name, increasingly greater responsibility in terms of quality and the ability to create confidence," she added.
This former Managing Director of the World Bank is confirmed, the decision to terminate the contract with JP Morgan is not because the government does not accept criticism. The government actually receive criticism and input from outside parties, provided that credible.
"If we look at the state budget be a source of confidence problem, we correct them. We do not hesitate to do this correction, because we believe that the relationships that are professional, credible, accountable and beneficial it is very important," she said.
In response to the above, an economic observer from AEPI Jakarta, Salamuddin Daeng call JP Morgan still lucky not charged with treason and spread the hoax on the results of the release.
"Recently, the government is eager to arrests of critics, was charged with treason, defamation and dissemination of hoax news," said Salamuddin as released which recived today.
(rnz)
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