Turn off Jiwasraya, not Bailout
Senior Economist at the Institute for Development of Economics and Finance (Indef), Faisal Basri, assessed that Jiwasraya’s bailout was not the right way to deal with customer policy defaults, resulting in alleged corruption cases in this red plate insurance. On that occasion, Faisal Basri precisely assessed that Jiwasraya Insurance was turned off. “I think it’s better to turn it off, …