Thursday, May 31, 2007

Jakarta's Story #7

Falkland reported that the auction process for the presidential palace was going well; the current price was almost twice the reserve.

“What shall we do with the proceeds?” asked Falkland.

“I think we should avoid any grandiose projects. Perhaps we can offer small scale loans,” said Jakarta.

Falkland attended to a few phone call after which he suggested that there should be a live call-in sessions that would be broadcast on Channel 11 to discuss what should be done with funds in the bait-ul-maal that were over and above governmental running costs and contingency funds. Jakarta approved of Falkland’s idea as did Lubang who had just been put in charge of administering the bait-ul-maal.

Within half an hour the live call-in had commenced. The idea of offering small scale loans was well received. Another idea was that some funds should be used to facilitate migration to SA.

Lubang said that all loans issued would be noted on the bait-ul-maal blog together with regular data regarding all flows of money to and from the bait-ul-maal.

One caller said that large-scale loans should be given to the governments of poor countries. Lubang did not think this was a good idea; he thought that the operations of the bait-ul-maal should remain of a modest nature until processes had been observed for quite some time in order to cut off routes for corruption and waste.

Jakarta agreed. He suggested that a better way to help poor people in other countries would be to make migration to SA both attractive and easy. Falkland suggested that upon the conclusion of the call-in there needed to be a discussion about SA’s immigration policies. Beauharnais, the minister responsible for immigration, was summoned. Jakarta also requested the presence of Anglessey, the minister in charge of SA’s ministry of health.

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