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"There's no business in the private sector that does two-year budgets.
"Government is working as hard as it can, but in the end it's the private sector that does the lending," he says.
Also financially risky, according to the report, is the attempt to introduce market forces to a sector that does not operate as a market.
"Introducing market forces to a sector that does not operate as a market puts the financial sustainability of the sector at risk; the commission recommends retreating from this notion," it said.
"If it is just the official sector that does this, then what you end up doing is bailing out Russian oligarchs," said Alessandro Leipold, chief economist of the Lisbon Council, a research organization in Brussels, and a former top executive at the International Monetary Fund.
A new Consumer Ombudsman was launched this week to deal with complaints about goods or services in any sector that doesn't already have one.
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The private sector that did much to power growth in the 1980s is squeezed by the powerful state enterprises.
Funds that bet on a sector that did well in a market downturn, for example, tend to do poorly when the market rises, he said.
Diplomats and executives say companies in the energy sector that do not want to pay bribes themselves often let Pertamina do the dirty work.
"Clearly, management had been holding out for some turn in the economy, and clearly in the telecom sector that didn't happen," Henry McVey, an analyst at Morgan Stanley, said.
"My gut reaction when I heard about them was that it was a front for the coal industry or some other power-industry sector that didn't want wind power to do well," he says.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com