IMF believes indonesia ready to face economic volatility

02, Sep 2015 | Author: Embassy of Indonesia

Source : Antara News

Jakarta (ANTARA News) – President Joko “Jokowi” Widodo said the International Monetary Fund (IMF) believed Indonesia is prepared to face the economic volatility.

“They (IMF) said that we have made good preparations for it,” the President said at the Merdeka Palace on Tuesday responding to the outcome of his meeting with IMF Chief Christine Lagarde.

The IMF pointed out that the current economic conditions in China and the United States will have an unfavorable impact on other countries including Indonesia, the President said.

Asked whether the IMF has made suggestions to improve the Indonesian economy, he said the world body has given its views on the Indonesian economy.

Lagarde met President Jokowi particularly to discuss Indonesias plan to host the annual meeting of the World Bank and IMF in the resort island of Bali in 2018.

“Thats all we talked about, nothing else,” he said.

The President said he and the IMF chief did not talk about efforts to raise the countrys foreign exchange reserves through capital inflows.

Member of the presidential communication team Teten Masduki said the IMF has appointed Indonesia to host the annual meeting in 2018 because they saw that the Indonesian economy has been growing well.

“They (IMF) talked much about global factors including the US and Chinese (economies). They saw that Indonesia will be able to deal with the factors,” he said.

He said the IMF has lauded the Jokowi-JK government for taking two important steps, including infrastructure development and human resources development through education and health programs.

“They saw the steps as the most fundamental things and believed Indonesia will lay foundation for the development of good economy in the future if it focuses on the two things. So they appreciated Indonesia for the infrastructure and human resource development,” he said.
(S012/a014)

For the second time, the Embassy of the Republic of Indonesia in Dhaka will be organising the Indonesian trade, tourism, and investment expo INDONESIAFAIR 2019 in Bangladesh. The Fair will be held at Hall...
Dhaka, 25 Maret 2019: Sebanyak 5 pelaku industri pariwisata Indonesia turut serta pada Dhaka Travel Mart 2019, pameran wisata terbesar di Bangladesh. Kelima pelaku industri pariwisata Indonesia tersebut adalah Absolute Indonesia DMC, INDOtravelista Jelajah...
Dhaka, 26 February 2019: Indonesian Fashion designer Merdi Sihombing showcased his finest creations at Tresemme Bangladesh Fashion Week 2019. During the prestigious annual event held in Dhaka on 25 February 2019, he showcased his...
In order to explore opportunities for business and investment cooperation, the Indonesian Ambassador to Dhaka and the Economic Counselor held a meeting with the Chittagong Deputy Commissioner, Mr. Md. Elius Hossain in DC Chittagong...
The Indonesian embassy premises in Dhaka turned festive for a few hours on the occasion of the Independence Day of the country on Saturday. The presence of the members of the Indonesian community in...
Amid much festivity and fanfare, the ASEAN Day 2018 was celebrated in Dhaka on Wednesday. Marking the day in a befitting manner, the ASEAN Dhaka Committee (ADC) organised the ASEAN Flag Raising Ceremony at...