Meeting Jokowi, World Bank Delegation Praises Indonesia’s Economy

President Joko Widodo (Jokowi) has just received a delegation from the World Bank. During the meeting, the World Bank delegation praised Indonesia’s economic development. The delegates who attended were Axel van Trotsenburg as Managing Director of Operations, Manuela V Ferro as Regional Vice President of East Asia and Pacific, and Satu Kahkonen as Country Director of Indonesia and Timor-Leste. At the meeting, Jokowi was accompanied by the Minister of National Development Planning (PPN)/Head of Bappenas Suharso Monoarfa. Suharso said the World Bank congratulated Indonesia’s G20 presidency. The World Bank delegation also has high hopes for Indonesia in this G20 presidency.

            “The World Bank hopes that Indonesia can do something with this presidential opportunity. Then the President said that he hopes that later there will be a communique that can be produced at the next meeting in Bali,” said Suharso in his statement, Thursday (14/7/2022).

            The World Bank also gives a positive assessment of Indonesia’s current economic development. Among countries that are currently facing a difficult situation, Indonesia is relatively able to maintain economic stability by maintaining an economic growth rate of around 5%. The World Bank also advises Indonesia to boost its economic growth from other sources, such as exports. Regarding exports, the World Bank considers the need for a structural reform that can reduce tariffs. The World Bank also stated its commitment to support Indonesia in terms of food security and energy transition, including praising Indonesia for preparing a roadmap for a green economy going forward.

            “Indonesia has done it in stages and then has also stated the World Bank’s commitment to supporting financing in energy, blue economy, food security, mangroves, and climate change, approximately around US$ 1.6 billion,” Suharso Monoarfa said.

July 14, 2022, DetikFinance(https://finance.detik.com/berita-ekonomi-bisnis/d-6179119/bertemu-jokowi-delegasi-bank-dunia-puji-ekonomi-ri