Kedutaan Besar Republik Indonesia
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Embassy of the Republic of Indonesia
Ambassade de la RÉpublique d'Indonésie

Indonesia a good economic example: World Bank

Indonesia is a good example for other states in how to manage the economy of a middle-income country, visiting World Bank managing director Sri Mulyani Indrawati said on Tuesday,08/11/2011  in Jakarta.

The former finance minister of Indonesia praised the country’s performance as a middle-income nation that could manage economic growth and good economic performance amid the 2008 global financial crisis and the ongoing eurozone debt crisis.

“Middle-income countries have increasingly important roles, and the World Bank as a development and enlightenment bank truly wants partnerships [with such countries]. The success of this middle-income country [Indonesia] can be transmitted to low-income countries,” she said, as quoted by Antara.

She said that the importance of middle-income countries had been proven, for example in the 2008 global financial crisis, in which middle-income countries balanced the world’s economy through their good financial performances.

Sri added, however, that Indonesia still faced many challenges ahead despite its economic growth, including improving the quality of its growth and creating welfare equity.

Source : Thejakartapost.com