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

IMF-WB 2018 Meeting Puts Indonesia on Spotlight

TEMPO.COJakarta - International Monetary Fund (IMF) managing director Christine Lagardesaid that Indonesia will take center stage when hosting IMF-World Bank annual meeting in Bali inmid October 2018.

“All eyes in the economic world are on Indonesia. This is the right time to reveal success story,” Lagarde said in Washington DC, U.S. on Saturday (15/10).

Lagarde added that Indonesia can gain additional value by hosting this event since this event can leverage business activities.

“This will leverage business since people will stay at hotels, eat at restaurants, and spend money. There will be results gained from this annual event,” she said.

Lagarde explained that Indonesia deserves to be the host since Indonesia has good economic indicators and sufficient foundation in policy.

The indicators are evident in strong blend of policies that are able to strengthen economic defense and growth and structural reform one of which is through tax revenue.

“Indonesia has focus and efficiency. This progress is evident from growth projection of 5.2 percent or 5.3 percent,” she said.