IMF Managing Director Christine Lagarde

After receiving a compliment from the World Bank in September at the IMF – World Bank annual meeting, Indonesia is now again receiving positive comments delivered directly by IMF Managing Director Christine Lagarde at the summit with the United Nations Economic and Social Council (ECOSOC) at the UN Headquarters in New York, United States of America. The event which was also attended by UN Secretary-General Antonio Guterres was held on Monday (9/24) local time.

In her speech, a very important person from the world monetary institution told the delegates at the meeting that Indonesia should be an example of a country that is able to rise from the risk of extreme poverty. “The essence of the growth of sustainable development is to eradicate poverty to eliminate deprivation,” Lagarde said.

Lagarde assesses that sustainable development in countries in the world has progressed rapidly. She then referred to Indonesia as one example of a country that managed to overcome social problems and poverty.

Also Read: World Bank: Indonesia is Particularly Stable Because it Has a Fundamental and Good Public Policy Response Function

“Currently there has been great progress. For example, Indonesia, which will soon host the World Bank and IMF meetings. The infant mortality rate has fallen by half, maternal mortality is less than one third, and the risk of falling in extreme poverty has fallen by one-tenth of before, “said Lagarde.
She explained the reason why a number of countries were able to overcome the problem. According to Lagarde, these countries carried out structural reforms, so as to develop economic growth in accordance with the international community.

“They are carrying out structural reforms and developing economic growth combined with the joint efforts of the international community which are realized in the Millennium Development Goals,” She explained.

Lagarde also encouraged other countries to emulate Indonesia. She stated that this was the joint task of countries around the world.

“What I said earlier about progress in Indonesia certainly can also be achieved in all corners of the world. It certainly is our joint task to identify how,” Lagarde said.

Indonesian Vice President Muhammad Jusuf Kalla responded to the compliment, JK said that Indonesia was widely praised by world leaders when at home, it was criticized right and left.

Indonesian Vice President, Muhammad Jusuf Kalla a number of executive officials while attending a high-level meeting with the United Nations Economic and Social Council (Ecosoc) at the UN Headquarters in New York, United States.

“Without us knowing it, people consider many things in which Indonesia is a role model, as yesterday the IMF said, poverty is the example in Indonesia,” JK said at the UN Headquarters, New York, Wednesday (09/26/2018).

“We are also somewhat confused, criticized on the left and right in Indonesia, but in the world officially only one country is called (by the IMF), ‘you example Indonesia’, how to overcome social problems and poverty,” he added.

JK also briefly touched on Indonesia’s latest economic situation when a lot of foreign capital came out and the rupiah depreciated. According to him, this condition can make a bad impact on the economic development of developing countries in the future.

“Such conditions not only negatively affect the growth prospects of these countries but also their long-term development agenda,” JK said in an ECOSOC forum in the ECOSOC Chamber, UN Headquarters, New York, Tuesday (9/24).

watch the summit with the United Nations Economic and Social Council video: Here



Please enter your comment!
Please enter your name here