Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

IMF Chief Recommends Indonesia`s Infrastructure Development  

2 September 2015 10:06 WIB

Managing Director International Monetary Fund (IMF), Christine Lagarde saat memberikan kuliah umum di Universitas Indonesia, Jakarta, 1 September 2015. Dalam pidatonya Christine mengatakan bahwa Indonesia memiliki satu potensi terbesar yaitu sumber daya manusia usia muda yang tersedia dalam jumlah besar. Berbeda dengan negara ASEAN lainnya, diperkirakan penduduk usia produktif Indonesia akan terus meningkat hingga 180 juta pada tahun 2030. TEMPO/Wisnu Agung Prasetyo

TEMPO.CO, JakartaInternational Monetary Fund (IMF) Managing Director, Christine Lagarde, has recommended infrastructure development as one of the measures that will help rejuvenate Indonesia`s growth.

Lagarde delivered a general lecture at the University of Indonesias Economy and Business Graduate School in Jakarta on Tuesday, where she said modern and efficient infrastructure was vital for connecting people and markets, both within the country and globally.

She also pointed out that infrastructure in Indonesia, especially in the transport and power sectors, was still subpar.

For example, logistics costs account for 24 percent of Indonesia's gross domestic product (GDP), compared with only 13 percent in Malaysia, and because of the disparities in transportation costs, the price of some basic commodities can be 20 times higher in eastern provinces than in Java.

At the same time, electricity rates are about 80 percent higher than universal coverage in Indonesia`s peers.

Lagarde emphasized that reducing transportation costs and ramping up power production could help create jobs in manufacturing and services, as well as help Indonesia connect better and serve global clients.

Moreover, Lagarde noted that infrastructure was also related to the quality of human capital.

"Infrastructure is not just about bridges, railroads, fast trains, but also human capital. So, investment in human resources is also critically important," she noted.

Lagarde further explained that by 2030, about 64 percent of Indonesia`s population would be dominated by youth, hence if there was investment in education, health and various other forms of training, it would unleash the youth potential of the country.

"It also means higher investment in the skills of Indonesian youth and nurturing their entrepreneurship skills. In todays world, harnessing the power of technology and innovation is critical to get ahead," she said.

The IMF chief is visiting Indonesia to participate in a high-level regional conference to be held in Jakarta, entitled, "Future of Asias Finance: Financing for Development 2015," that will discuss new financing modalities for the regions dynamic emerging market economies.

During the first day of her two-day visit, Lagarde also met with President Joko Widodo, Vice President Jusuf Kalla, and senior officials, including Bank Indonesia Governor, Agus Martowardojo, the Coordinating Minister of Economic Affairs Darmin Nasution, and Minister of Finance Bambang Brodjonegoro.

ANTARA




Israeli Soldiers Play with Gaza Women's Underwear in Online Posts

5 jam lalu

Israeli Soldiers Play with Gaza Women's Underwear in Online Posts

Israeli soldiers have been posting photos and videos of themselves toying with lingerie found in Palestinian homes.


Defining Precisely What is 'Downstream' Activity for Indonesia?

7 jam lalu

Defining Precisely What is 'Downstream' Activity for Indonesia?

Indonesia must prioritize expanded downstream policies in natural resource sectors with a bigger impact on small businesses, the environment, etc.


Today's Top 3 News: List of Countries That Do Not Recognize Israel

7 jam lalu

Today's Top 3 News: List of Countries That Do Not Recognize Israel

Here is the list of the top 3 news on Tempo English today.


China Company Leaders Visit BP Batam, Exploring Business Development Potential

8 jam lalu

China Company Leaders Visit BP Batam, Exploring Business Development Potential

A total of 30 manufacturing company leaders from China and members of the Suzhou Hunan Business Association visited BP Batam on Wednesday.


4 Countries That Abolishes Death Penalty, Papua New Guinea Included

8 jam lalu

4 Countries That Abolishes Death Penalty, Papua New Guinea Included

Some countries have abolished the death penalty completely, while others partially.


KPU Says Jokowi Unrelated to Election Dispute Case, Dismisses Ganjar-Mahfud Argument

8 jam lalu

KPU Says Jokowi Unrelated to Election Dispute Case, Dismisses Ganjar-Mahfud Argument

Running pair Ganjar-Mahfud argues that President Jokowi had committed structured, systematic, and massive fraud in the 2024 elections.


Indonesia's GDP Projected to Rise in 2024

9 jam lalu

Indonesia's GDP Projected to Rise in 2024

Grant Thornton Indonesia estimates that Indonesia's gross domestic product (GDP) will see a 5.3 to 5.7 percent growth in 2024.


Foreign Tourists Flock to Batam Wonderfood & Art Ramadan 2024

9 jam lalu

Foreign Tourists Flock to Batam Wonderfood & Art Ramadan 2024

Batam government claims the event was successful in attracting tourists and stimulating the creative economy sector and MSMEs.


Shallow Sea Earthquake Hits Yogyakarta with 4.7 Magnitude

11 jam lalu

Shallow Sea Earthquake Hits Yogyakarta with 4.7 Magnitude

BMKG reported that a tectonic earthquake shook the Gunungkidul region, Yogyakarta, on Thursday, March 28, 2024, at 03:01 p.m. local time.


ITB Denies Ties with Ferienjob Program in Germany

12 jam lalu

ITB Denies Ties with Ferienjob Program in Germany

Included in the list of 41 universities, ITB has denied any involvement in the problematic Ferienjob program.