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World Bank President to Visit Jakarta; Discuss Policy Reforms

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24 July 2017 18:16 WIB

Indonesian Finance Minister Sri Mulyani Indrawati speaks with World Bank President Jim Yong Kim. REUTERS/Yuri Gripas

TEMPO.CO, Jakarta - World Bank President Jim Yong Kim will arrive in Jakarta tomorrow. In his two-day visit, Kim is scheduled to meet President Joko Widodo, Vice President Jusuf Kalla, Finance Minister Sri Mulyani Indrawati, and a number of other ministers discuss policy reforms in a bid to boost revenue and spend it more efficiently. 

"I strongly support the government's efforts to continue reforms that will benefit all Indonesians, including finding ways to better collect and spend revenues to finance development," Kim said in a statement received today.

Read: World Bank Predicts Economy of Indonesia to Grow 5.3 Percent

Kim is also scheduled to participate in the Infrastructure Finance Forum to meet with stakeholders in public and private sectors. The forum is aimed at mobilizing infrastructure financing.  

"Indonesia's infrastructure gap is both an urgent challenge and an enormous opportunity. Effective infrastructure investment is vital to accelerating inclusive and sustainable economic growth, and will help unlock the country's massive potential," Kim said.

Read: World Bank to Finance Indonesia`s Social Assistance Program

The Infrastructure Finance Forum will be held on July 25 and is part of the 'Voyage to Indonesia' events ahead of the 2018 World Bank Group-International Monetary Fund Annual Meetings which will be held in October next year in Bali.

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