Indonesia's Sri Mulyani Meets Singapore President, Discusses World Economic and Financial Challenges

TEMPO.CO, Jakarta - Indonesian Finance Minister Sri Mulyani Indrawati traveled to Singapore to meet Singapore President Tharman Shanmugaratnam. Both exchanged ideas about the latest world economic and financial challenges.

“I have the precious and extraordinary opportunity to be able to exchange ideas with Singapore President Tharman Shanmugaratnam,” she said in a post on her Instagram account @smindrawati on Saturday, July 20, 2024.

Sri Mulyani said it was an honor for her to sit directly and discuss with Tharman. “Exchanging ideas and discussing various world economic and financial challenges, as well as the current and future challenges of world multilateral cooperation in the current dynamic and very challenging geopolitical situation.”

The State Treasurer said that the conversation with Tharman was very useful for her. This is because she was asked to be an external advisor for the conference organized by the International Monetary Fund (IMF) and the World Bank Group or World Bank since early July 2024.

“This exchange of ideas is useful for me, who is currently asked to be an external advisor for the consultation process to commemorate the 80th anniversary of The United Nations Monetary and Finance Conference (the 'Bretton Woods Conference') since early July 2024,” said Sri Mulyani.

The conference aims to broaden views on the future of the world economy, multinational cooperation, and the role of the two international institutions going forward.

“The World Bank and IMF are pleased to announce the formation of an external advisory group to help guide its implementation. Consisting of Sri Mulyani Indrawati, Minister of Finance of Indonesia, Patrick Achi, former Prime Minister of Cote d'Ivoire, and Mark Malloch Brown, former Deputy Secretary-General of the United Nations,” wrote the IMF and World Bank quoted by Sri Mulyani.

The advisors, in this case, will work closely with World Bank Group President Ajay Banga and IMF Managing Director Kristalina Georgieva.

They will lead discussions with global stakeholders on the shape of the world economy 20 to 30 years from now. “On how multilateralism can happen. And most importantly, on how the World Bank and IMF can support and advance a livable planet.”

ANNISA FEBIOLA

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