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World is Jealous of Indonesia`s Economy: World Bank President

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26 July 2017 20:14 WIB

World Bank President Jim Yong Kim holds a press conference after a meeting with President Joko Widodo or Jokowi at the Presidential Office in Jakarta on Wednesday, July 26, 2017. Tempo/Amirullah

TEMPO.CO, Jakarta - World Bank President Jim Yong Kim praised Indonesia's economic growth posted last year. In a meeting with President Joko 'Jokowi' Widodo today, Kim said this achievement makes other countries jealous of Indonesia.

In 2016, Indonesia's economic growth reached 5.02 percent.

Read: World Bank President to Visit Jakarta; Discuss Policy Reforms

"Indonesia has a growth rate of more than five percent, which will make most countries in the world envious," Kim said after meeting Jokowi at the Presidential Office in Jakarta, Wednesday.

In the meeting with Kim, Jokowi said he wanted a higher growth rate, as he plans to make Indonesia a high-income country in the not so distant future.

Jokowi has set an economic growth target that's higher than 2016's figures.  

"In line with the global economic recovery, we too must set high economic growth target in 2018, between 5.4 and 6.1 percent," Jokowi had said during a plenary session in March.

Read: World Bank Supports Tax Reform in Indonesia

Kim said the World Bank's meeting with Jokowi is to talk about improvements in development, such as infrastructure and in an effort to increase human resources capacity, which will contribute to economic development.

Kim's visit 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 Nusa Dua, Bali.

AMIRULLAH SUHADA



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