Jokowi and IMF Boss Discusses Economic Situation

Ade Hapsari Lestarini    •    Rabu, 02 Sep 2015 15:34 WIB
Jokowi and IMF Boss Discusses Economic Situation
President Joko Widodo (R) with Managing Director of IMF Christine Lagarde at State Palace, Jakarta, September 1st, 2015. (Photo: MI / Panca Syurkani), Jakarta: President Joko Widodo met with the Managing Director of IMF Christine Lagarde, as they discussed the current economic situation.

The Presidential Communication Team Teten Masduki revealed the meeting discussed world economy in general, as how Indonesia as an emerging market responds to the economic slowdown happening in global scale.

"Also discussed were the mid-range economic prospects in the middle of the current wearing economy," said Teten in his press release, as quoted from the webpage of the Secretariat of the Cabinet, Wednesday (9/2/2015).

The discussion, said Teten, covers the economic policy of the United States (US), which will definitely affect world economy, along with the Chinese government devaluating their Yuan currency.

President Jokowi, added Teten, is also showing the economic transformation happening in Indonesia since 1988. Several strategic movement conducted by Indonesia, among others by significantly reducing the fuel subsidy, which had successfully saved Rp207 trillion for infrastructure developments and aids for the poor.

"IMF appreciated the development of infrastructure and human resources which have been conducted swiftly by President Jokowi," he revealed.

Aside from that, Teten explained that Lagarde's visit to Jakarta is actually to attend the International Conference of "The Future of Asia's Finance" on September 1-2, held by Bank Indonesia (BI) and IMF.