Met President Jokowi, the World Bank Offers Support Funds by US $ 11 Billion

President Jokowi accompanied by several ministers received a World Bank delegation led by Jim Yong Kim, in the office of President, Jakarta, Wednesday (19/5) morning

Delegation led by President of World Bank Group, Jim Yong Kim offers fund support of up to 11 billion dollars to new funding for 3 (three) to 4 (four) years for Indonesia. This offer was delivered by President of World Bank Group Jim Yong Kim, when he met President Joko Widodo (Jokowi), in the office of President, Jakarta, Wednesday (20/5) morning.

From the financing plan by 11 billion US dollars, the 8 billion US dollars of which came from the World Bank through the International Bank for Reconstruction and Development (IBRD), and 3 billion US dollars came from the Multilateral Investment Guarantee Agency (MIGA).

According to Kim, the World Bank wants to make a commitment in the largest funding in Indonesia through the World Bank’s representative in Jakarta. “We want to share with Indonesia on the global knowledge and technical expertise in various sectors such as energy, health, education, economic, maritime, to the public service in the region,” he said.

On that occasion, Kim praised Indonesia’s economic growth reached an average of 6 percent in the last 10 years. Indonesia also successfully alleviates half of the number of poor people in the last 15 years to a current figure of 11.3 percent.

“Helping 25 million people out of poverty in less than one generation is the great achievement,” Kim said.

Focus on Three Areas

Coordinating Minister for Economy Sofyan Djalil argued, the World Bank is a partner of the Indonesian government, and will be partners in the future.

According to Sofyan, President Jokowi already provide direction that the future government will focus on three areas, namely health (especially health-related numbers of maternal and toddlers nutrition); improving the business climate, in particular the ease of investing in Indonesia; and the development of tourism in line with the World Bank wishes to bring greater travelers to Indonesia.

While receiving the delegation of the World Bank, President Jokowi accompanied by  Coordinating Minister for Economy, Sofyan Djalil, Minister of Finance, Bambang Brodjonegoro, and Cabinet Secretary, Andi Widjajanto (Humas Setkab/ES)