| : WIB | INDIKATOR |
  • USD/IDR14.389
  • SUN97,14 0,42%
  • EMAS609.032 -0,17%
  • RD.SAHAM 0.66%
  • RD.CAMPURAN 0.16%
  • RD.PENDAPATAN TETAP 0.07%

World Bank advises Indonesia to push for reforms

Rabu, 26 Juli 2017 / 16:11 WIB

World Bank advises Indonesia to push for reforms

JAKARTA. The World Bank is calling on Indonesia to improve its investment climate to lure more investment into infrastructure development.

World Bank Group president Jim Yong Kim advised the government to provide a clearer calculation of risks and returns on investment. Furthermore, it should only offer project guarantees where necessary, so that they did not function as a subsidy.

"By using that principle, you can maximize the government’s support, so you can distribute the budget to the other projects. Tools like the guarantee fund cannot be used as a way of subsidizing private-sector investment," Kim said at the Indonesia Infrastructure Finance Forum in Jakarta on Tuesday.

The leader of the Washington-based institution is on a two-day visit to Indonesia to discuss policy reforms with high-ranking officials, including President Joko “Jokowi” Widodo and Finance Minister Sri Mulyani. The declared goal is to increase state revenue and spend it more efficiently.

Kim also advised the country to reduce privileges for state-owned enterprises (SOEs) over private firms to create healthy competition, cut red tape and further develop the capital market, which could provide long-term hedging for investors. (lnd)


Sumber : The Jakarta Post
Editor: Sanny Cicilia

STATE BUDGET

Komentar
TERBARU
KONTAN TV
Hubungi Kami
Redaksi : Gedung KONTAN,
Jalan Kebayoran Lama No. 1119 Jakarta 12210.
021 5357636/5328134
moderator[at]kontan.co.id
Epaper[at]kontan.co.id
Iklan : Gedung KOMPAS GRAMEDIA Unit 2
Lt 2 Jl. Palmerah selatan 22-28
Jakarta Selatan 10740.
021 53679909/5483008 ext 7304,7306
2018 © Kontan.co.id All rights reserved
Sitemap | Profile | Term of Use | Pedoman Pemberitaan Media Siber | Privacy Policy

diagnostic_api_kiri = 0.0037 || diagnostic_api_kanan = 0.0637 || diagnostic_web = 0.4808

Close [X]
×