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Asean Affairs  29 April  2015

Unions Supporting President Jokowi Kick out IMF ,ADB and World Bank

International May Day lived four more days. The Federation of trade unions called on workers of the federation State owned United occupied the offices of the World Bank, the Asian Development Bank (ADB) and the International Monetary Fund (IMF) in Jakarta on May 1 action 2015. "This form of support and the realization of the President's Jokowi speech against the IMF, the World Bank and the Asia Develipment Bank in the Asian-African Conference," said the Chairman of the federation of state owned enterprise worker union - unite , Arief Poyuono (27/4).
There is a shifting world reality … Those who say the global economic problems shall only be solved through the World Bank, the IMF and the ADB, these are obsolete ideas,” Joko said. “There needs to be change. It’s imperative that we build a new international economic order that is open to new emerging economic powers.”

The International Monetary Fund and the World Bank are at the center of the Bretton Woods global financial order created by the United States and Europe.He says labour should support, and helped Jokowi to committed against the IMF, World Bank and ADB. The trick is to expel the representatives of the three international financial institutions in Indonesia.
During this time, said Arief, indeed the IMF, ADB and the World Bank strongly influenced and participated in setting economic policies ranging from Indonesia's insistence to make sales of State assets through privatization of state-owned enterprises, oil and gas and mining works contract which is very detrimental to Indonesia.
In addition the  Unions also urged Jokowi to cancel all plans submitt soft loan and  in the form of project from the IMF, ADB and the World Bank

It's appropriate speech Jokowi which says that the world's economic problems can only be solved by the World Bank, IMF and ADB is obsolete view that needs to be disposed of.

It means Jokowi had agreed on behalf of the people of Indonesia who have not used the IMF, ADB and the World Bank because it is very crafty in the economic and development problems and finish in Indonesia, "said Arief.

The reason to support the speech of Jokowi because In addition, the IMF, ADB and the World Bank plays a very active for Indonesia's financial system to be very liberal, make the economy and people's welfare depends on the value of the rupiah exchange rate against the US dollar. "This system make the national economy is very fragile and easy to occurrence of capital flight," said the Arief Poyuono , who is also Vice Chairman of the Indonesia movement party.
The pressure from the IMF, ADB and the World Bank also in 1997 requires that the Government of Indonesia To recover private debts to foreign parties and to bailout all freak assets from debitor of BLBI (Bank Indonesia Liquidity Assistance). The Fund for bail out uses a recapital Fund should be paid through State budget every years and interest annually by the people of indonesia.

Chairman of The Federation State owned Enterprise Worker Unions- Unite

Arief Poyuono

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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