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NEW UPDATES Asean Affairs  19 June 2015  

RI should push structural reform: IMF

The IMF has urged the Indonesian government to pursue a strong structural reform agenda and accelerate infrastructure development to achieve growth and open new employment opportunities.

“Although Indonesia’s economic prospect is promising in the middle term, I keep pushing the government to pursue a strong structural reform agenda,” IMF deputy managing director Mitsuhiro Furusawa said as quoted by Antara on Thursday.

He made the comments in a statement following a visit to Indonesia.

Furusawa said it had been an honor to visit Indonesia for the first time as an IMF deputy managing director. He conveyed his gratitude to Vice President Jusuf Kalla, Bank Indonesia (BI) governor Agus Martowardojo, Coordinating Economic Minister Sofyan Djalil and Finance Minister Bambang Brodjonegoro for sharing views and discussing productively during his visit.

On Tuesday, Furusawa met with the head of the House of Representatives’ finance and banking commission, Fadel Muhammad.

“From the meeting, I want to underline that the IMF is still committed to be Indonesia’s work partner through regular policy dialogues and support in more technical matters,” he said.

Furusawa also discussed wider reform of IMF financing facility and monitoring activities over the last several years, which he said must be adjusted to each country’s needs.

“I want to praise the Indonesian government for the significant steps it has conducted over the last several years to strengthen economic policy and foreign exchange reserves,” Furusawa said.

The steps, he went on, had been implemented through a healthy monetary policy that aimed to strengthen Indonesia’s economic resilience against economic shocks, and through careful fiscal policies, supported by fuel subsidy reforms.

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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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