Finance Minister Sri Mulyani Meet Investors in London

By : Herry Barus And Aldo Bella Putra | Saturday, June 23 2018 - 15:30 IWST

Menkeu Sri Mulyani (Foto Setkab)
Menkeu Sri Mulyani (Foto Setkab)

INDUSTRY.co.id - London - Finance Minister Sri Mulyani Indrawati travels to the United Kingdom to meet investors at Bloomberg headquarters in Europe and UK Finance Minister Philip Hammond in a series of UK-Indonesia Economic Forum series events in London.

Finance Minister Sri Mulyani Indrawati initiated activities with television interviews in Bloomberg Emerging Market Insights that was broadcast globally and instantly.

Interviews with Guy Johnson and Tom Keene, Bloomberg TV host, focused on the impact of the development of "trade war" between US Brush and China on the world economy, Asia, ASEAN and Indonesia. It is also about the turmoil in emerging countries due to the normalization of monetary pricing in the United States and Europe.

Minister of Finance believes that this time is the right moment to give a message that Indonesia remains an investment destination with stable and fundamental conditions are strong and unchanged.

On this occasion, the Young Indonesian Professionals Association (YIPA) in Great Britain took Bloomberg to conduct the Bloomberg Executive Roundtable event supported by the Ministry of Finance of the Republic of Indonesia and the Indonesian Embassy in London.

"The event commemorates the entry of Indonesia Rupiah Bonds since early June 2018 in the Global Aggregate Index, one of the world's most widely used stock market indices," Steven Marcelino, Executive Director of YIPA in the UK, told Antara London on Friday.

On this occasion, Finance Minister Sri Mulyani Indrawati gave an update on Indonesia's economic development, government economic policy, tax reform and focus in infrastructure development along with Bank Indonesia Senior Deputy Governor Mirza Adityaswara who gave a presentation on BI monter policy. Duo Menkeu and Senior Deputy Governor of BI succeeded in convincing senior investors of emerging markets with assets of trillions of ASD to increase their investment in Indonesia in the context of dynamic world economic change, namely interest rate increase in the United States, the outflow of capital from emerging countries and the strengthening of currency ASD. Investors give high appreciation for the transparency and commitment of the Indonesian government to sustainable engagement investors.

Discussion followed by Suahasil Nazara, Head of Fiscal Policy Office, Luky Alfirman, Director General of PPR, Wempi Saputra Chief of Staff for Finance, Adam M. Tugio, DCM Embassy of the Republic of Indonesia, Hidayat Amir, Head of BKB Budget Policy Center, Loto S Ginting, Director of Sovereign Debt Instruments DJPPR and Donny Hutabarat Head of Bank Indonesia London for EMEA.

At the end of the session, the Minister of Finance and Senior Deputy Governor of BI received input and information from investors on the development of emerging countries such as Argentina, Brazil and Turkey which are facing more extreme turmoil. The event was closed by Founder and CEO Michael Bloomberg, where the former mayor of New York is also providing his latest book, `Climate of Hope, which deals with climate change.

"Since 2017, the Ministry of Finance has been actively supporting YIPA in the United Kingdom in the UK-Indonesia Economic Forum initiative to promote UK-Indonesia relations in business and investment through the community of future business leaders," said Steven, a consultant strategist at Accenture London.

Economic diplomacy activity is an annual event opened by Ambassador of Indonesia to United Kingdom and Ireland. Rizal Sukma. Finance Minister Sri Mulyani Indrawati also became the main speaker in the activities with the topic of Indonesia Economic Outlook. YIPA's annual event ([email protected]) is to position Indonesia forwards for Investors in London as the center of the financial sector in Europe. (Ant)

News Comment

Today's Industry

COVID-19 Emergency Hospital in Kemayoran Athletes Village (Photo by: PR of Ministry of Health)

Kamis, 13 Mei 2021 - 06:10 WIB

Gov’t Completes Incentive Payment for Volunteers at Kemayoran Athletes Village

Ministry of Health, on 6-10 May 2021, has completed incentive payment of December 2020 for 1,613 volunteers working at COVID-19 Emergency Hospital in Kemayoran Athletes Village amounting to…

Vice President Ma’ruf Amin chairs a virtual meeting of the Regional Autonomy Advisory Council (DPOD), Tuesday (11/05). Photo by: BPMI of Vice Presidential Secretariat

Kamis, 13 Mei 2021 - 05:00 WIB

Special Allocation Fund during Pandemic Must be Managed in Accountable Manner: VP

The use of Special Allocation Fund (DAK) during the COVID-19 pandemic must take into account the accountability principle, Vice President Ma’ruf Amin has said.

Minister of Religious Affairs Yaqut Cholil Qoumas, Chairperson of the Indonesia Ulema Council (MUI) KH Abdullah Jaidi, and Deputy Head of Commission VIII Ace H Syadzili

Kamis, 13 Mei 2021 - 03:50 WIB

Eid al-Fitr Falls on Thursday, Gov’t Announces

The Government has announced that the first day of Shawwal 1442 Hijri, which marks the Eid al-Fitr 1442 Hijri celebration, falls on Thursday, 13 May 2021.

Minister of Manpower Ida Fauziyah. (Photo by: BPMI Documentation)

Kamis, 13 Mei 2021 - 02:45 WIB

Manpower Minister: Companies Must Protect Loading-Unloading Workers through Social Security Programs

Minister of Manpower Ida Fauziyah told companies to protect their loading-unloading workers (TKBM) through social security program for workers.

Minister of Transportation Budi Karya Sumadi inspected transportation service during the mudik ban period (11/05/2021). (Photo by: PR of Ministry of Transportation)

Kamis, 13 Mei 2021 - 01:39 WIB

Logistics Transport Movement During Mudik Ban Jumps by 70%

Movement of logistics transport via sea toll road has dramatically increased by about 70 percent during the period of mudik (Eid homecoming period) ban, according to Minister of Transportation…