Indonesia will earn US $ 100 as host of IMF-WB meeting

By : Herry Barus And Aldo Bella Putra | Saturday, August 26 2017 - 20:00 IWST

IMF
IMF

INDUSTRY.co.id - Nusa Dua - Indonesia allocated Rp868 billion to host the 2018 International Monetary Fund (IMF) Annual Meeting -Bank World in Bali, but is expected to earn 100 million US dollars from the activity.

"So we still gain a bit, but that's what we can see," said Chairman of the National Committee of the meeting Luhut Binsar Panjaitan in a press conference after carrying out High Level Meeting with IMF and World Bank officials and launching www.am2018bali.go.id Bali Nusa Dua Convention Center, Nusa Dua, Bali, Friday (8/25/2017)

Luhut, who is also the Coordinating Minister for the Ministry of Marine Affairs, explained that the $ 100 million or about Rp1,330 trillion from the big event, where 10 million US dollars was obtained from the tourism sector itself, was derived from sectors supporting activities such as hotels, Transportation, souvenirs, both during activities and after activities.

All the funds, he said, are immediately spread in the community.

Luhut added that in addition to the visible benefits, other unseen benefits that Indonesia will gain are those meetings that can drive the economy in a number of tourist destinations in Indonesia, showing Indonesia's leadership and showing Indonesia's success story in implementing development.

While Finance Minister Sri Mulyani Indrawati who is also Vice Chairman of National Committee of the activity said that other benefits that Indonesia also obtained is the image and reputation that Indonesia is able to carry out large international activities.

Indonesia, she said, could use the momentum to promote Indonesian tourism as delegates from 189 member countries will visit Indonesia.

She compared the amount of funds needed for the promotion of Indonesian tourism abroad so that the people of those countries know and visit in Indonesia.

"Through the IMF-World Bank meeting, the world came to Indonesia, let's take advantage of it," she said.

In the press conference, the Governor of Bank Indonesia was also present as Vice Chairman of the National Committee of the IMF-World Bank 2018 Annual Meeting, Minister of Communications and Informatics Rudi Antara, IMF Secretary Jianhai Lin, and World Bank Group Secretary Yvonne Tsikata.

News Comment

Today's Industry

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…