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

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

PT Sariguna Primatirta Tbk (Tanobel Group)

Jumat, 13 Mei 2022 - 15:45 WIB

Demand Increases, CLEO Recorded IDR307.7 Billion Sales in Q1-2022

PT Sariguna Primatirta Tbk (Tanobel Group), a public company and manufacturer of Bottled Drinking Water (AMDK) with the IDX ticker code: CLEO: IJ, recorded a 30% increase in sales reaching IDR307.7…