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OECD and KSP reiterate support for Indonesia's inclusive growth

The Organisation for Economic Co-operation and Development (OECD) and the Office of Presidential Staff (KSP) met on Thursday and agreed on several key points to stimulate Indonesia’s inclusive economic growth.

News Desk (The Jakarta Post)
Jakarta
Fri, February 2, 2018 Published on Feb. 2, 2018 Published on 2018-02-02T15:57:51+07:00

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OECD and KSP reiterate support for Indonesia's inclusive growth The Organisation for Economic Co-operation and Development Global Relations Secretariat director Andreas Schaal (right) chats with Indonesian Presidential Chief of Staff Moeldoko at the Bina Graha building in Jakarta on Thursday. (Courtesy of KSP/File)

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he Organisation for Economic Co-operation and Development (OECD) and the Office of Presidential Staff (KSP) met on Thursday and agreed on several key points to stimulate Indonesia’s inclusive economic growth.

The director of OECD Global Relations Secretariat, Andreas Schaal, said Indonesia was one of its key partners and the organization would assist Indonesia’s governance and policy reform to reach the standards set by its member states.

Meanwhile, Presidential Chief of Staff Moeldoko said the government was currently deregulating the economy to stimulate growth and increase the country’s ranking in ease of doing business.

According to OECD’s latest report, Indonesia ranked 72nd in ease of investment, an increase from 91st the previous year.

Indonesia and the OECD are currently developing the Joint Work Program (JWP) on a healthy climate of investment, trade and health; inclusive economic growth, governance improvement, and green growth promotion that will be finalized at the ASEAN ministers and OECD meeting in Tokyo in March.

In October, Indonesia will host the International Monetary Fund and World Bank annual meeting in Bali.

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