n the efforts to strengthen its role in the global arena, Indonesia is currently an accession country to the Organisation for Economic Co-operation and Development (OECD) alongside Argentina, Brazil, Bulgaria, Croatia, Peru, Romania and Thailand.
Indonesia is currently in the process of self-assessing national policies, regulations and standards in comparison to OECD instruments, to be later submitted in the Initial Memorandum document.
In relation to the accession process, OECD Secretary General Mathias Cormann made a working visit to Indonesia from Nov. 25 to 28. During the visit, Secretary General Cormann attended a luncheon with Coordinating Minister for Economic Affairs Airlangga Hartarto on Wednesday (27/11).
The meeting discussed the development of the Indonesian economy, including the focus of the government of President Prabowo Subianto, as well as the development of Indonesia's membership process in the OECD.
"I would like to thank you because yesterday the OECD launched the Indonesia Report. I have reported most of the issues to the President. And of course, hopefully some points, some lines are in accordance with the government's planning, including the roadmap for green energy. And then also in line with energy securities as well as food security programs, including free nutritious food which is also a priority," said Coordinating Minister Airlangga.
Furthermore, he mentioned that Indonesia continues to intensively carry out reforms in various sectors, carried out by a number of related ministries to adjust to OECD standards. In addition, the ministries will also adjust their budgets and structures, so that the OECD task force will also immediately make related structural adjustments.
Responding to the remarks, Secretary General Cormann explained that the accession process will bring benefits to Indonesia and the OECD. The OECD will gain a lot of learning in new sectors, one of which is the digital economy where Indonesia is a pioneer through the ASEAN Digital Economy Framework Agreement.
Furthermore, Secretary General Cormann also expressed his hope that the OECD membership efforts currently being taken by Indonesia can support the achievement of the vision to become a developed country with a high-income economy by 2045.
“I believe that together we can work to support Indonesia to become even better. This accession process covers the entire spectrum of economic, social and environmental policies. And it focuses on identifying best policy practices. Global best practices based on what has worked before,” he said.
Previously, Secretary-General Cormann attended the launch of the OECD Economic Survey of Indonesia 2024 on Nov. 26. The OECD Economic Survey is the OECD’s flagship regular publication conducted through policy dialogue between the OECD and policymakers from developed and developing countries, including Indonesia.
Also present during the occasion were the Deputy Investment and Downstream Minister/Head of the Investment Coordinating Board; Deputy National Development Planning Minister/Head of the National Development Planning Agency; Indonesian Ambassador to France, Andorra, Monaco and the Indonesian Permanent Delegation to UNESCO; Deputy for Investment Promotion of the Ministry of Investment and Downstream, Deputy of Economic Affairs of the National Development Planning Ministry/National Development Planning Agency, Secretary of the Coordinating Ministry for Economic Affairs, Acting Deputy of Coordination of Economic Cooperation and Investment of the Coordinating Ministry for Economic Affairs, as well as echelon II officials within the Coordinating Ministry for Economic Affairs.
This article was published in collaboration with Coordinating Ministry for Economic Affairs Republic of Indonesia
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