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Jakarta Post

Indonesia goes all-out for IMF-World Bank meeting

  • Rachmadea Aisyah

    The Jakarta Post

Jakarta   /   Tue, March 13, 2018   /   09:13 pm
Indonesia goes all-out for IMF-World Bank meeting International Monetary Fund (IMF) managing director Christine Lagarde speaks at an international conference themed: Models in a Changing Global Landscape in Jakarta on Feb. 27 as a series of a preparation for the IMF-World Bank Annual Meetings 2018 in October. (Antara/Sigid Kurniawan)

The Indonesian government is going all-out as it prepares to host the upcoming IMF-World Bank annual meeting, which is set to take place in Bali this October.

Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan told the press on Tuesday that among the measures the government would prepare for the convenience of meeting attendees were extra flights, high-speed internet coverage, security personnel and more than 60 holiday destinations.

The measures include negotiating for extra business-class and executive-class seats on state carrier Garuda Indonesia’s flights, placing more than 12,000 military personnel and police officers on guard and readying 21 hotels to accommodate as many as 20,000 guests.

"We will ensure everything is catered for," Luhut, who is also the head of the meetings' organizing committee, said. "We have also conducted studies to ensure that none of the Rp 800 billion (US$58.26 million) budget for the event goes to waste."

Read also: Bali ready to host IMF-WB annual meeting: IMF official

Speaking at the press briefing, Finance Minister Sri Mulyani said that infrastructure and financial technology (fintech) development would be among the main agendas of the meetings.

Bank Indonesia Governor Agus Martowardojo added that discussions on ways to ensure inclusive and sustainable global economic growth would also feature prominently in the event. -- JP/Dea