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Jakarta Post

IMF, WB urge resilience amid rising risks

  • Grace D. Amianti

    The Jakarta Post

Jakarta   /   Fri, October 12 2018   /  12:33 am
Magnificent seven: President Joko “Jokowi” Widodo (center) takes the stage with World Bank president Jim Yong Kim (third left) and International Monetary Fund managing director Christine Lagarde (third right) during a seminar at the 2018 Annual Meetings of IMF-WB Group in Nusa Dua, Bali, on Thursday. The event, which will run until Friday, features 32,000 attendees, including finance ministers and central bankers from 189 nations.(JP/Zul Trio Anggono)(center) takes the stage with World Bank president Jim Yong Kim (third left) and International Monetary Fund managing director Christine Lagarde (third right) during a seminar at the 2018 Annual Meetings of IMF-WB Group in Nusa Dua, Bali, on Thursday. The event, which will run until Friday, features 32,000 attendees, including finance ministers and central bankers from 189 nations.(JP/Zul Trio Anggono)

Magnificent seven: President Joko “Jokowi” Widodo (center) takes the stage with World Bank president Jim Yong Kim (third left) and International Monetary Fund managing director Christine Lagarde (third right) during a seminar at the 2018 Annual Meetings of IMF-WB Group in Nusa Dua, Bali, on Thursday. The event, which will run until Friday, features 32,000 attendees, including finance ministers and central bankers from 189 nations.(JP/Zul Trio Anggono)The International Monetary Fund and World Bank have called for governments to improve economic resilience as it is the most important factor in staying afloat when facing heavier global pressures, while also continuing long-term development programs that will pave the way for better welfare.

In her opening remarks for the Annual Meetings of IMF-WB Group in Bali on Thursday, IMF managing director Christine Lagarde said the global e...