The managing director of IMF, christine lagarde praised the economuc policy reforms by president joko widodo during past two years in his reign in his press conference at IMF headquarters in washington DC on thursday october 6th,2016.
IMF considers position of indonesia indispensable in asean regency. Legarde also emphasized the importance of regional organization such as CMI that is joined by asean countries and jepang, korea and china makibng possible for the countries to have currencies swap.
The statement of this IMF managing director was to respond the implementation of IMF bank annual meetings that will be held in bali,indonesia 2018.
According to lagarde president jokowi particularly in reduction of fuel subsidies has provided large fiscal sppace for infrastructure and public services.
As for the information, during 2 years in his term, jokowi has annihilated subsidies for fuel on account of reason that it is not effectively reaching the target of lower classes. Beside, it saves much money to be directed to another vital sector.
IMF appreciated the economic endurance of indonesia in the midst of global sluggish economy trend.
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