Day: July 17, 2022

North Sumatra Governor Edy Rahmayadi reviewed the final preparations for the W20 meeting to ensure security and comfort of delegates participating in the gathering to be held in Lake Toba area, on July 18-20, 2022.

“A total of 775 personnel are deployed to secure the W20 event in North Sumatra,” he said here on Saturday.

The Women 20 (W20) is an official G20 engagement group established during the Turkish presidency in 2015.

The objective is to ensure that the gender considerations are mainstreamed into G20 discussions and translate into the G20 Leaders Declaration as policies and commitments that foster gender equality and women’s economic empowerment.

Delegates from 14 countries have confirmed their participation in the W20 meeting which will be organized in Simalungun District, North Sumatra Province.

Joint security teams comprising military and police officers among others are stationed at the W20 meeting venue and other locations such as airport.

Security measures prioritize preventive measures, detection, and law enforcement during the international meeting, Rahmayadi, former commander of the Army Strategic Command, said.

“I make sure that there will be no potential disturbance before, during and after the event,” he said.

The governor called on the public in general to also participate in maintaining security for the sake of North Sumatra’s and Indonesia’s good image internationally.

“North Sumatra must become a good host.The dignity of North Sumatra must be shown,” he said.

The success of securing the W20 meeting will make the W20 delegates to have a good impression of the province, which is famous for its Lake Toba, one of Indonesia’s priority tourism destinations.

“The safety and comfort of the W20 meeting’s participants will become a promotion for Lake Toba,” the retired general said.

Source: Antara News

A motor vessel carrying eight people, including member of the Papuan Legislative Council (DPRP) Yonas Nussy, was reported to have lost contact on Saturday afternoon, a police officer said.

The twin engine boat, owned by the DPRP, was sailing from Jayapura to Serui in Yapen Islands District, Papua Province, on Saturday at 01:00 a.m. local time, Papua Police Spokesperson Sen.Coms.Ahmad Musthofa said.

One of the boat’s passengers called one of the council’s officials at midday informing him that they were still around the Kurudu Island or Tanjung Andei waters, he told journalists here Sunday.

The passenger, however, could not be called back at around 3 p.m. local time on Saturday. As of Sunday afternoon, the DPRP’s boat had yet to reach Serui, the capital of Yapen Islands District, he said.

Musthofa said he received the report of the ill-fated boat that might have gone missing in the waters of Yapen islands District from the council’s official, Marvin Rumkorem, on early Sunday morning.

To search for the missing boat, the Serui police officers had coordinated with their counterparts from the town’s Search and Rescue Agency, he said.

Seven other people aboard the vessel are identified as Jefri Robaha, Alex Donggori, Akwila Waromi, Derek Maniani, Andre Fonataba, Alfred Krisipu, and Kareni, he added.

Source: Antara News

Coordinating Minister for Economic Affairs Airlangga Hartarto has said Indonesia hopes the International Monetary Fund (IMF) will continue to support the G20 Presidency of Indonesia.

“Indonesia hopes that the IMF will continue to support Indonesia’s leadership in the G20,” Hartarto said after accompanying President Joko Widodo who received a courtesy call from IMF Managing Director Kristalina Georgieva at the Bogor Presidential Palace, West Java Province, Sunday.

Indonesia is very worried about rising inflation in various countries, where interest rates in various countries would enter a new regime, namely a global interest rate increase, he noted.

Such a situation could greatly affect the investment needed by Indonesia, he added.

During the meeting with the IMF Managing Director, President Widodo told his guest that the country’s economic condition is much better than that in other countries.

The President also said that the handling of COVID-19 in the country has been going well, and the coverage of the first dose vaccination has reached more than 90 percent, while the second dose over 80 percent.

“This makes Indonesia resilient to the COVID-19 pandemic,” the minister said. Meanwhile, Indonesia hosted the third G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Nusa Dua, Bali, on July 15-16, 2022.

The FMCBG meeting was preceded by hybrid Finance & Central Bank Deputies (FCBD) Meeting on July 13- 14 at the same venue.

The FMCBG Meeting aimed to stimulate the global economy to recover together amid various emerging challenges.

A total of 407 foreign delegates attended the meeting in person and 120 others virtually. In addition, 19 finance ministers and 11 central bank governors were also present.

Source: Antara News

Indonesia’s risk to experience a recession is relatively small compared to other countries, Coordinating Minister for Economic Affairs Airlangga Hartarto stated.after accompanying President Joko Widodo (Jokowi) to receive International Monetary Fund (IMF) Managing Director Kristalina Georgieva at the Bogor Presidential Palace on Sunday.

“Indonesia sees that its domestic situation is relatively good. Some countries have entered recession, but Indonesia has a very small potential for recession compared to other countries, which is only three percent,” he said.

At the meeting with Georgieva, President Jokowi conveyed that Indonesia’s economy is in good condition, illustrated by domestic inflation at 4.2 percent, economic growth at 5.01 percent, and a debt-to-GDP ratio of 42 percent, he said.

“Some countries’ (debt-to-GDP ratio) is 100 percent,”  Hartarto said.

In addition, President Jokowi also explained in the meeting, that the budget deficit is still under control; at around four percent, the trade balance has been surplus for 26 months, and Indonesia’s foreign exchange reserves are at US$135 billion, he said.

Furthermore, the President expressed hope that the IMF can always support Indonesia’s leadership during its G20 Presidency in 2022.

“And, Indonesia hopes that emerging countries and IMF’s will remain positive about Indonesia, as we are concerned about the rising inflation in several countries, (where) interest rates will enter a new regime (scheme), which is an increase in the global interest rate that will affect the investment that Indonesia urgently needs,” Hartarto elaborated.

On the other side, IMF expected that Indonesia’s leadership in the G20 Presidency can encourage the leaders of the world’s largest economies, to support the actions of global institutions that have the ability to help countries facing crises, Minister of Finance Sri Mulyani Indrawati told at the same meeting.

Source: Antara News