Day: June 21, 2023

Jakarta (ANTARA) – Finance MinisterSri Mulyani Indrawatiattended the invitation to the World Bank Regional Leadership Team Meeting for East Asia and the Pacific in Kuala Lumpur, Malaysia, on Monday.”In this event, I met with policymakers from East Asian and Pacific countries to exchange challenges and opportunities that occur in each country,” she said in an official statement released on Tuesday. Indonesia is currently formulating the state budget for the 2024 fiscal year, she noted. Next year, Indonesia will focus on utilizing the state budget for priority programs. The budget utilization will also cover financing for handling the impact of climate change, an issue on which Indonesia has been very vocal at various international forums. In addition, Indonesia has continued to conduct its digital transformation, which is currently exerting a major impact on the economy, Indrawati said. The minister also commended the support that the World Bank has provided to Indonesia throughout this time in its sustainable and resilient development mission, specifically during the COVID-19 pandemic recovery period. “We expect that this support will continue, including toward developing countries in East Asia and the Pacific that need help,” she said. Earlier, Indonesia had submitted a fund proposal to the World Bank to prepare for future pandemics. “The inking of Indonesia’s proposal for the pandemic fund serves as a milestone for this nation in the effort to better prepare our country in detecting and tackling pandemics in the future,” Health MinisterBudi Gunadi Sadikinsaid here on May 19, 2023. The application for the donation fund began with the sending of a proposal to the World Bank, which was inked by a number of representatives from the Indonesian government. The proposal was handed over to the World Bank’s country director for Indonesia and Timor-Leste, Satu Kahkonen. EDITED BY INE

Source: Antara News Agency

Jakarta (ANTARA) – MPR Speaker Bambang Soesatyo has asked the Ministry of Agriculture to map the need for soybeans in Indonesia so that efforts can be made to increase soybean production.In a statement released on Tuesday, Soesatyo said that it is necessary to increase production to meet the demand for soybeans, especially for the production of tofu and tempeh. He made these remarks in response to data showing that Indonesia’s soybean imports were still high. According to Statistics Indonesia (BPS), Indonesia imported 2.32 million tons of soybeans worth US$1.63 billion last year. Therefore, it is crucial for the Ministry of Agriculture to identify suitable areas for soybean cultivation and make efforts to increase soybean production capacity, Soesatyo emphasized. He also urged the ministry to help improve the welfare and income of soybean farmers, saying that the profit per hectare for soybean farmers is still lower compared to corn and rice growers. “Ultimately, soybean farmers prioritize planting corn and rice because the profit is higher,” he explained. Soesatyo suggested that the ministry provide assistance and distribute superior soybean seeds to farmers as part of efforts to reduce dependence on soybean imports. He also emphasized the importance of creating policies related to soybeans, including improving production, allocating land for cultivation, and imposing limitations on soybean imports. Soesatyo expressed hope that there are right policies that stimulate an increase in domestic soybean supply without relying on imports. Therefore, the Ministry of Agriculture and the Ministry of Trade should formulate targeted policies that would encourage an increase in domestic soybean production, he added.

Source: Antara News Agency

Jakarta (ANTARA) – Finance MinisterSri Mulyani Indrawatiattended the invitation to the World Bank Regional Leadership Team Meeting for East Asia and the Pacific in Kuala Lumpur, Malaysia, on Monday.”In this event, I met with policymakers from East Asian and Pacific countries to exchange challenges and opportunities that occur in each country,” she said in an official statement released on Tuesday. Indonesia is currently formulating the state budget for the 2024 fiscal year, she noted. Next year, Indonesia will focus on utilizing the state budget for priority programs. The budget utilization will also cover financing for handling the impact of climate change, an issue on which Indonesia has been very vocal at various international forums. In addition, Indonesia has continued to conduct its digital transformation, which is currently exerting a major impact on the economy, Indrawati said. The minister also commended the support that the World Bank has provided to Indonesia throughout this time in its sustainable and resilient development mission, specifically during the COVID-19 pandemic recovery period. “We expect that this support will continue, including toward developing countries in East Asia and the Pacific that need help,” she said. Earlier, Indonesia had submitted a fund proposal to the World Bank to prepare for future pandemics. “The inking of Indonesia’s proposal for the pandemic fund serves as a milestone for this nation in the effort to better prepare our country in detecting and tackling pandemics in the future,” Health MinisterBudi Gunadi Sadikinsaid here on May 19, 2023. The application for the donation fund began with the sending of a proposal to the World Bank, which was inked by a number of representatives from the Indonesian government. The proposal was handed over to the World Bank’s country director for Indonesia and Timor-Leste, Satu Kahkonen.

Source: Antara News Agency