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Saturday, 22 October 2022 11:20

President: Around 66 Countries Might Become IMF 'Patients'

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President Joko Widodo (Jokowi) once again said that the current world condition is in a very difficult position. He revealed, it is estimated that there will be 66 countries that are prospective 'patients' of the International Monetary Fund (IMF).

This was conveyed by the President when giving a speech at the 58th Golkar Anniversary event, at the Jakarta International Expo, Friday (21/10/2022). "Now there are 14 countries that have been admitted as IMF patients, and they have become patients," said the President.

"And 28 more countries are already queuing at the IMF's door. It is estimated that the figure for 66 countries will appear," he said.

He said this happened because next year the global economy is predicted to get darker. The reason is, rising food prices, energy scarcity makes inflation in a number of countries soar.

On a separate occasion, the President said that Indonesia should be grateful that in the midst of a crisis, the country's economy is growing well. In fact, said the President, IMF Managing Director, Kristalina Georgieva, called Indonesia a "bright spot in the midst of the gloom of the world economy".

"It's not us who are talking, (but) the IMF's Managing Director Kristalina. The bright spot in the gloom of the world economy," said the President, Wednesday (19/10/2022).

In a telephone conversation with Kristalina, the President also received news that 16 countries had become "patients" of the IMF. Meanwhile, 28 other countries are waiting in line at the IMF door.

"Because the figures we saw last month's trade balance was still a surplus of 5.7 (percent). Credit grew 10.7 percent, the Consumer Confidence Index was still at 124.7," he said.

However, the Head of State reminded all parties to continue to work hard. Because this is the main key in dealing with difficult conditions like now. (RRI)

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