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Friday, 29 November 2024 08:29

Indonesia Strengthens OECD Membership Bid to Achieve Vision 2045

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VOInews, Jakarta: Indonesia is making significant strides in its bid to join the Organisation for Economic Co-operation and Development (OECD), aiming to enhance its global role and support its Vision 2045 of becoming a high-income nation. Currently undergoing the accession process alongside countries like Argentina, Brazil, and Thailand, Indonesia is conducting a self-assessment of its policies, regulations, and national standards against OECD benchmarks, to be outlined in an Initial Memorandum.  

 

As part of this process, OECD Secretary-General Mathias Cormann visited Indonesia from November 25–28, 2024. His visit included a luncheon meeting with Coordinating Minister for Economic Affairs Airlangga Hartarto on Wednesday, November 27. The discussions covered Indonesia's economic developments under President Prabowo Subianto’s administration and updates on the nation’s OECD membership progress.  

 

“I would like to thank the OECD for launching the Indonesia Report yesterday. Most of the issues have been reported to the President, and hopefully, some points align with the government’s plans, including the green energy roadmap, energy security, and the free nutritious food program, which is a priority,” said Minister Airlangga.  

 

Minister Airlangga emphasized Indonesia’s ongoing reforms across various sectors to align with OECD standards. These reforms involve adjustments in budget allocations and organizational structures by relevant ministries. He assured that the OECD task force would promptly adapt its framework to support these changes.  

 

Secretary-General Cormann acknowledged Indonesia's efforts, highlighting the mutual benefits of its accession. He noted that Indonesia’s pioneering role in the ASEAN Digital Economy Framework Agreement offers valuable insights for OECD members. “I believe that together, we can work to further enhance Indonesia’s growth. The accession process spans a wide range of economic, social, and environmental policies, focusing on identifying and applying global best practices,” he stated.  

 

The Secretary-General also expressed hope that Indonesia’s OECD membership would support its goal of achieving high-income status by 2045. He reiterated that the accession process provides a unique opportunity for Indonesia to refine its policies while contributing valuable lessons to the global community.  

 

During his visit, Secretary-General Cormann also attended the launch of *The OECD Economic Survey of Indonesia 2024* on November 26. This flagship publication offers a detailed analysis of Indonesia’s economic policies and performance, serving as a critical platform for dialogue between OECD and policymakers worldwide.  

 

The meeting was attended by prominent officials, including the Deputy Minister of Investment and Downstreaming, the Deputy Minister of National Development Planning, Indonesia's Ambassador to France and UNESCO, and other senior representatives from the Ministry of Economic Affairs and related institutions. Their presence underscored the significance of Indonesia's OECD membership aspirations in shaping its long-term economic trajectory.  

 

Source: ekon.go.id

 

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