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Tuesday, 24 November 2020 08:55

Indonesia Becomes Focus In World Economic Forum Dialogue

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Indonesia is one of the four countries selected as the focus of discussion at the World Economic Forum (WEF), which will bring together the Indonesian government with global leaders, CEOs, and business players.

The WEF meeting entitled Country Strategic Dialogue on Indonesia will take place virtually on Wednesday (25/11) and will be attended by at least 43 leaders of global companies and the Indonesian government, represented by President Joko Widodo and several ministers.

"The choice of Indonesia as a country strategic dialogue by the WEF is considered as a country that has a major role in the economy, region and globally and is considered capable of carrying out policies to balance the handling of the pandemic and national economic recovery," Deputy Foreign Minister Mahendra Siregar said in a briefing to the media, Monday.

Besides, said Mahendra, the choice of Indonesia by WEF partners shows the high level of trust, expectation, and curiosity of many parties, especially business actors and leaders about Indonesia's strategies and policies amid the current global conditions in the context of developments in overcoming pandemics and economic recovery, and sustainable development.

In this forum, Indonesia will specifically convey the progress of national economic recovery efforts related to the application of the Omnibus Law or the Job Creation Law.

"This is our commitment to continue the process of economic reform, especially for improving the investment climate and increasing competitiveness," said Mahendra.

A number of priority sectors that will be developed through a special WEF meeting in Indonesia include digital and information technology and telecommunications, pharmaceuticals, health services, infrastructure, mineral processing, and renewable energy.

Meanwhile, in the health context, the government will convey the development of the situation related to COVID-19 in Indonesia, which includes the percentage of national recovery reaching 84.1 percent or above the global average recovery according to the World Health Organization (WHO), which is in the range of 64.3 percent.

Then, the death rate due to COVID-19 in the country also dropped sharply from 8.6 percent to 3.2 percent.

"We convey that this good trend will continue to be implemented, as well as provide opportunities for us to increase steps for national economic recovery," said Mahendra.

"Of course by looking at the progress of vaccine development that is happening in the world in general and its relation to the access that has been and continues to be built by Indonesia, we hope that the economic recovery conditions will be more stable and strong in the years to come," said Mahendra, who has served as deputy finance minister of the Republic of Indonesia in 2011-2013.  (Antaranews)

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