Under Indonesia’s Presidency, UNSC hold a meeting on May 21, on the situation in Libya. Indonesia calls for humanitarian pause during Ramadan to protect civilians and reiterate UNSC calls on 10 May for ceasefire and return to a political solution. In another session Indonesia welcomes the adoption of Resolution 2470 on UNAMI mandate renewal. A strong UNAMI with the capacity to assist the people and the Government of Iraq to address the complex challenges is more relevant than ever. (kemenlu)
Bekraf head Triawan Munaf signed a memorandum of understanding (MoU) or memorandum of understanding with the Director General of the World Intellectual Property Organization (WIPO), Francis Gurry in Geneva, Switzerland, Monday (05/20/2019). The signing was witnessed by the Permanent Representative of the Republic of Indonesia to the United Nations, WTO, and international organizations in Geneva, Ambassador Hasan Kleib.
This cooperation was carried out on the sidelines of the International Conference on Intellectual Property and Development to create systems and policies that support brand development and design in Indonesia. The long-term goal of such cooperation is to create value-added products and services, through intellectual property to brands and designs.
The focus of this collaboration is to develop facilitation of intellectual property through training and creation of Hub and Spokes structures which in turn will enhance the reputation of products and services through brands & designs on a wider market.
In addition to discussing the implementation of cooperation, it is also discussed the possibility of further cooperation between Bekraf and WIPO, including support for Collective Management Institutions (CMOs) for creative and copyright industry players in Indonesia.
Triawan also discussed cooperation opportunities related to the application of digital technology for the management of intellectual property assets for creative industries. One of them includes the possibility of collaboration between the Portamento digital music management platform initiated by Bekraf with the WIPO digital time-stamping service.
Head of Bekraf emphasized that in this era of digital revolution, one of the main keys to increasing competitiveness at the global level is to integrate creative and innovative processes with intellectual property management.
"Cooperation between Bekraf and WIPO will continue to be improved, to support creative industries in Indonesia to take advantage of and also benefit from their creativity and intellectual assets," Triawan said on the occasion.
Meanwhile, Ambassador Hasan Kleib also said that the development of innovation and creativity is one of the priorities of the Indonesian government that continues to be escorted at WIPO, both through bilateral cooperation and through multilateral negotiations for a global intellectual property system that supports Indonesia's national interests. (bekraf)
Minister of Finance (Minister of Finance) Sri Mulyani Indrawati delivered an Introduction and Government Statement on the Macro Economic Framework and the Principles of Fiscal Policy (KEM-PPKF) for the Preliminary Discussion Material 2020 preparation of the State Budget Revised Budget (RAPBN) 2020.
"The Principles of Fiscal Policy 2020 are designed to be able to become policy instruments that can ensure the direction of achieving short, medium and long-term economic development targets," Minister of Finance said at the DPR Plenary Meeting on Monday (20/5).
Representing the Government, Minister of Finance Sri Mulyani Indrawati submitted the Macroeconomic Framework amount as follows: a. Economic growth of 5.3-5.6%; b. Inflation rate of 2.0-4.0%; c. The interest rate of the 3-month SPN is 5.0-5.6%; d. The exchange rate of the Rupiah is in the range of Rp14,000-15,000 / US dollar; e. Indonesia's crude oil price is 60-70 US dollars / barrel; f. Lifting Petroleum as much as 695-840 thousand barrels per day; and g. Lifting natural gas 1,191-1,300 thousand barrels of oil equivalent per day.
Three Strategies
Regarding the fiscal macro strategy that will be implemented by the Government for expansionary fiscal policy, the Minister of Finance said there are three strategies. First, revenue mobilization for widening fiscal space. Second, better spending policies for spending efficiency. Third, increase capital expenditure to form assets and develop creative payments and risk mitigation to control liabilities.
"Fiscal policy is also directed at improving government balance sheets, which are marked by increased assets, controlled liabilities, and increased equity," continued the Minister of Finance.
In terms of income, the government continues to increase the tax ratio through Tax Reform so that it is expected that in 2020 it can reach 11.8-12.4% of GDP.
In addition, state revenues will be boosted through the reform of management of Non-Tax State Revenues (PNBP) through optimizing the management of assets and natural resources, maintaining the quality of public services, improving management of state assets, including insuring them against natural disasters. The government estimates that PNBP in 2020 can reach 2.0-2.5% of GDP.
Meanwhile, state expenditure in 2020 is estimated to reach the range of 14.4-15.4% of GDP. The government encourages higher quality spending to be implemented through massive savings in goods spending, strengthening capital expenditure, reform of personnel spending, increased effectiveness including the accuracy of the target of spending on social assistance and subsidies as well as strengthening transfer spending to the regions and Village Funds.
At present, more than a third of state expenditure is allocated to Transfer to Regional and Village Funds (TKDD) expenditure, improving the quality of fiscal decentralization is expected to drive regional economic improvements. (kemenkeu)
For the first time Indonesia participated in the biannual exhibition of the Salón Internacional de Tecnología de la Defensa y Prevención de Desastre (SITDEF 2019) or the International Exhibition on the Field of Defense and Prevention of Natural Disasters which took place on May 16-19 2019 at the Peru Ministry of Defense in Lima. Peru.
The exhibition which was opened by the President of Peru, in addition to being participated in by Indonesia and host of Peru, SITDEF was also followed by 30 other countries including South Africa, the United States, Brazil, Bulgaria, China, Israel, Italy, Germany, South Korea, Canada, France, Poland, Russia, Sweden, Switzerland, Turkey and Ukraine. Indonesia is the only ASEAN country participating in the 4-day exhibition.
The Indonesian Embassy in Lima displays products from three Indonesian BUMN companies, namely PT Pindad, PT PAL, and PT Dirgantara Indonesia. Indonesia's participation in the SITDEF 2019 exhibition has opened horizons for visitors who do not know Indonesia, that Indonesia has excellent capabilities in defense industry technology. The presence of the Indonesian name at SITDEF 2019 has made the Indonesian name seen as amazed by visitors during the exhibition.
During the four-day exhibition, 809 visitors were visited by the Indonesian booth consisting of 118 people on the first day, 108 people on the second day, 258 people on the third day and 325 people on the last day. Visitors consisted of soldiers and military officers from the three Peruvian Armed Forces and National Police forces as well as the general public of Peru who showed appreciation for the progress of the Indonesian military industry. (Source: Indonesian Embassy in Lima)