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24
July
July
Director of Social Culture and International Organizations for Developing Countries, Ministry of Foreign Affairs, Penny Dewi Herasati when giving her speech on Tuesday July 23rd 2024, (Photo : NK-VOI) -
VOInews, Jakarta : The Indonesian government is committed to strengthening cross-sectoral coordination in strengthening the management of migration of Indonesian citizens. Director of Social Culture and International Organizations for Developing Countries, Ministry of Foreign Affairs, Penny Dewi Herasati, revealed this at the National Symposium on Migration Governance for Sustainable Goals in Indonesia, at Jakarta, Tuesday (23/7).
According to Penny Dewi Herasati, this effort was carried out, among other things, through training and outreach, so that Indonesian citizens migrate through well-managed procedures. To the media, Penny Herasati explained to measure the effectiveness of the existing migration policy implemented, the Migration Governance Indicator (MGI) is used.
"Migration governance indicators are a tool prepared by the IOM (International Organization for Migration) where the government is asked to carry out introspection. So this tool is a tool that will measure how effective our migration policy is, from there we can see whether our migration policy is good enough or there is something that needs to be strengthened based on that tool", Penny added.
Director of Social Culture and International Organizations for Developing Countries, Ministry of Foreign Affairs, Penny Dewi Herasati, explained that cooperation in strengthening migration governance between the Indonesian Government and UN agencies in Indonesia is one of the good practices of the UN's efforts to support increasing Indonesia's capacity.
National Symposium on Migration Governance for Sustainable Goals in Indonesia is organized by the Ministry of Foreign Affairs of the Republic of Indonesia in collaboration with the United Nations Development Program (UNDP), the United Nations Agency for Gender Equality and the Empowerment of Women (UN Women) and the International Organization for Migration (IOM).
This activity marks the peak of the progress of the Migration program Governance for Sustainable Development after running for two years//VOI
24
July
July
Head of United Nations Representative in Indonesia, Gita Sabharwal, giving her speech at the National Symposium in Jakarta on Tuesday July 23rd 2024 (Photo : NK-VOI) -
VOInews, Jakarta : The Indonesian Ministry of Foreign Affairs and the United Nations held a "National Symposium: Migration Governance for Sustainable Development" in Jakarta Tuesday (23/7). The event marked the peak of progress of the Migration Governance for Sustainable Development Program after running for two years.
Met after the event, Head of United Nations Representative in Indonesia, Gita Sabharwal said Indonesia has the largest number of migrant workers. Therefore the UN is collaborating with the Indonesian Ministry of Foreign Affairs and UN Women to ensure migrant workers use travel applications to ensure welfare they.
"So Indonesia is a champion country for migration and we are working very comprehensively from planning to introducing securing livelihood of migrants that are returning back from their countries of work and securing their livelihood of those of the families in the country. In addition we are also working with women migrants and ensuring that they are start using the travel application that has been develop in partnership with Kemlu to secure their live and provide them access to justice to models of justice in their country of origin and the destination country", Gita explain.
Gita Sabharwal added the global agreement on migration reflects the joint commitment of countries to improve migration management.
The Migration Governance Program for Sustainable Development is a collaborative program between the Indonesian Ministry of Foreign Affairs, United National Development Program (UNDP), International Organization for Migration (IOM ) and UN Women. The program is funded by the Migration Multi-Partner Trust Fund (MMPTF).
The program aims to strengthen the capacity of central and regional governments in managing labor migration//VOI
24
July
July
Two Years of Progress: Indonesia Improves Migration Governance for Sustainable Development
Published in Indonesia Today
Migration Governance for Sustainable Development, a collaborative program between the Indonesian Ministry of Foreign Affairs, the United National Development Program (UNDP), the International Organization for Migration (IOM) and UN Women supported by the Migration Multi-Partner Trust Fund (MMPTF), (Photo : NK-VOI) -
VOInews, Jakarta : Migration Governance for Sustainable Development, a collaborative program between the Indonesian Ministry of Foreign Affairs, the United National Development Program (UNDP), the International Organization for Migration (IOM) and UN Women supported by the Migration Multi-Partner Trust Fund (MMPTF), held a National Symposium to marks the culmination of the program's progress after running for two years.
This initiative focuses on increasing the capacity of government officials at the central and regional levels to develop policies and programs that are gender responsive, rights-based, and recognize the potential of migrants as development actors in line with the Global Compact for Migration (GCM).
The project has achieved three important results:
1) Strengthening gender-responsive migration governance.* This project has developed a series of ten studies including the development of migration governance indicators, special training sessions, and facilitation of dialogue on gender-responsive migration at the national and regional levels. This program also supports progress in efforts to protect and strengthen an integrated criminal justice system for female migrant workers who are victims of gender-based violence and human trafficking. This program also integrates several migration governance arrangements into the 2025-2029 RPJMN draft which will be adopted at the end of this year.
2) Increased government capacity at the regional level.* Through special training at the regional level, this project has provided important tools for local governments, including three provinces, and five cities/districts to integrate migration into planning and budgeting and increase capacity beyond 3,000 stakeholders to prevent and respond to violence and human trafficking. This is to ensure that all government stakeholders can effectively manage and utilize migration for development.
3) Promote innovative sustainable financing.* This project has developed and tested three innovative financing and gender-responsive economic empowerment initiatives to support migrant workers to empower their economic capacity.
Migration is often the only option for Indonesian people who have limited opportunities or no opportunities at all. In 2023, the number of Indonesians working abroad will increase by 36.95% compared to the previous year, the majority of whom are women working in the informal sector.
However, these opportunities come with significant risks, including irregular placements, gender-based violence, human trafficking, fraud, and exploitative working conditions. To address this problem, the Indonesian government has adopted the GCM, which aims to maximize the benefits of migration while ensuring comprehensive protection for Indonesian migrant workers.
According to a release received by Voice of Indonesia on Tuesday (24/07/24), the GCM emphasizes effective migration governance and is in line with SDG target 10.7, which focuses on “orderly, safe, regular and responsible migration. Therefore, this project plays an important role in shaping the future of migration governance in Indonesia.
In addition to establishing a sustainable financing mechanism, later this project will officially launch two innovations, namely
(1) the Chat Bot feature, which is an additional feature to complement the existing mechanism, namely a safe travel application that allows quick access for women migrant workers who are victims of violence to seek help.
(2) Juang Mobile Application, which is a financial management application to help migrants manage their expenses effectively which is estimated to benefit more than 3 million Indonesian migrant workers//VOI
19
July
July
U.S Dollar banknotes (Photo : Matatelinga) -
VOInews, Singapore : The dollar was poised to snap a two-week losing streak on Friday as traders pondered the U.S. rates outlook, while the yen was steady after inflation in Japan accelerated for second month in a row, keeping the prospect of a rate hike there on the table.
The U.S. dollar was on the front foot in Asian hours after a stormy week that saw the yen, euro and sterling make significant gains against the greenback as investors fully price in a rate cut from the Federal Reserve as soon as September.
The yen was at 157.35 per dollar after touching a six-week high of 155.375 on Thursday in the wake of suspected interventions by Tokyo last week that could total nearly 6 trillion yen ($38.14 billion), according to data from the Bank of Japan.
Data on Friday showed core consumer prices in Japan rose 2.6% in June, keeping alive market expectations that the central bank could soon raise interest rates.
The BOJ exited negative rates and bond yield control in March, in a shift away from a decade-long radical stimulus programme, with markets warming to the idea of a rate hike at its meeting at the end of the month.
Traders are pricing in a 41% chance of a 10 basis point hike.
The yen has fallen more than 10% against the dollar this year, weighed down by the wide difference in interest rates between the U.S. and Japan and languished around 38-year lows at the beginning of the month, spurring suspected moves by Tokyo.
"While suspected interventions do not seem to stabilize the yen, we believe monetary policy might," said Krishna Bhimavarapu, APAC economist at State Street Global Advisors.
"The time is coming for decisive action from the BoJ, and today's higher inflation has only made it more plausible."
In the U.S., data showed the number of Americans filing new applications for unemployment benefits rose more than expected last week, though there was no material shift in the labour market.
The dollar index , which measures the U.S. currency against six rivals, was 0.1% higher at 104.24, up from a four-month low of 103.64 it touched on Wednesday. The index is set for a 0.17% gain for the week after two weeks of losses.
The Fed is scheduled to meet at the end of July, when markets anticipate a very low chance of the central bank cutting rates. Traders are pricing in 62 basis points of easing this year.
"I think there's a lot of different crosswinds and tug of war that markets are facing right now," Michael Wan, senior currency analyst at MUFG, referring to rising bets of the Fed cutting rates coming at the same time investors are bracing for a potential victory by Republican presidential candidate Donald Trump.
Markets have reacted to the prospect of a Trump presidency by pushing the dollar higher and positioning for a steeper Treasury yield curve.
Meanwhile, the euro was little changed at $1.08880 after a 0.4% drop in the previous session as the European Central Bank kept rates steady and gave no insight into its next move.
The single currency had touched a four-month high of $1.0947 on Wednesday, recouping all the losses of the past few weeks when it came under pressure from uncertainty about the French election.
Sterling was last flat at 1.2941 after a 0.5% slide in the previous session as data showed wages in Britain grew at a slower pace, but was still strong enough to keep doubts about a rate cut from the Bank of England afloat.
In other currencies, the Australian dollar eased to $0.6702, while the New Zealand dollar was 0.26% lower at $0.60295.
The Aussie and the kiwi were set for a more than 1% drop for the week as a high-level meeting in China failed to yield any forceful stimulus steps and the popular carry trades using the yen as funding currency unwound.
($1 = 157.3200 yen)//Reuters-VOI