Press Briefing on Asian Development Outlook 2018
ADB Indonesia Country Director Winfried Wicklein opened the Asian Development Outlook 2018 press briefing in Jakarta. Deputy Country Director Sona Shrestha and Country Economist Emma Allen then presented updates on regional and Indonesia's economic outlook, respectively. ADB projects Indonesia's GDP growth to reach 5.3% this year and next, from 5.1% last year. Read more.
Discussion on emerging financial intruments to finance Asian infrastructure
ADB Vice-President for Knowledge Management and Sustainable Development Bambang Susantono delivered the keynote speech at the International Conference on Infrastructure Development in Bandung Technological Institute (ITB). He stressed the need for Asian countries to mobilize all available funding resources, including those from the private sector, to meet the region's infrastructure gap. VP Susantono also discussed the evolution of financial modalities and the role of multilateral development banks.
Study on Indonesia's job productivity launched
ADB Vice-President for Knowledge Management and Sustainable Development Bambang Susantono highlighted both long-standing and emerging job challenges in Indonesia and options for addressing them in his opening remarks at the launch of "Indonesia: Enhancing Productivity through Quality Jobs" in Jakarta. Deputy Minister of Creative Economy, Entrepreneurship and SME Competitiveness Mohammad Rudy Salahuddin, Coordinating Ministry for Economic Affairs; and CT Corp Chairperson Chairul Tanjung delivered keynote speeches to some 120 participants from key labor market stakeholders, policymakers, private sector, media, and development partners. See news release.
ADB promotes business climate reform in Indonesia
ADB Indonesia Country Director Winfried Wicklein joined deputy ministers of Economic Affairs Coordinating Ministry and senior officials from the Cabinet, Trade Ministry, Finance Ministry, and BAPPENAS at a high-level workshop in Jakarta, on the operationalization of presidential instructions on good regulatory practice toward reducing cost of doing business. The work is part of ADB's Stepping Up Investments for Growth Acceleration Program.
ADB supports Annual International Forum on Economic Development and Public Policy
Indonesia Finance Minister and ADB Governor Sri Mulyani Indrawati opened the Forum on the impact of technology on productivity and inequality held on 7-8 December in Jakarta. ADB Director-General for Southeast Asia Department Ramesh Subramaniam participated in a high-level panel on the role of government in leveraging benefits of technology. Country Director for ADB Indonesia Winfried Wicklein led a session for university students who won an essay competition on the topic, while Deputy Country Director Sona Shrestha moderated a panel discussion on the impact of digitization on employment and fiscal policy. A recently approved technical assistance supports in-depth study of the impact of disruptive technology on the Indonesian economy. See news release
ADB to support transportation PPPs in Indonesia
Indonesia's Ministry of Transportation Secretary-General Sugihardjo and Country Director for ADB Indonesia Winfried Wicklein signed a memorandum of understanding between ADB and the Ministry of Transportation to support screening and preparation of PPP projects in the transport sector. Transportation Minister Budi Karya Sumadi and ADB Vice-President for Knowledge Management and Sustainable Development Bambang Susantono witnessed the signing. The signing ceremony was followed by a workshop on PPP best practices and lessons learned in port and airport subsectors. See news release
National dialogue on basic education minimum service standards
Education and Culture Ministry's Director-General Hamid Muhammad, Ambassador of the European Union to Indonesia Vincent Guerend, and Country Director for ADB Indonesia Winfried Wicklein addressed the closing conference of a technical assistance on minimum service standards in basic education, cofinanced by the EU and managed by ADB. Over 200 government officials and education practitioners attended. See news coverage
Indonesia, ADB hold high-level discussion on PPPs
Chairman of Executive Team of the Committee for Accelerated Provision of Priority Infrastructure (KPPIP), Wahyu Utomo and ADB Vice-President for Knowledge Management and Sustainable Development Bambang Susantono launched the Asian Development Outlook 2017 Update theme chapter on Sustaining Development through Public-Private Partnerships in Jakarta. Mr. Susantono underscored the important role PPPs can play in addressing Indonesia's infrastructure deficit. He urged the strategic and judicious use of PPPs as core components of national plans to ensure quality infrastructure, create an attractive investment climate, learn from experience, and deepen capital markets. ADB Deputy Chief Economist Juzhong Zhuang presented the key findings of the chapter, in the discussion moderated by Country Director for ADB Indonesia Winfried Wicklein.
Makassar City, ADB discuss collaboration on urban development
Makassar City Mayor Mohammad Ramdhan Pomanto met with Country Director for ADB Indonesia Winfried Wicklein and Urban Development and Water Division Director at ADB Southeast Asia Department Vijay Padmanabhan to update on ongoing ADB activities in Makassar and discuss future ADB support for urban development. The mission also visited urban slum areas to review progress under a community-driven neighborhood upgrading project.
ADB supports knowledge sharing among ASEAN supreme audit institutions
Indonesia’s Audit Board Chairperson Moermahadi Soerja Djanegara opened the third regional workshop on enhancing roles of supreme audit institutions (SAIs) in selected ASEAN countries in Jakarta. Deputy Country Director for ADB Indonesia Sona Shrestha in her remarks emphasized SAIs' role in ensuring that public funds are utilized economically, efficiently, and effectively. SAIs' representatives from eight countries attended the workshop, which was supported by ADB through technical assistance on empowering SAIs and fraud prevention.