Indonesia will overcome economic pressures, says new World Bank Country Director for Indonesia
ID: 977211
Indonesia will overcome economic pressures, says new World Bank Country Director for Indonesia
The World Bank has appointed Rodrigo Chaves, an economist with over 20 years of experience working in development and public policy in more than 30 countries, as the new Country Director for Indonesia.
"Over the past decade, the world has seen Indonesia emerge as a dynamic middle-income country, thanks to its strong macro-economic fundamentals and prudent fiscal management. The World Bank is confident that Indonesia will overcome the current pressures affecting the rupiah and will remain resilient against external volatility. More importantly, this great nation has all that is required to bring great prosperity to its people,? says Dr. Chaves, who earned his doctorate in economics from the Ohio State University.
Prior to joining the Indonesian country office, Dr. Chaves served as the Director of Poverty Reduction and Economic Management for Latin America and the Caribbean, where development challenges are similar to those faced by Indonesia. These include addressing growing inequity and the needs of the poor and also the vulnerable, as well as broadening access to education, health care, drinking water and other basic services. While Indonesia?s poverty rate has declined considerably, to 11.8 percent in 2013, some 40 percent of the population - or 100 million people - remain vulnerable to falling into poverty.
While still resilient, economic growth in Indonesia is moderating, reflecting a dip in investment, in commodity prices, as well as in domestic consumption. Indonesia?s current account deficit also continues to widen, with imports increasing at a faster pace than exports. But recent policy shifts, such as the reduction in fuel subsidies, are positive developments that will help Indonesia bounce back.
"Indonesia?s economy is adjusting to short term uncertainty. But the country?s growth prospects are undisputed, particularly if long-term development plans and public policies boost investment on the expansion of labor skills and of infrastructure. And after six decades of productive partnership, the World Bank feels privileged to continue supporting Indonesia?s ambitions to become one of the world?s most prosperous nations,? says Dr. Chaves.
Dr. Chaves leads a program in Indonesia that includes a portfolio of 37 active operations, with USD $8 billion of net commitments in lending as of August 2013, with programs ranging from support of community-driven development, to geothermal energy expansion, and early childhood education services.
The World Bank
1818 H Street, NW
DC 20433 Washington
USA
Telefon: (202) 473-1000
Telefax: (202) 477-6391
Mail: investigations_hotline@worldbank.org
URL: http://www.worldbank.org/
PresseKontakt / Agentur:
The World Bank
1818 H Street, NW
DC 20433 Washington
USA
Telefon: (202) 473-1000
Telefax: (202) 477-6391
Mail: investigations_hotline(at)worldbank.org
URL: http://www.worldbank.org/
Datum: 08.11.2013 - 12:01 Uhr
Sprache: Deutsch
News-ID 977211
Anzahl Zeichen: 3144
pressrelations.de – ihr Partner für die Veröffentlichung von Pressemitteilungen und Presseterminen, Medienbeobachtung und Medienresonanzanalysen
Diese Pressemitteilung wurde bisher 299 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Indonesia will overcome economic pressures, says new World Bank Country Director for Indonesia"
steht unter der journalistisch-redaktionellen Verantwortung von
The World Bank (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
World Bank Group President Jim Yong Kim today announced the appointments of Mr. Shaolin Yang as Chief Administrative Officer and Mr. Joaquim Levy as Chief Financial Officer for the World Bank Group. The two individuals, each of whom joins the Bank Group with vast financial and management expertise
Government of India and World Bank Sign US$ 50 Million Project to Improve Education & Skills Training for Minority Communities in India ...
The Government of India and the World Bank today signed a US$ 50 million credit for the Nai Manzil: Education and Skills Training for Minorities Project to help young people from minority communities complete their education and gain from market-driven training programs with the aim of improving t
Statement by World Bank Group President on Declaration of End of Ebola Transmission in Guinea ...
World Bank Group President Jim Yong Kim issued the following statement on today?s announcement declaring the end of Ebola transmission in Guinea. "My colleagues and I at the World Bank Group congratulate the government and people of Guinea on reaching this important milestone. They have s
Weitere Mitteilungen von The World Bank
Unterbindung von Zinsmanipulationen bedarf internationaler Abstimmung ...
Der Bundesrat hat in seiner heutigen Plenarsitzung zu einem Vorschlag der EU-Kommission Stellung genommen, der Manipulationen bei der Ermittlung von Referenzpreisen oder Benchmarks für Finanzinstrumente und Finanzkontrakte unterbinden soll. Er begrüßt die Bestrebungen, das Vertrauen in Benchmar
Neue Vorsitzende im Wirtschaftsausschuss ...
Der Bundesrat hat in seiner heutigen Plenarsitzung Staatsministerin Ilse Aigner (Bayern) zur Vorsitzenden des Wirtschaftsausschusses gewählt. Die ehemalige Bundeslandwirtschaftsministerin ist seit dem 10. Oktober 2013 bayerische Staatsministerin für Wirtschaft und Medien, Energie und Technolo
NABU: Weltweite Klimaschutzanstrengungen reichen nicht aus ...
Tschimpke: UN-Klimakonferenz muss Weichen für neues Abkommen stellen Anlässlich der am Montag beginnenden UN-Klimakonferenz im polnischen Warschau fordert der NABU von der internationalen Staatengemeinschaft größere Anstrengungen beim Klimaschutz. "In Warschau müssen die Weichen geste
Internationaler Klimagipfel in Warschau ...
Welthungerhilfe: Europa muss wieder Vorreiter werden Die Welthungerhilfe mahnt eine zentrale Rolle der Europäischen Union bei den anstehenden Klimaverhandlungen in Warschau vom 11.-22. November an. Nur wenn sich die EU in Warschau für ambitionierte eigene Reduktionsziele einsetzt, können nen
