IMF managing director praises Indonesias economy

Jakarta (ANTARA News) - International Monetary Fund Managing Director Christine Lagarde has praised Indonesias strong economy with good prospectd in the years to come.

"Indonesias economy has proven to be strong and performed well with favorable prospects," she said in a statement received here on Monday.

Lagardes statement after she met with President Joko Widodo to discuss current economic development, Indonesias prospect and preparations for the annual IMF-World Bank meeting in Bali later this year.

At the meeting Lagarde praised President Joko Widodo and his cabinet for their economic management and policies.

"We have also discussed the importance of achieving high economic growth to create jobs and support working generation that keeps growing," she said.

To meet the goal revenues must be used to support development spending and continue reform of products. manpower and financial market.

Regarding the preparation for the annual IMF - World Bank meeting in October Lagarde thanked all parties for their cooperation so far in preparing the event.

"We hope the meeting would be successful while monitoring would continue to be done towards the development of Mount Agungs activity," she said.

Lagarde also thanked President Joko Widodo and the people of Indonesia for their warm welcome to her visit.

She said she had enjoyed her visit with the President to Tanah Abang textile market and Pertamina hospital to see the enthusiams, energy and dynamic service of the people in supporting economic activities.

Source: ANTARA News

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