Tuesday, 14 July 2020 | 18:52 WIB

World Bank Urges Indonesian Gov‘t to be Aware of US-China Trade War

World Bank Representative for Indonesia Rodrigo Chaves (twitter/worldbank)

JAKARTA, NETRALNEWS.COM - World Bank Representative for Indonesia Rodrigo Chaves has asked the Indonesian government to be wary of the United States (US)-China trade war which is likened to a "hanging black cloud".

"We feel that the government needs to carefully consider what is happening in the current global economy. There are black clouds that are hanging over due to trade wars. Hopefully the negotiations between these two powerful countries will soon occur, so that the trade war does not create more impact for all stakeholders," said Rodrigo.

Rodrigo Chaves, with a team from the World Bank and the International Monetary Fund (IMF), met with Indonesia President Joko Widodo (Jokowi), Coordinating Minister for Economic Affairs Darmin Nasution, Minister of National Development Planning/Head of National Development Planning Agency Bambang Brodjonegoro, and related parties.

Nevertheless, Rodrigo acknowledged that the World Bank did not have specific advice for the Indonesian Government in addressing the trade war. "We still need to wait and see in the future to ask for the number of things," said Rodrigo

During the meeting Rodrigo said he also reported the World Bank program in Indonesia to President Joko Widodo.
"We only report on the World Bank's work program in Indonesia over the past year," Rodrigo added.

The program includes loans that have been given to the Government of Indonesia for the past year.

"We only report what we have done over the past year, the loans that we have disbursed. The conversations we have received are very informal," Rodrigo said, as reported by Antara.

In 2018, the World Bank agreed to provide a loan of US $ 150 million for the Indonesian program to Support Primary Health Care Reform (I-SPHERE), which supports the implementation of the Indonesian Government's activities, the Healthy Indonesia Program.

The program will appeal to the three remaining provinces in Eastern Indonesia: East Nusa Tenggara, Maluku and Papua, for health-related programs, specifically for children's health.