“Finance Minister Sri Mulyani Indrawati Emphasizes Multilateralism for Global Challenges at ADB Annual Meeting 2023”

Multilateralism is the key to overcoming the world’s challenges, such as COVID-19, conflicts, inflation, and climate change, according to Finance Minister Sri Mulyani Indrawati. Speaking at the ADB Annual Meeting Governors’ Seminar 2023 in South Korea, Indrawati emphasized that policymakers must support multilateralism as the foundation for cooperation. She cited examples such as the Asian Development Bank, World Bank, and African Development Bank. Effective and legitimate governance is crucial for supporting multilateralism. Indonesia, as a member of several multilateral institutions, is playing a positive and constructive role and sharing its development experience with other countries. Learn faster by working together and not starting from scratch. ADB has given Indonesia a nod to a US$500-million loan for reforming SOEs. There is strong momentum for growth in Indonesia this year, according to ADB.