Indonesia recently revealed that the country had been making some progress in its dream of becoming a full-fledged member to the Organization of Economic Co-operation and Development (OECD). Indonesia has been eyeing a seat at the OECD with hopes that the rich country club's tough standards can catapult its economic growth. Indonesia officially became a candidate country to the OECD last year, and has to undergo some reviews before it can officially join. Chief Economic Affairs Minister Airlangga Hartarto had met with OECD Secretary-General Mathias Cormann in Paris on Wednesday local time for some talks regarding the so-called initial memorandum. This document contains Indonesia's self-assessment of its regulations against OECD's standards. Indonesia claimed it had "witnessed a significant progress" in its initial memorandum self-assessment process. The government has also included the OECD accession in its 2025-2029 medium-term national development plan. This is a plan of action that lays out the government's priorities and strategies over the next five years. Indonesia has added the OECD bid to President Prabowo Subianto's Asta Cita or the eight core missions that he has set for his presidency, which includes food and energy self-sufficiency. Indonesia is hoping to become an OECD member within the next three or four years.Source:https://jakartaglobe.id/news/indonesia-makes-some-progress-in-oecd-bid (ICE GIACARTA)

Fonte notizia: Jakarta Globe, 6 March 2025