Japan's Basic Policy for Economic Cooperation with Indonesia
Point: Three Pillars of Economic Cooperation
- Government of Japan (GOJ) dispatched the mission for bilateral consultation on economic cooperation to Indonesia from 19th to 21st September.
- Consulting with Government of Indonesia (GOJ), three pillars of future economic cooperation are determined as follows;
- Support for economic stabilization
- Support for various reforms
- Response to urgent needs, such as elimination of economic bottlenecks
Concrete Support Plan
1. Support for economic stabilization = Coping mainly with Debt's problem
- GOJ is ready to cooperate on the rescheduling within the international framework
- GOJ will continue to focus on poverty reduction and education.
2. Support for various reforms
= Focusing on Human Resources Development and Institution Building in such areas as democratization, establishment of rule of law, decentralization, reform on fiscal and financial sectors and promotion of small-and medium-sized enterprises. Example:
- Support for police reform:
In addition to the one current specialist in Indonesia, GOJ will dispatch two more additional long-term specialists, and will continue to consult on future concrete support plan.
- Support for legal system reform:
GOJ will dispatch the mission for exploring the possibility for new cooperation.
- Support for small-and medium-sized enterprise reform:
GOJ will implement "Urata Agenda" and GOJ will support the Trade Training Center extending into local areas.
3. Response to urgent needs, such as elimination of economic bottleneck
- The two countries will work closely together on utilizing ODA Loan and Grant Aid properly.
Establishment of Economic Policy Supporting Team
- In order to make a useful proposal on Indonesia's overall economic policy, the supporting team will be established and comprised of high level persons such as scholars. --The details will be coordinated later.
Back to Index