ASIATODAY.ID, JAKARTA – Indonesia is strongly committed to fighting bribery and joining members of the Organization for Economic Co-operation and Development (OECD) to achieve better policies.
The government is implementing OECD accession as a strategic transformation that will bring Indonesia to a higher level in government governance, economics and international relations.
“We hope that by joining the OECD, we can develop better policies for a better life. “So, the policy we are taking is global, and this is for the benefit of society,” said the Coordinating Minister for the Indonesian Economy, Airlangga Hartarto at the Workshop and Technical Discussion Supporting Indonesia in Fighting Foreign Bribery: Towards Accession to the OECD Anti-Bribery Convention in Jakarta, Monday, February 10 2025. This activity was also attended virtually by OECD Director Nicole Pino.
Currently the accession process is entering the stage of preparing 32 chapters of the initial memorandum document which is an assessment of the conformity of Indonesian regulations to 239 OECD legal instruments. This process is carried out by each sector in accordance with the OECD Committee, including the Anti-Corruption Sector which is coordinated by the Corruption Eradication Commission and the National Police of the Republic of Indonesia.
“So, how do we realign regulations with the legal documents that exist in us and those in the OECD. Therefore, some countries take longer. However, we have a move that we used yesterday, namely the Omnibus Law. So, there are two ways, one is ratification, two is we carry out an Omnibus Law on matters that are considered important. “We hope that the initial memorandum submission will be completed in the first quarter and can be brought to the OECD Ministerial Council meeting in June 2025,” said Airlangga.
Furthermore, on this occasion, Airlangga also appreciated the support of all OECD countries for Indonesia’s participation in the Financial Action Task Force (FATF), which is one of the influential pillars in multilateral agreements. Airlangga also said that Indonesia had implemented the vision of a Golden Indonesia, to become one of the countries with a top ten economy.
“Actually, based on Purchasing Power Parity, from the report submitted by the IMF, Indonesia is actually already in the top ten, namely Indonesia number 8. Based on the IMF report, based on Purchasing Power Parity, Indonesia has an economy of US$4.8 trillion. Based on the G20, we are still ranked 16th. Based on GDP, last year, we were approaching US$5,000 GDP per capita and of course we hope we can increase this in 2030 above US$12,000. With Purchasing Power Parity we are ahead of some other countries, and that’s usually three times. So, we are indeed US$4.8 trillion. “So, it is true that Indonesia is on the radar for OECD accession,” said Airlangga.
Airlangga said that with the OECD, the Government hopes that the economy can continue to increase in accordance with the direction of the President of the Republic of Indonesia Prabowo Subianto, namely reaching 8%, one of the keys to which is investment.
“By having a good investment climate, not only domestically but internationally, we hope that investment can increase in Indonesia. Especially with today’s global uncertainty, of course we have to strengthen our friends in the Asia Pacific, including ASEAN, Japan, and the various collaborations we carry out in ASEAN countries. “Of course we need more friends, namely friends at the OECD,” concluded Airlangga. (AT Network)
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