Nusa Dua, Bali (ANTARA News) - When Indonesia was elected to host the International Monetary Fund (IMF) - World Bank Group annual meetings, the world has in fact shown its confidence in the country`s remarkable development.

Not only is the achievement related to physical development, but human resource development and character of the nation as well.

As stressed by IMF Managing Director Christine Lagarde, Indonesia`s current economic management has been carried out optimally through coordination between the government, Bank Indonesia (the central bank) and related parties. Indonesia`s economy is very well managed, Lagarde noted.

Indonesia is on the rebound by making a huge leap in development, a Special Advisor to the Minister of State Enterprises Judith Jubiliana Navarro Dipodiputro said.

However, not everyone is aware of the development in Indonesia.

"That`s why we have Indonesia Pavilion here now, themed Rediscovering Indonesia through showcase of Indonesia`s Diversity, Values, Innovation. Everyone knows Indonesia, but not all of them are aware of our achievements now," Judith said.

Indonesia Pavilion is a side event of the IMF-WB annual meetings held in Nusa Dua in the resort island of Bali on October 8-14.

Situated in a 2,000 square meter plot of land, the pavilion showcases Indonesia`s achievements in development, business, national strategic projects, tourism and uniqueness of its art and culture.

A half of the plot of land is allocated for micro, small and medium scale enterprises (SMEs). As many as 150 SMEs representing 64 cities and districts across Indonesia are taking part in the exhibition.

"It reflects that public involvement in the real sector is important for the development. All elements of the society are involved in the development," Judith said, adding that it also showcased the diversity of Indonesia.

It will tell the world that diversity is an asset for Indonesia, she noted.

The pavilion is divided into three sections, namely arts and crafts expo, tourism and infrastructure expo.

Participants could see and purchase selected items of arts and crafts from Indonesia artisans such as batik, woven fabric, painting and wooden crafts, learn about the product history, philosophy, and witness demos of how the products are made.

Visitors could also see various displays of progress achieved by Indonesia in infrastructure development, and future priorities including pipeline projects, success stories on collaboration with MDBs, investment opportunities, and financing alternatives.

A Special Advisor to the State Enterprise Minister Sahala Lumban Gaol said, the Indonesia Pavilion could become "a window" for participants of the annual meetings, to get information about Indonesia`s potential, beauty, and uniqueness.

"The Indonesia Pavilion shows Indonesia in numbers, to rediscover Indonesia so that people would see progress of development in Indonesia," Sahala said.

The exhibition is organized by the State Enterprises Ministry in cooperation with the Marine and Fishery Ministry, the Energy and Mineral Resource Ministry, the Creative Economy Agency (Bekraf), the Communication and Informatics Ministry, and the Finance Ministry.

"The point is that we want to show the world the development in Indonesia today," he said.

Meanwhile, chairman of the Creative Economy Agency (Bekraf) Triawan Munaf said, the Indonesia Pavilion would expose the potentials of micro, small and medium scale enterprises engaged in the creative industry.

"It will promote Indonesia which has not only natural resources but also non-natural resources such as creative industry that will impress the delegates," he said.

Some 34 thousand visitors are expected to attend the event which will bring a significant impact to the promotion of the country`s creative industry exhibited in the Indonesia Pavilion.

In addition, the SMEs would get a wider access to capital fund, markets, as well as investment, as many of the delegates to the meetings are businessmen.

"The strength of the Indonesian economy is determined by the SMEs, creative workers, and craftsmen. They are more stable and vary and that the state must support them," he added.

Editing by Suharto

Reporter: Sri Haryati
Editor: Fardah Assegaf
Copyright © ANTARA 2018