REPUBLIKA.CO.ID, JAKARTA -- President Joko Widodo (Jokowi) repeated calls for reform of global financial order that would pay greater attention to the problem of poor and financially sick nations.
"A good global financial order is needed which also pays attention to the problem besetting poor and sick nations," Jokowi said before departing to Malaysia on Sunday to attend the 26th ASEAN summit meeting there.
He denied suggestion that Indonesia is against the International Monetary Fund (IMF), the World Bank and Asian Development Bank (ADB).
"We also still need them and borrow money from them," he pointed out.
Jokowi has sharply criticized the United Nations and the multilateral financial agencies accusing them of creating an imbalance in economic and political power.
Around 20 percent of countries lived in a world of affluence while the rest especially in Asia and Africa were struggling to wriggle out of poverty, he told delegates to the opening of a commemorative meeting of the Asian African Conference here last week.
On Sunday he said, sick and poor nations need financial injections to help them cope with their problem.
"Assistance, however, must not become additional burden for them," he added.
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