ID :
101725
Fri, 01/22/2010 - 09:10
Auther :
Shortlink :
https://www.oananews.org//node/101725
The shortlink copeid
KOREA CHOOSES INDONESIA TO RECEIVE KSP PROJECT SUPPORT
Jakarta, Jan 20 (ANTARA) - The Korean Ministry of Strategy and Finance and the Korean Development Institute had chosen Indonesia to receive the incentive support under the Korean knowledge sharing program project.
"The Korean experience of assisting Indonesia, such as Korea in 1997 and 1998 carried out budget reforms," Director of the Korean Financial Institute Nowook Park said at a meeting with the media in Jakarta, Wednesday evening.
Nowook who is also member of the Korean Financial Institute team said that Korea has started introducing the performance-based state budget.
"The drawing up of a mid-term budget (more than a year) and a performance-based budget is also important," he said.
The KSP provides recommended policies to the developing countries on the basis of the experience of Korea which was first a poor country but had developed into one of the 10 big economies in the world. Korea has given policy recommendations for 134 cases in 15 countries.
MOSF and KDI had chosen Indonesia as a project country for projects in 2009 and conducted research work with the theme "Indonesia toward an advanced economic power".
The themes that had been forwarded included competition and development of financial policies, Indonesia`s financial control, formation of liquidity and derivative market, and mid-term finance and the development of performance-based budgets.
The Korean reserarch delegation had carried out its tasks from April to June 2009. The result of the research will be presented in a Final Reporting Workshop and Senior Policy Dialog on January 21, 2009 at Grand Hyatt Hotel in Jakarta.
As a country chosen to receive the KSP incentive support, the Korean delegation will hold a high-level meeting with economic officials like those of Bappenas.
MOSF and KDI will carry out the KSP for 3 years (2010-2013) and carry out the project intensively integrating comprehensive research on economic and social problems, policy recommendations, KSP training and education, to improve the relations with the Indonesian government as a strategic partner.
Indonesia had been elected by Korea as a partner country for strategic developments for 2010 based on the economic and diplomatic relations between the two countries, with a potential for international cooperation in general development, and in view of Indonesia`s strong wish to introduce the KSP along with Korea.
Previously Indonesia was also KSP partner of Korea in 2005, with the theme the reform of important economic institutions in Indonesia: lessons and experience in Korean development.
For this year`s KSP, the first stage is started with the visit of a Korean delegation to Indonesia led by Korean deputy prime minister and minister of financial stragegy Okyu Kwon. He is also KSP project manager.
The delegation meets governmnent high officials to discuss important policies as a solution for the Indonesian government.
end
"The Korean experience of assisting Indonesia, such as Korea in 1997 and 1998 carried out budget reforms," Director of the Korean Financial Institute Nowook Park said at a meeting with the media in Jakarta, Wednesday evening.
Nowook who is also member of the Korean Financial Institute team said that Korea has started introducing the performance-based state budget.
"The drawing up of a mid-term budget (more than a year) and a performance-based budget is also important," he said.
The KSP provides recommended policies to the developing countries on the basis of the experience of Korea which was first a poor country but had developed into one of the 10 big economies in the world. Korea has given policy recommendations for 134 cases in 15 countries.
MOSF and KDI had chosen Indonesia as a project country for projects in 2009 and conducted research work with the theme "Indonesia toward an advanced economic power".
The themes that had been forwarded included competition and development of financial policies, Indonesia`s financial control, formation of liquidity and derivative market, and mid-term finance and the development of performance-based budgets.
The Korean reserarch delegation had carried out its tasks from April to June 2009. The result of the research will be presented in a Final Reporting Workshop and Senior Policy Dialog on January 21, 2009 at Grand Hyatt Hotel in Jakarta.
As a country chosen to receive the KSP incentive support, the Korean delegation will hold a high-level meeting with economic officials like those of Bappenas.
MOSF and KDI will carry out the KSP for 3 years (2010-2013) and carry out the project intensively integrating comprehensive research on economic and social problems, policy recommendations, KSP training and education, to improve the relations with the Indonesian government as a strategic partner.
Indonesia had been elected by Korea as a partner country for strategic developments for 2010 based on the economic and diplomatic relations between the two countries, with a potential for international cooperation in general development, and in view of Indonesia`s strong wish to introduce the KSP along with Korea.
Previously Indonesia was also KSP partner of Korea in 2005, with the theme the reform of important economic institutions in Indonesia: lessons and experience in Korean development.
For this year`s KSP, the first stage is started with the visit of a Korean delegation to Indonesia led by Korean deputy prime minister and minister of financial stragegy Okyu Kwon. He is also KSP project manager.
The delegation meets governmnent high officials to discuss important policies as a solution for the Indonesian government.
end
