00:00Indonesia continues to show its commitment in developing and cooperating in the field of global loan and interest rates.
00:12Finance Minister Thomas Jiwandono pushed for the need for an adaptive and resilient interest rates agency to face the increasingly complex global dynamics.
00:22Indonesia continues to show its commitment in developing and cooperating in the field of global loan and interest rates.
00:32In the agenda of the World Custom Organization International Conference 2024,
00:36Finance Minister Thomas Jiwandono emphasized the importance of collaboration in facing global challenges, including economic risks and the advancement of digital technology.
00:46For this reason, the partnership between international institutions must be strengthened so that the regulation process can run effectively and the welfare of the people can be maintained well.
00:55Moreover, the global situation resulting in economic polarization also increases the protectionist policy in the international trade system.
01:03Here, cooperation between international institutions must be increased.
01:16because it raises a shared understanding to help ensure that the regulatory process runs effectively and people's welfare is managed for mostly.
01:27To improve the decision making of all regulatory institutions, we need to move towards critical principles of collaboration,
01:35including regulatory transparency, manpower availability, and infrastructure availability.
01:42In the future, Thomas hopes that WCO will be more effective and efficient in facilitating trade, protecting the people, and ensuring fair income accumulation.
01:53WomenQ also pushed for the need for an adaptive and resilient interest rates agency to face the increasingly complex global dynamics.
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