Boediono: Developing Countries Can Achieve Millennium Development Goals on Their Own

Jakarta Globe, Dion Bisara, June 13, 2011

Related articles

• Many at WEF Feel Nuclear Energy is Still Relevant
• Stronger US Economy Would Help Asia: Singapore PM
• Asia 'Must Lead' on Global Challenges
• Asset Bubble a Concern but Not Yet Reality: Minister
• Massive Infrastructure Push Could Strip Nation of Resources: Expert

Vice President Boediono said today that, in order to achieve the United Nations Millennium Development Goals, Indonesia and other developing countries should not rely on financial support from other countries because they could achieve the MDG through their own economic expansion.

"The role of traditional donors is overrated. What they should do to help developing countries achieve the MDG is to give then more room to develop themselves," Boediono said in a discussion at the World Economic Forum on East Asia in Jakarta.

"It should be overall support in terms of investment and trade deals that we can share. Share the added values with us and we can create," Boediono said.

Boediono also said that central government's role is imperative to achieve the MDG over the next decade.

Rajat Nag, managing director of the Asian Development Bank, reiterated Boediono's statement, saying that Asia's economy has been doing very well and could take over the role of traditional donors.