World Bank, IMF, Jotman bullish on Indonesia

Jakarta Globe reports:

With the country set to emerge a “winner” from the global financial crisis, the economy has the potential to expand “significantly” by more than 7 percent, according to Joachim von Amsberg, the World Bank’s representative in Jakarta.

However, corporate executives say this will only be possible if the government manages to soon fix the nation’s woefully congested roads, neglected ports and aging power plants.

The praise came on the same day that the International Monetary Fund’s country representative said that the Indonesian economy now had the chance to become a “superstar” performer.

Last week Jotman singled out Indonesia as one Asian state that was particularly well-positioned to successfully weather the global economic crisis.