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Ministry of Finance, PT SMI and Bloomberg Philanthropies Signed MoU to Develop SDGs

New York, 09/04/2019 Ministry of Finance - Minister of Finance Sri Mulyani Indrawati witnessed the signing of a Memorandum of Understanding (MoU) between PT Sarana Multi Infrastruktur (PT SMI) and Bloomberg Philanthropies at Bloomberg Philantropies office in New York on Monday (04/08).
Minister of Finance hopes that this MoU can strengthen and explore collaborative opportunities in the field of capital market infrastructure, sustainable cities, government innovations, and other aspects related to Sustainable Development Goals (SDGs) in Indonesia.
"Working together is very important. If we work alone even with full strength and determination, the results are not as much as working together. By working together not only in Indonesia but also across countries, we will make changes to achieve progress," said Minister of Finance to support PT SMI as one of the Ministry of Finance's Special Mission Vehicle (SMV).
Bloomberg Philanthropies will provide technical assistance and advice to PT SMI, exchange ideas, and facilitate discussions for the Regional Head in making decisions and implementing policies to develop sustainable cities in Indonesia.
In addition to signing the agreement, PT SMI is also working with Bloomberg Philanthropies and the Indonesian Philanthropy Association (PFI) to hold a sharing session in New York to share experiences in implementing programs so that the achievement of sustainable development in the SDGs framework in Indonesia can be realized well.
"SDG Indonesia One will produce better execution of infrastructure provision so that it can transform needs into opportunities for many stakeholders who participate in various infrastructure projects in Indonesia," added PT SMI President Director Emma Sri Martini.
Antha William, Head of the Bloomberg Philanthropies Division of Environmental Programs, said Indonesia is a good example of collaboration between communities, government, the private sector and philanthropy in sustainable development.
"Indonesia is a good example in promoting collaboration between the community, government, private sector and philanthropy to actively support the achievement of the SDGs," Antha said.
For various efforts made by PT SMI to accelerate infrastructure development in Indonesia, the Minister of Finance will continue to support and encourage PT SMI to be able to explore opportunities for cooperation and expand networks of greater funding commitments. Thus, PT SMI as a catalyst for development can produce a variety of social economic benefits that are more equitable for the welfare of the Indonesian people. (fr/nr/ds)