Poverty goals at risk on trade backlash


JAKARTA: The anti-trade mood sweeping parts of the world will hurt global efforts to pull millions of people out of poverty, according to Indonesian Finance Minister Sri Mulyani Indrawati.

The former World Bank managing director said in an interview in Jakarta that she’s worried about the threat from rising barriers to trade at a time when “populist sentiment has been translated into political rhetoric and policy, which is really against the wider need.”

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Indonesia , trade

Next In Business News

IJM Corp, Sunway slip in early trade ahead of takeover deadline
Tenaga's Spark RE investment boosts net zero 2050 plans
Malaysia only market to record net foreign inflows at RM98.5mil - MBSB
AirAsia X to raise fares, trim capacity amid rising oil prices
Oiltek, BioSeaga to jointly develop RM1.65bil SAF biorefinery in Sabah
Oil prices rise as US-Israeli war with Iran continues to disrupt supply
Asia markets brace for Trump's promised assault on Iranian infrastructure
Ringgit opens higher against greenback, major currencies amid linger geopolitical tensions
Stocks sink as no sign of conflict de-escalation
Trading ideas: IJM, Affin, Kerjaya, Cypark, Sunview, TNB, Nextgreen, EG, PTT, TSR Capital, Kee Ming, T7, Kenyalang

Others Also Read