Bali & World News and Views Editor's Comments:
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| Editor Lawrence at his beachfront home in Bali |
The following article which is translated by Google translate from Indonesia points out the fact that what I've been saying for many years, "holding a conference in Bali is better than most places in the world and a lot cheaper".
"Holding a conference in Bali is better than most places in the world and a lot cheaper".
At the end of the following article it mentions that in fact the this past week's huge IMF conference with 36,000 delegates in fact may have been according to them under budget.
The budget (IMF-World Bank Annual Meeting) ceiling was Rp. 855 billion. ($5,620,000)
To this day at Rp. 566 billion, may still be down to under Rp. 500 billion,' he said.
or 40% to 50% under budget
"IMF Maybe 400 Million under Budget"
These are the kind of things that conference planners love to hear.
So expect conference planners around the world to look at the IMF conference in Bali with envy and begin to plan more conferences in Bali in the near future.
As always more conferences means more tourists and as I've said for 22 years "Bali's real estate demand is directly proportional to Bali tourist demand.
So I expect a continued exponential rise in real estate demand from tourists, convention attendees, Chinese, Indian, and most of all Baby Boomers from around the world
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Finance Minister Sri Mulyani Indrawati was named the best Finance Minister in 2018. (Photo: Global Markets).
Liputan6.com, Jakarta - The IMF-World Bank meeting has been running for 6 days. Finance Minister Sri Mulyani said there were many positive impressions given by the participants who came.
'The impression of all the guests, Indonesia in their eyes, extraordinary treatment starting from arrival, efficiency, the impression of the Indonesian people is friendly, professional, organized,' he said at the IMF-World Bank Annual Meeting press conference at Art Bali on Saturday (10/13) / 2018).
He recounted that several state representatives who arrived in the near future would host a similar event and expressed concerns. Because for them Indonesia is considered to be an extraordinary host.
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'The next two years. Morocco and they can pressure because the Indonesian standard is to be very, very high to be the host. They are very worried, this time the minister delivered. Even Saudi Arabia will host their G20 observations and feel amazed,' he said. .
According to Sri Mulyani, the delegation of guest countries at the IMF-World Bank meeting not only paid attention to the big things. Instead they also pay attention to trivial matters, which were not thought of before.
'There are so many people walking, women walking on their own nights, but everything is safe around here, so there are things that we don't pay attention to, but we see little details and impress. Such appreciation gives a very deep impression,' he said.
Luhut: The IMF meeting is not luxurious, the World Bank boss told us to take a taxi
Chairperson of the National Committee Organizing the IMF-World Bank Annual Meeting Luhut Binsar Panjaitan (center) with Minister of Communication and Information Rudiantara (left) and BI Governor Perry Warjiyo (right) informing Bali on Monday (8/10). (Liputan6.com/Angga Yuniar)
On the same occasion, the Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan shared one of the interesting stories he obtained throughout the IMF-World Bank Annual Meeting in Nusa Dua, Bali.
He experienced this interesting experience, when accompanying World Bank President Jim Yong Kim from Ngurah Rai International Airport to the hotel where Jim was staying.
The former Presidential Chief of Staff also admitted that he had told Jim Yong Kim about the criticism received by the committee, one of which was about the use of 400 Mercedes cars that were considered luxurious.
'I accompanied Jim Kim from the airport to the hotel. He asked me to explain. He asked if there was a problem with Luhut? I said there was none. There were at least a few. Our critics were about luxury cars,' he said at a press conference. at Art Bali, Saturday (10/13/2018).
'He asked which luxury car? This is what you are riding on. This is Mercedes Jim, he said 'I don't know'. There are two types that we use in 2013, 2015,' continued Luhut.
The funny thing then came after Luhut 'opened the card' about the 'luxury' car they were riding. To President Jim, Luhut said the car they used was used as a taxi.
'But Jim this is a cab (Jim is a taxi). What does he say? Then he laughs. So you imagine. The World Bank president told us to take a taxi, there is no name for the taxi there,' he said.
On that basis, he claimed to be surprised if anyone said the implementation of the IMF-World Bank Annual Meeting seemed luxurious. 'So people say fancy, strange,' he said.
'The budget (IMF-World Bank Annual Meeting) is in the ceiling of Rp. 855 billion. To this day Rp. 566 billion, but we may still be down. Maybe it will be under Rp. 500 billion,' he said.
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