Thursday, May 2, 2019
Economic analysis report Essay Example | Topics and Well Written Essays - 750 words
Economic analysis give notice (of) - Essay ExampleAlso, that bring would enable citizens to access insurance services such as subjective disasters and health facilities as a way of reducing their vulnerabilities towards risks.The financial system of Ind one(a)sia is dominated by banking institutions. As such, only a few people access credit services from those institutions. From this point of view, the loan from populace Bank would promote non-banking financial sectors like mutual funds, pension funds and insurance services which hold in little or no financial barriers for the middle and poor members of the society. As such, it becomes apparent that the World Banks loan targeted the middle and poor members of the society, mainly to boost their lifestyles by means of empowering them financially. Achieving such a goal is possible through facilitating such less fortunate groups with easy access to cheap credit facilities and providing them with insurance services to quail the ris ks and vulnerabilities faced by these young investors.The loan offered by the World Bank to the Government of Indonesia was vital to the presidencys effort in maintaining its financial stability, improving financial management and preventing a financial crisis in the country. Another purpose of the loan was to promote the development of the micro-financing sector and non-banking institutions. As a fact, the micro-financing sector of Indonesia is lighten underdeveloped thus with the signing of the loan from the World Bank, this sector would be among the primary targets for development as it helps a lot in protecting millions of families who live below the poverty line. Precisely, the World Bank accompaniment would guard such families against hardships like unexpected natural disasters and deaths.Secondly, the loan would be used in addressing one of the financial goals being set by the government of Indonesia (World Bank
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