The Indonesia Business Council (IBC) and Bappenas will sign a Memorandum of Understanding (MoU), which will lay the foundation for strategic collaboration in formulating public policies and implementing development programs aimed at significantly enhancing national competitiveness, improving public welfare, and accelerating the sustainable development agenda. This cooperation will encompass the strengthening of the economic and financial sectors, governance, human resource development, improvement of national productivity, acceleration of innovation, as well as financing of development initiatives and climate change mitigation.