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Indonesian leader meets Nobel Prize winner
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16:29, August 07, 2007

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Indonesian President Susilo Bambang Yudhoyono hosted a meeting with 2006 Nobel Peace Prize winner Muhammad Yunus of Bangladesh, who was asked to give a lecture to ministers at the State Palace on Tuesday.

"You are an innovator and inspiring figure," Susilo told his guest.

In his remarks, Susilo said one of the biggest stumbling blocks in the Indonesian economy is that small and medium-scale enterprises have little access to formal bank credits.

"Capital credit is the crucial part of our efforts to reduce poverty and unemployment," said Susilo.

On the occasion, Yunus delivered a lecture entitled "we can put poverty into museums" to Indonesian ministers and central bank officials.

Yunus, 67, and the Grameen Bank he founded won the Nobel Prize for channeling credits to people too poor to receive formal bank loans.

Source: Xinhua



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