"The stability of our financial system is still well maintained. (BI) also continues to increase its alertness to face the imminent crisis," chief researcher Suhaedi of the banking research and control directorate said in a discussion at the Center for Strategic and International Studies (CSIS) here on Tuesday.
He said the global economy would grow more slowly than expected and therefore, it would have an impact on the prospects of the Indonesian economy in 2012 and the following years.
The world economy was expected to grow 4.2 percent in 2011 or lower than 4.3 percent as earlier projected. It would further move down to 4 percent in 2012 or lower than the previous forecast of 4.5 percent, he said.
"The downgrade of the US debt rating has had an impact on the recent developments in the global economy so there has been a question mark about the prospects of the global economy," he said
Among the anticipatory steps taken by Bank Indonesia were financial system safety net, crisis management protocol, enhanced ASEAN+3 cooperation, good corporate governance and policy to encourage banks` intermediary role, he said.
(T.SDP-010/S012/H-NG/F001)
Editor: Priyambodo RH
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