#financial system

Collection of financial system news, found 490 news.

President Jokowi attends Global COVID-19 Summit

President Joko Widodo (Jokowi) virtually attended the Global COVID-19 Summit to discuss world leaders' commitment ...

BI holds benchmark rates at 3.5% to maintain stability

Bank Indonesia (BI) has decided to hold the benchmark rate, or the BI 7-Day Reverse Repo Rate (BI7DRR), at 3.5 percent ...

Indonesia reveals seven priorities in G20 Presidency's finance track

Minister of Finance Sri Mulyani Indrawati revealed the seven priority agendas for the finance track for ...

Indonesia's forex reserves swells to US$144.8 billion in August

Indonesia's foreign exchange reserves swelled to US$144.8 billion at the end of August 2021 from US$137.3 billion ...

BI issues regulation on MSME inclusive financing ratio

Bank Indonesia (BI) has issued Bank Indonesia Regulation (PBI) Number 23/13/PBI/2021 on Macroprudential Inclusive ...

Bank Indonesia sees inflation at 0.01% in August

Bank Indonesia has forecast 0.01 percent monthly inflation in August 2021 in view of the price development of cooking ...

OJK records banking credit growth of 0.5% in July

Bank loans grew 0.5 percent year on year (yoy) in July 2021 driven by consumption and MSME (micro, small, and medium ...

President expects continued GDP, economic improvement in Q3

President Joko Widodo (Jokowi) has said he expects the increase in economic growth or gross domestic product (GDP) ...

Sharia economy need of future: economist

Sharia economy is the need of the future, chief economist of state-owned Islamic bank PT Bank Syariah Indonesia, ...

Cooking oil, eggs, and cigarettes drive inflation in August: BI

Commodities, such as cooking oil, tomatoes, broiler eggs, and filtered clover cigarettes, drove inflation until the ...

Membership in FATF to positively reflect Indonesia's financial system

Coordinating Political, Legal, and Security Affairs Minister Mahfud MD emphasized the importance of Indonesia's ...

BI submits 2022 budget plan to House of Representatives

Bank Indonesia (BI) has said it has submitted the 2022 Bank Indonesia Annual Budget Plan (ATBI) to the House of ...

BI sees August inflation at 0.04%

Price development in August 2021 will result in an inflation of 0.04 percent (month-on-month), Bank Indonesia (BI) has ...

Indonesia's economic growth to peak in 2024-2025: BI

Bank Indonesia (BI) has predicted that Indonesia's economic growth will reach its peak in 2024-2025 after slumping ...

Cut import reliance, build self-sufficiency: VP

Vice President Ma'ruf Amin has urged Indonesian citizens to stop relying on imported products and start building ...