#financial system

Collection of financial system news, found 485 news.

State Budget aims to protect public, promote economic recovery

The Finance Ministry stated that the focus of the state budget was still to protect the public from a potential ...

G20 Indonesia

4th FMCBG meeting important to maintain G20's credibility: Minister

The 4th Finance Ministers and Central Bank Governors (FMCBG) meeting participants spotlighted the importance of ...

Indonesia's forex reserves fall to US$130.8 billion in September

Indonesia's foreign exchange reserves fell to US$130.8 billion in September 2022, from US$132.2 billion a month ...

Integrity in financial system can bring positive perception: OJK

Banking Supervision Chief Executive of the Financial Services Authority (OJK) Dian Ediana Rae stated that a financial ...

Ministry, AFD partner up for a low-carbon transition risk study

The Coordinating Ministry for Maritime Affairs and Investment and the French Development Agency (AFD) signed a ...

Foreign exchange reserves at US$132.2 bln in Aug: BI

The position of Indonesia's foreign exchange reserves at the end of August 2022 remained high at US$132.2 billion, ...

Climate change losses could reach 40% of GDP by 2050: BI

Indonesia’s climate change losses could reach 40 percent of the gross domestic product (GDP) by 2050, according ...

Net outflows of Rp5.28 trillion in past week: BI

Net capital outflows of Rp5.28 trillion were recorded in the Indonesian financial market in the period from August 22 ...

BI forecasts 0.13% deflation in August

Based on a price monitoring survey, Bank Indonesia (BI) has projected deflation of 0.13 percent in Indonesia in August ...

BI developing Digital ID for platform data storage

Bank Indonesia (BI) is developing a Digital ID to support national data storage for its digital platform, which is one ...

E-catalogs of local products must be accessible to government: Jokowi

President Joko Widodo (Jokowi) has instructed his staff to ensure that the electronic catalogs (e-catalogs) of local ...

PC-PEN budget realization reaches Rp178.1 trillion

The realization of the COVID-19 Handling and National Economic Recovery (PC-PEN) Program budget has reached Rp178.1 ...

National market capitalization ratio at only 48 percent: Minister

National market capitalization ratio of 48 percent indicated that the scope of the domestic financial sector's ...

Govt to end PC-PEN budget allocation from 2022-end

The government is preparing to stop allocating the budget for COVID-19 handling and national economic recovery (PC-PEN) ...

Need climate action to tackle inflation: BI

Climate change is an important agenda that Indonesia needs to handle since it has a significant role in inflation, ...