TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Economy in brief: BI, ministry team up to launch SiMoDis

  • The Jakarta Post

Jakarta   /   Tue, January 8 2019   /  03:10 am

Bank Indonesia (BI) and the Finance Ministry signed an agreement on Monday on the integrated data monitoring on foreign exchange, particularly relating to exports and imports.The collaboration was marked by the launch of the Integrated Monitoring Real Time Information Data of Foreign Exchange (SiMoDis) signed by BI Governor Perry Warjiyo and Finance Minister Sri Mulyani Indrawati in Jakarta. BI said the launch of the SiMoDiS was one of the first steps to strengthen the implementation of a policy related to foreign exchange from exports that had been implemented in 2012.The SiMoDis would integrate exports and imports with real time information as a result of cooperation between the government and BI, it added.Technically, the SiModis will integrate the flow of documents, goods and money from the Customs and Excise Office and data on taxpayers from the Directorate General of Taxation with ...