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View all search resultsburden-sharing-scheme
Economy 1 month ago
PREMIUM
BI appointee Tommy suggests pro-growth stance in monetary policy
Incoming Bank Indonesia (BI) deputy governor Thomas “Tommy” Djiwandono has suggested ending the so-called burden-sharing scheme between the government and the central bank but wants to harmonize fiscal and monetary policies in other ways to push economic growth.
Academia 6 months ago
PREMIUM
Burden sharing: From emergency lifeline to fiscal dependence?
While the burden sharing scheme was an apt instrument during the COVID-19 pandemic, it now risks becoming a fiscal dominance policy, blurring the line between fiscal and monetary policy, accelerating depreciation, eroding market trust and undermining the central bank's independence.
Regulations 6 months ago
PREMIUM
BI continues burden-sharing scheme, buys $12b worth of govt bonds
The central bank has announced a continuation of its burden-sharing scheme with the government and has purchased trillions of rupiah worth of government bonds this year, but an economist questions the legal basis for continuing a policy initially intended as a crisis response.
